Monday, December 03, 2018

Shopping with 14.7% Rise Cards in 3Q

For purchases with credit cards, debit cards and prepaid grew 14.7% in the third quarter of 2018 compared to the same period of the previous year, according to the Brazilian Association of credit card companies and services (Abecs). The Brazilians moved R $391.1 billion in transactions, with greater weight to his credit cards, which recorded $244.4 billion and R growth of 14.8%. Second the Abecs, the use of cards is still concentrated in the Southeast, which owns 60.4% of the entire volume moved. However, the most significant growths in the period came from the North (16.4%) and Northeast (15%). Year to date, the use of the cards came to R $1.11 trillion, with an increase of 14%. The projection is that this value exceeds R $1.5 trillion in 2018.
Giro News - 30/11/2018 News Item translated automatically
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