2014News

Local use of credit cards on the rise

Deloitte Dominican Republic revealed findings of a report that says that use of credit cards in the Dominican Republic is up 53% from 2010 to 2013 for peso transactions. As reported in El Dia, during the period, credit card payments in the country increased from RD$96 billion to RD$146 billion. This means that for every RD$100 consumers spend in the purchase of goods and services, RD$5.5 of that amount was charged to a credit card. The peak periods for local credit card transactions are May (Mother’s Day) and December (Christmas). Credit card use in the country is lowest in January and February.

Pagos con tarjetas de crédito subieron 53%