Debit Card Transactions In Bangladesh increased by 32% YoY in April 20231 min read

The transactions through debit cards saw a significant rise to Tk 441,442.5 million in April 2023. The growth is aligned with the shift in consumer behavior who are now using debit and credit cards more for purchase instead of using cash & cheques.

Read more: Square Toiletries Limited Appoints Malik Mohammed Sayeed As The New COO

The amount was 3.27 times higher compared to April 2019. 

Title Images 37

The number of debit card issuance has seen 4 consecutive YoY double-digit growths in April 2023. The number of debit cards increased by 1% compared to March 2023. 

Title Images 38

The number of transactions continues its gradual growth which is aligned with the shift in consumer purchasing behavior. The number of transactions through debit cards increased by 9% compared to March 2023. The number of transactions increased by 2.53 times compared to April 2019. 

Title Images 39

Amount of transactions continues its consecutive double-digit growth but the average amount per transaction declined compared to the same period last year. The average amount per transaction was Tk 9,507.6 in April 2023 which was Tk 9,552.3 in April 2022. The average amount per transaction was Tk 7,348.9 in April 2019.

For more updates, be with Markedium.

Get real time updates directly on you device, subscribe now.

You might also like
Notify of

Inline Feedbacks
View all comments
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Would love your thoughts, please comment.x


Join our mailing list to receive the latest news and updates from Markedium!

You have Successfully Subscribed!