Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»BLOCKCHAIN NEWS»HKMA releases payment card statistics for the first quarter of 2024, showing an increase in credit card transactions
BLOCKCHAIN NEWS

HKMA releases payment card statistics for the first quarter of 2024, showing an increase in credit card transactions

By Crypto FlexsJune 23, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
HKMA releases payment card statistics for the first quarter of 2024, showing an increase in credit card transactions
Share
Facebook Twitter LinkedIn Pinterest Email





The Hong Kong Monetary Authority (HKMA) has released statistics on payment cards issued in Hong Kong for the first quarter of 2024. This data provides insight into credit and debit card usage patterns in your area.

credit card statistics

According to the HKMA, the total number of credit cards in circulation by the end of the first quarter of 2024 reached 19.98 million. This is a 1.5% increase compared to the previous quarter and a 1.5% increase compared to the same period last year. The total number of credit card transactions in the first quarter of 2024 was 302.34 million, a slight decrease of 0.3% compared to the previous quarter, but a significant increase of 16.5% compared to the same period in 2023. The total amount of these transactions was HK$252.8 billion, an increase of 3.2% compared to the previous quarter and 9.1% compared to the same period last year.

Of the total transaction value, retail spending in Hong Kong was HK$185.2 billion (73.3%), overseas retail spending was HK$58.3 billion (23.1%) and cash advances were HK$9.3 billion (3.7%).

Debit Card Statistics

The HKMA noted that the total number of debit cards in circulation could not be determined due to multiple debit card brands on a single card. However, the total number of debit card transactions involving retail sales and bill payments decreased 0.7% to 48.3 million in the first quarter of 2024. Nonetheless, the total value of these transactions increased 3.0% to HK$75.3 billion. Compared to the same period in 2023, the total amount of debit card transactions increased by 3.9%, while the total amount decreased by 5.0%.

The HKMA has been publishing these statistics quarterly since June 2010 to increase transparency in the Hong Kong payment card industry in line with international practice.

For more information, please refer to the HKMA official announcement.

Image source: Shutterstock



Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

DOW JONES wins Streak with weak growth and cost increases.

June 4, 2025

Trump’s son confirms that the team launches a password wallet and refuses to link to the circulating website.

June 4, 2025

HTX X JAMES WYNN LIVESSTREAM Function Critics Mimem Mem

June 3, 2025
Add A Comment

Comments are closed.

Recent Posts

Cardi B’s WAP is moisturized again, and the top on chain detective

June 5, 2025

Nvidia

June 4, 2025

Bitcoin robbery is a trader after market rotation; ETH, DOGE LEAD majors

June 4, 2025

IP cooperation with the original ZEUS artist and trademark holders

June 4, 2025

DOW JONES wins Streak with weak growth and cost increases.

June 4, 2025

NVIDIA Blackwell achieves an improvement of 2.6x performance in MLPERF training v5.0.

June 4, 2025

NVIDIA MLPERF V5.0: Reproduces the educational score for LLM benchmarks

June 4, 2025

Price prediction of BTC, ETH, XRP, BNB, SOL, DOGE, ADA, Sui, Hype, Link

June 4, 2025

Did the Altcoin season end in 2025? Experts think that it was delayed that it was not dead.

June 4, 2025

Checkpoint #3: June 2025 Stats Ether Leeum Foundation Blog

June 4, 2025

Floating Point 8: Low precision AI training innovation

June 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Cardi B’s WAP is moisturized again, and the top on chain detective

June 5, 2025

Nvidia

June 4, 2025

Bitcoin robbery is a trader after market rotation; ETH, DOGE LEAD majors

June 4, 2025
Most Popular

VECHAIN’s Sunny Lu wants to token the sustainable ‘human behavior’ as if driving Tesla.

May 13, 2025

Fetch.ai Price Prediction: FET Soars 7% on AGIX, OCEAN Merge 2.0 DOGE Presale Provides Last Buying Opportunity

March 28, 2024

The new EIP can improve layer 1 speed by 33%.

October 8, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.