In the 2^nd quarter of 2018

Aggregate of withdrawals and purchases through automatic payment terminals registered a year-on-year increase of 3.9%

Data provided by the Interbank Services Society (SIBS) for the second quarter of 2018 show that the aggregate of withdrawals and purchases through automatic payment terminals (APT) rose by 3.9% compared with the same period of the previous year. In the country, there was a 5.4% increase on this variable. In the aforementioned period, the purchases through ATP in the Autonomous Region of Madeira grew by 7.1% while the cash withdrawals decreased by 0.1%. In turn, the amount spent on payments had a 5.1% year-on-year (y-o-y) increase.

International cards were used to withdraw 13.7 million Euros (18.5% y-o-y decrease), while the amount of withdrawals using national cards totaled 155.6 million Euros, up by 2.0% when compared with the corresponding period of 2017.

At the country level, international withdrawals decreased by 1.9% and the national withdrawals increased by 1.6%. The y-o-y average growth in withdrawals was 1.3%.

Concerning purchases through automatic payment terminals, the year-on-year change rate for the second quarter 2018 was higher in Portugal (+8.4%) than in Madeira (+7.1%). In the Region, the purchases through APT using national cards increased by 9.4% while those made using international cards dropped by 1.0%.

Between January and June 2018, the aggregate of withdrawals and purchases through ATP grew by 4.7% in Madeira and by 6.4% in Portugal, vis-a-vis the same period of 2017.

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