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8.8 mln payment cards in Croatia in 2016, 22% contactless

Author: Snježana Pezer

ZAGREB, Sept 25 (Hina) - The total number of payment cards in Croatia, both debit and credit cards is continuing to grow and at the end of last year there was a total of 8.8 million or about two percent more than in 2015, it was said at an international SmartCard 2017 conference on chip cards and other financial services.

Of the total number of payment cards last year, one in five or 22% were contactless cards while at the end of 2015, their share was 19.2%.

According to data presented by Zrinka Petroci from the Croatian National Bank (HNB), of the total number of payment cards about 50% are in use while 45% aren't used at all and about 5% are blocked due to distress orders or other legal provisions, she said.

The total amount of card transactions last year amounted to HRK 132 billion which is an increase of 5.3% while the total number of transactions increased by 8% to about 379 million transactions.

About 65% of all transactions related to the purchase of goods and services and 27% were for cash withdrawals. However the situation was completely the opposite with regard to the value of transactions so that 36% of the total value of transactions were for goods and services while 57% of the value was in cash withdrawals.

Last year there were 4,543 ATMs in Croatia, which is 2.8% more than the year before.

 (EUR 1 = HRK 7.5)

(Hina) sp

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