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Debit card transaction value reached Rp 640 trillion in June 2021. This figure is down 4.5% from the previous month's Rp 670 trillion, but up 34.7% compared to June 2020.
A decrease in transactions occurred across three categories. The value of cash transactions fell by 7.7% from Rp 288.8 trillion in May 2021 to Rp 266.6 trillion last month. Spending transactions decreased by 14.6% to Rp 27.3 trillion.
Furthermore, the value of interbank transfer transactions decreased by 4.3% from Rp 115.6 trillion to Rp 110.6 trillion. The only category showing an increase was intra-bank transfers, reaching Rp 235.5 trillion.
In addition to value, the volume of debit card transactions also declined last month. The number fell by 3.2%, from 626.9 million transactions in May 2021 to 606.7 million transactions in June 2021.
Debit card transactions had previously decreased during the Covid-19 pandemic due to community activity restrictions. Values began to improve at the end of 2020 and increased in March-May 2021. However, this upward trend did not continue into the sixth month.
"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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