ATM and Debit Card Transaction Value Grew 11% in 2021

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Viva Budy Kusnandar 24/06/2022 10:00 WIB

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ATM and debit card transaction values increased by Rp760 trillion (10.99%) to Rp7.68 quadrillion in 2021.

ATM and Debit Card Transaction Values (2010-2021)

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ATM and Debit Card Transaction Values (2010-2021)

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ATM and debit card transaction values increased by Rp760 trillion (10.99%) to Rp7.68 quadrillion in 2021 compared to the previous year. This figure is higher than before the pandemic and represents the highest level in previous years.

The recovery of public activity as the spread of the coronavirus subsided led to the recovery and even growth of ATM and debit card transactions last year.

Based on data from Bank Indonesia (BI), the value of ATM and debit card transactions had shrunk by Rp557.9 trillion (7.46%) to only Rp6.97 quadrillion in 2020 from Rp7.47 quadrillion in the previous year.

Social restriction regulations directly impacted the decline in ATM and debit card transaction values for the first time in a decade.

DKI Jakarta remains the region with the highest value of ATM and debit card transactions, reaching Rp2.93 quadrillion (38.21%) of the total transactions in 2021. This is followed by West Java with transactions reaching Rp1.04 quadrillion (13.59%).

Editor : Annissa Mutia

"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."