How many financial transactions were made using a card?

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06/12/2017 12:08 WIB

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Debit/ATM and Credit Card Transaction Values (2010-Oct 2017)

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Debit/ATM and Credit Card Transaction Values (2010-Oct 2017)

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The Indonesian government's policy to encourage cashless transactions and the development of the National Payment Gateway (GPN) are driving growth in card-based payment transactions (APMK). Bank Indonesia data shows that the value of financial transactions using cards from January to October 2017 grew by 10.39 percent to Rp 5,352.66 trillion, compared to Rp 4,848.77 trillion in the same period the previous year. This figure includes credit card, debit card, and Automated Teller Machine (ATM) transactions.

Debit card and ATM transactions during the first ten months of 2017 increased by 10.6 percent to Rp 5,107.39 trillion, from Rp 4,617.86 trillion in the same period of the previous year. The volume also rose by 9.51 percent to 4.68 billion transactions, from 4.28 billion transactions.

Similarly, the value of credit card transactions from January to October 2017 grew by 6.22 percent to Rp 250.36 trillion, compared to Rp 230.9 trillion in the same period the previous year. The volume increased by 8.04 percent to 270.48 million transactions, from 250.36 million transactions.

"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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