Recent Study: ATM Cards in Spain
The number of ATM cards in circulation saw further negative growth in 2012 of -5%. This fall is an accurate reflection of the overall economic contraction in 2012 which was revised down to 1.7% by the IMF. Consumers are reducing the number of cards they use in order to better monitor their expenditure and avoid rising fees. Banks are also taking away inactive cards as they complete EMV migration. While all new ATM cards issued in 2011 and 2012 were...
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