In the 1^st quarter of 2019

Aggregate of withdrawals and purchases through automatic payment terminals registered a year-on-year increase of 7.4%

Data provided by the Interbank Services Society (SIBS) for the first quarter of 2019 show that the aggregate of cash withdrawals and purchases through automatic payment terminals (APT) increased by 7.4% compared with the same period of the previous year (above the 6.1% increase registered in Portugal). While the cash withdrawals grew by 5.8%, the purchases through ATP rose by 8.5%. In turn, compared to the corresponding period of the previous year, the amount spent on payments went up by 7.4%.

Breaking down the data concerning withdrawals, the figures show that in the period of reference, international cards were used to withdraw 13.8 million Euros (8.7% y-o-y decrease), while the amount of withdrawals using national cards totalled 148.6 million Euros, a 5.5% increase when compared with the same period of 2018.

At the country level, national withdrawals rose by 3.5% while the international withdrawals increased by 0.8%. The y-o-y average growth in withdrawals was 3.4%.

Concerning purchases through automatic payment terminals, the year-on-year change rate for the first quarter 2019 was higher in Madeira (+8.5%) than in Portugal (+8.1%). In the Region, the purchases through APT using international cards increased by 1.5% while those made using national cards rose by 10.5%.

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