In the 2nd quarter of 2017

Aggregate of withdrawals and purchases through automatic payment terminals registered a year-on-year increase of 7.2%

Data provided by the Interbank Services Society (SIBS) for the second quarter of 2017 show that the aggregate of withdrawals and purchases through automatic payment terminals (APT) increased by 7.2% compared with the same period of the previous year (below the 8.4% increase registered in Portugal). In the aforementioned period, the purchases through ATP grew by 12.8% while the cash withdrawals rose by 0.8%. In turn, the amount spent on payments had a 10.6% year-on-year (y-o-y) increase.

International cards were used to withdraw 16.8 million Euros (-5.4% y-o-y decrease), while the amount of withdrawals using national cards totaled 152.6 million Euros, up by 1.6% when compared with the corresponding period of 2016.

At the country level, international withdrawals rose by 2.8% and the national withdrawals increased by 3.2%. The y-o-y average growth in withdrawals was 3.1%.

Concerning purchases through automatic payment terminals, the year-on-year change rate for the second quarter 2017 was higher in Madeira (+12.8%) than in Portugal (+12.6%). In the Region, the purchases through APT using national cards increased by 10.2% while those made using international cards rose by 22.8%.

Between January and June 2017, the aggregate of withdrawals and purchases through ATP grew by 6.7% in Madeira and by 7.1% in Portugal, vis-a-vis the same period of 2016.

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