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BOJ says use of e-payment systems increased for Jan-Nov 2023

The Bank of Jamaica says usage of electronic retail payment systems increased for January to November 2023.
 
The central bank's annual report shows that for the period, there were $134.4 million retail payment tranactions processed, valued at $4.12 trillion.
 
This reflected an increase of 4.7 per cent in volume.
 
The overall value, however, dropped by 3 per cent or $141 billion, to the comparable period in 2022.
 
The BOJ says the growth in volumes mainly reflected an increase in debit card transactions.


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