Transactions with debit and credit cards have increased – Economy

The number of credit card and debit transactions recorded increased by 7.3% and 14.2%, respectively, reported Atacyc, the room of this sector.

The total volume of turnover registered during the month grew by 36.4% and 42% respectively, he said.

Despite the sharp increase in the total amount of card transactions, the increase – in percentage – was lower than the cumulative inflation of the last twelve months as measured by the Indec, of 45.9%, a- he declared.

Regarding credit cards, the most important item in sales is mobile telephony, with an annual increase of 26.2% in the number of transactions and 57% of the amount.

Second, the purchase of airline tickets increased by 24.6% and 54.6%, respectively.

In terms of debit cards, Líneas Aéreas recorded the strongest growth, with a 61.8% increase in the number of transactions and a volume of 77.6%, followed by the payment of services, with an increase of 49%. 8% and 101%, respectively.

On the other hand, items with credit card failures compared to October 2017 are personal items, with a 23.1% drop in total transactions; furniture and mattresses (-20.8%) and clothing and footwear (-10.0%) came next.

In the debit card sector, the number of transactions decreased was furniture and mattresses (-11.9%), clothing and footwear (-9.0%) and household goods (-8%). 0%). .