In the 2^nd quarter of 2025,

Aggregate value of withdrawals and purchases through automatic payment terminals in the SIBS network increased by 8.7% year-on-year

The data provided by Sociedade Interbancária de Serviços (SIBS) for the Autonomous Region of Madeira (ARM), referring to the 2^nd quarter of 2025, shows that the values for the two main operations of the SIBS network (withdrawals and purchases through automatic payment terminals – POS’s), taken together, amounted to 777.0 million euros (2.8% of the national total), representing an increase of 8.7% compared to the same period last year (+5.7% nationwide). This growth was mainly due to the 12.4% increase in purchases through automatic payment terminals (+9.2% nationwide), as withdrawals registered a 1.9% annual decline (-3.3% nationwide).

It should be noted that the increase in global transactions mentioned above, detailed by both types of cards (international and national), is also associated with the year-on-year increases recorded in the movements of international (+13.1%) and national(+7.3%) cards, with the former standing out against the latter. Nationally, the changes were +6.9% and +5.5%, in the same order.

Breaking down withdrawals into national and international, it can be seen that in the second quarter of this year, the former totalled 167.0 million euros, a 2.4% decrease compared to the same quarter of the previous year, while the latter totalled 15.6 million euros, representing a 3.0% increase compared to the same period in 2024.

In turn, purchases made through APT terminals with national cards totalled approximately 416.7 million euros, an 11.7% increase compared to the second quarter of 2024, while those made with international cards totalled 177.8 million euros, representing a 14.1% increase compared to the same period last year.

When analysing the total purchases by purchase type – in-store and online, it is observed that the year-on-year changes were 12.1% and 17.3%, respectively, with online purchases accounting for only 6.1% of the total.

In the second quarter of 2025, purchases made through POS terminals were primarily made in the "Wholesale and retail trade; repair of motor vehicles and motorcycles" (55.6% of the total) and "Accommodation, food, and similar" (23.6% of the total) sectors. These two subclasses of the Classification of Economic Activities (CAE Rev. 3) accounted for 79.2% of the total purchases mentioned. These sectors saw annual increases of 13.1% and 9.5%, respectively.

Analysis of the data by municipality shows that Funchal handled 464.1 million euros, representing 59.7% of the region's total. Year-over-year growth in withdrawals plus purchases through APT terminals was 6.5%. Conversely, Porto Moniz had the lowest transaction volume, totalling 8.7 million euros. However, it also experienced the largest annual change (+43.6%), while São Vicente showed the least significant change (+1.5%).

In cumulative terms, in the first half of 2025, aggregate withdrawals and purchases through POS terminals totalled 1.5 billion euros, an 8.6% increase year-over-year. Transactions with international cards stood out, growing 12.6% compared to the first half of 2024, compared to 7.4% for transactions with national cards. The breakdown between withdrawals and purchases via POS terminals shows that while the former fell by 1.9%, the latter rose by 12.4% compared to the first six months of last year.

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