Payments with credit and debit cards grew 36.5% in the first half of this year compared to the same period in 2021, according to a balance sheet released today (10) by the Brazilian Association of Credit Card Companies and Services (Abecs). BRL 1.6 trillion was handled with cards in the first six months of 2022.
Credit
Credit cards had the biggest growth and also the biggest movement in the period. According to Abecs, R$ 1 trillion in payments were made through this medium in the first half of the year, an expansion of 42.2% compared to last year.
debit
Debit cards were responsible for BRL 488 billion in payments, an increase of 16.6% compared to the first six months of 2021. While prepaid cards had BRL 99.4 billion in transactions.
Remote purchases also grew in the first half, which, with a rise of 32.7%, totaled R$ 338.5 billion in the period.
Approximate payments with credit and debit cards increased by 344.5%, totaling R$235.5 billion in the first six months of the year.
Pandemic
According to the association, the high growth is related to the poor comparison base of last year, a critical moment of the covid-19 pandemic. Therefore, the expansion also reflects the end of restrictions on movement and economic activities this year.
