Clipping of news on Brazilian Culture, Law and Citizenship
10/03/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Average ticket transactions with debt decreased from R$ 62 to R$ 54 in six years
SAO PAULO - The use of debit cards as payment is increasingly common among consumers. Currently, 39% of purchases between R$ 50 and R$ 100 are paid with plastic.
According to the research "Debit Market in Brazil", conducted by MasterCard, 31% of purchases are paid the same amount of money, said respondents.
Already on transactions between R$ 100 and R$ 500, 35% are paid with a debit card versus 18% in cash. In this range, the credit appears as the main medium of choice, with 37%. Moreover, transactions under R$ 50, the money is still the most widely used means of payment.
According to research, the average ticket transactions with debit cards decreased from R$ 62 to R$ 54 between 2005 and 2011. The conclusion of the survey is that the use of debit card transactions at lower values are increasingly replacing the use of money.
The survey also reveals that payments of expenses to R$ 50 are made with a higher recurrence bakeries (about 16 times per month), restaurants and newsstands (5-6 times a month) and bars (4-5 times a month).
Market Debt
Research shows that from 2005 to 2012, the preference for debt increased from 26% to 34% among consumers. In the same period, the preference for money fell from 60% to 48%.
According to the study, the debit card payment method was more advanced in the last five years, an increase of 25% per year, higher private consumption in the country, which grew 12% per year over the same period (between 2006 and 2011 ).
The survey also reveals that the market for debit cards in Brazil is expected to double in size by 2016, reaching R$ 493 billion.
Source: News Agency
Our news are removed entirely from the sites of our partners. For this reason, we can not change their content even in cases of typos.
This article was translated by an automatic translation system, and was therefore not reviewed by people.