Israelis Spend Over 1.14 Billion Shekels on Election Day
Translated & summarized from Alarab by baba
Israeli credit card spending on election day surpassed 1.14 billion shekels, a 41.2% increase from the previous general election. The peak spending minute saw 3.61 million shekels transacted. Food purchases made up 53% of the total, with clothing and shoes seeing a 93% spending surge.
The story in 6 lines · by baba
- Israeli credit card spending on election day exceeded 1.14 billion shekels.
- Spending increased by 41.2% compared to the 25th Knesset elections in November 2022.
- The peak spending minute at 12:40 PM saw 3.61 million shekels transacted.
- Clothing and shoe purchases saw a 93% increase in spending.
- Food accounted for 53% of total election day expenditures.
- The average transaction value ranged from 251 to 275 shekels.
Spending via credit cards in Israel surged on election day, exceeding 1.14 billion shekels between 8:00 AM and 5:00 PM, according to data from Shva, the national payment network operator. This represents a significant 41.2% increase compared to the same period during the 25th Knesset elections in November 2022 and a 12.9% rise from the recent local elections.
The peak spending minute occurred at 12:40 PM, with 3.61 million shekels transacted across over 15,500 individual purchases. Credit card company Max reported a substantial 93% jump in spending on clothing and shoes, and a 36% increase in the food and beverage sector compared to the previous Tuesday.
Food-related purchases accounted for approximately 53% of the total expenditures. The average transaction value per card ranged between 251 and 275 shekels.
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