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Credit Card Spending Surges on Election Day in Israel

Israelis took advantage of the election day holiday to shop, with credit card spending jumping by tens of millions of shekels compared to the previous election.


Credit card spending rose significantly on the morning of election day for the 26th Knesset, as the Israeli public took advantage of the national holiday to visit shopping centers, newspapers Calcalist and Maariv reported.

According to data reported by Maariv, the public spent more than a quarter of a billion shekels within three hours. The figure represents an increase of approximately 52.5 million shekels compared to the equivalent timeframe in the previous election.

The peak minute of activity was recorded at 10:57 a.m., when more than 11,300 transactions totaling roughly 2.39 million shekels were processed through the Shva payment systems. Comprehensive figures for the remainder of the day have not yet been released.

Sources: כלכליסט, מעריב — עסקים

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