Monday, June 3, 2019

Number of payment cards rise six percent to 2.78 million.

The number of payment cards in circulation increased 5.5 percent in 2018 to 2.78 million, mainly driven by the growth in debit cards and prepaid cards, according to Central Bank data.

This compares with a decline of 4.7 percent in 2017 and a slight increase of 0.3 percent in 2016.

Payment cards held by residents represent 97 percent of the total number of payment cards, with the remaining three percent held by non-residents.

Debit cards, accounting for 58 percent of the tota...

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