Credit card turnover hit MOP 5.3 billion in last quarter of 2021; mobile payment tools becoming more popular.
credit card
The total number of personal credit cards issued by banks in Macau continued to rise in the first quarter, but both credit card turnover and repayments recorded year-on-year declines.
The number of personal credit cards issued by banks in Macau rose 8.8% year-on-year to 1.4 million at the end of last year.
A male suspect who works for the Public Security Forces was arrested on Wednesday for his alleged involvement in bogus credit card fraud amounting to 12,000 patacas, a Judiciary Police (PJ) spokesperson said at a special press briefing on Thursday.