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Credit card transactions totaled Rp 238.9 trillion from 274.7 million transactions throughout 2020. This figure is down approximately 30.3% compared to the previous year, which reached Rp 342.7 trillion from 349.2 million transactions.
The decline in transactions was also influenced by restrictions on public activities due to Covid-19. For example, the lowest transactions last year occurred from April to June when large-scale social restrictions (PSBB) were implemented in various regions.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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