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In recent years, debit and credit cards have been widely used by Brazilians as a means of payment, but money remains the preferred method of the population to consume. According to a survey by the Central Bank, 60% of the population choose to pay their bills in cash, while debit and credit cards are the most used respectively by 22% and 15% of consumers.
Change of preference
The survey also reveals a trend in the evolution of consumer tastes. Although living money dominates 60% of payment methods, this percentage represents a decrease from the figure recorded in 78% in 2013.
At the same time, the debit card jumped in the same period
Currency
According to the report, nearly 20% of the Brazilian population usually keeps their rooms at home for more than six months. In this sense, 56.2% of people say they use the money saved to make purchases and payments.
Source: Government of Brazil, with information from the Central Bank
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