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In November, consumption increased with debit and credit cards



Operations credit cards and debit they grew up 14% of year-on-year 14 November Finally, driven by mobile phones, air tickets and services. Reported by a report Credit card association and purchase (Atacyc), in the turnover, the flats grew by 40 percent year-on-year.

Depending on the work, 47.9% of service payments The debit card was made with the Azaroko; Meanwhile, a 43.9% of airfield passages That month was also made through this payment. With credit cards, the phone leads to a level of operation, with 34.6% of transactions and 56.2% in annual comparisons of the year.

On the other hand, the sales of the home and home items, furniture, clothing and footwear and credit cards, according to Atacyc, have been lower in the last month of the year. It should be noted in November electronic money was rcord 31.4% of total deposits in the private sector.

In this way, for 23 years, 23 historical brands have been. In conjunction with the UDE Linken measurement report, the demand for money fell again in line with the new monetary policy reduction in November. "But the use of money from Red Link institutions to register a 31.4% of bank deposits that can be seen in the financial system," said the letter.

So I climbed five points a percentage point earlier to 251,829 million dollars. It should be noted that the total transaction of all electronic payment channels in the last months of 2018 increased by 26.7% in one year, in exchange for 365 million euros.

Physical and legal persons, mean average over 690 pesos, have dropped 12% less than a year ago. With regard to the use of electronic money, users pay for electricity, water and gas, national taxes, telephone and credit cards.

In fact, it was the most dynamic growth in the banking segment, with 256,463 transactions doubling in 20 months and in the physical group, a moderate increase, which was 22.1%. According to the Institute for Social Development of Argentina (IDESA), a "shock" through a massive electronic money use could be a key factor in reducing corruption levels and lower taxation.


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