20-01-2015 - In 2014, cash withdrawals and purchases through automatic payment terminals increased

In 2014

Cash withdrawals and purchases through automatic payment terminals increased

Data provided by the Interbank Services Society (SIBS) show that in 2014 cash withdrawals increased by 1.6% compared to 2013, while purchases through automatic payment terminals grew by 3.3%. In turn, the amount spent on payments had a 9.4% increase.

Breaking down the data concerning withdrawals, we can see that in the period of reference, international cards were used to withdraw 71.9 million euros (+5.7%), while the amount of withdrawals using national cards totalled 589.5 million euros, 1.2% more than in 2013.

At the country level, the rates of change were lower for total (+1.2%) and national withdrawals (+0.5%), but higher in the case of international withdrawals (+10.7%).

Concerning purchases through automatic payment terminals, the year-on-year change rate for the third quarter was higher in Portugal (+3.6%) than in Madeira (+3.3%, as mentioned above).