Charge Cards in Spain - New Market Report
As in other financial cards, the number of charge cards in circulation is falling but value spend is increasing. The number of charge cards in circulation fell by -2% to 25 million cards however charge cards transaction volume increased by 3% and transactions value reached similar positive growth of 2%. Consumers therefore reduced the number of cards, trying to better monitor their spending and avoid rising commissions, but they made more intense use of them as the purchasing amount paid...
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