News Column

SHARE OF DEBIT CARDS DECREASED IN 2013

January 21, 2014

Sarke Daily News

National Bank of Georgia reported that as of December 31, 2013 , number of debit cards made up 4.57 million, accounting for 76.96% of total cards. By the end of 2012, debit cards accounted for 83.64%. Out of total debit cards, Visa accounted for 62.95% (instead of 76.25% in 2012). Number of these debit cards has decreased by 8.4%, making up 2.87 million in 2013. EC/MC cards, which number made up 924,375 (increase 1.8 times), accounted for 20.21% of total debit cards (instead of 12.27% in 2012). Other systems (769,583 cards, growth 1.6 times) accounted for 16.83% (instead of 11.46%). In the reporting period, there were 5.94 million banking plastic cards in circulation in the country, increasing by 20.57% year-on-year.


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Source: Sarke Daily News (Georgia)


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