More Bulgarians Use Card Payment Methods

Business » FINANCE | February 10, 2014, Monday // 17:55| Views: | Comments: 0
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More Bulgarians are willing to use POS terminals and tend not to pay cash.

In 2013, the purchases made by debit or credit card increased by 20% and the average amount was BGN 70 per month.

Consumers tend to be more willing to use a POS terminal for small purchases of BGN 2-3 as well, Nova TV reports.

Traditionally, more card payments are made during the holidays. Therefore, the transactions via POS terminals increased by 40% in December.

According to bankers, the future is in the contactless payments which save time otherwise spent in lines at stores

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Tags: POS terminal, contactless payment, transaction
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