Boxing Day Sales

The day after Christmas Day is called Boxing Day. It is not clear where this name came from but maybe it came from people putting left-over food into boxes to give to the poor. Nowadays, it is the day when shops have sales and offer good bargains.

This year, people spent more than last year and the year before. Paymark processes three-quarters of all electronic sales. These are sales using a credit card or cash card. Paymark said sales were up by 13.4 per cent – or $14.2 million – compared with Boxing Day last year. People spent $120m, compared with $106m on the same day last year. They bought more than two million items. The population of NZ is only 4.4 million.

The most popular items were electronic goods, jewellery and clothing.

Vocabulary

left-over – extra food, food not eaten on Christmas day
cash card – In NZ this is called EFTPOS – Electronic Funds Transfer at Point Of Sale; point of sale is the place you buy something e.g. at the shop; the money (funds) is taken (transfer) directly out of your bank account. It is not a credit card
items – different things






5 Comments

  1. Hello,I am enjoying and learning English and culture of NZ here.I would like to know the meaning of the word ‘paymark.’I checked the word in some dictionaries but I couldn’t find the word.Thank you.

  2. Paymark is the name of the company which operates electronic card payments.

  3. Thank you for letting me know about it so soon.

  4. Hello,I’d like to tell you there is a mistake at third line of second paragraph,$12.2 million not $14.2 million.Thank you.

  5. That’s the figure Paymark gave so they must be including something else that we don’t know about.

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