According to statistics released today by the Monetary Authority of Macao, the total number of personal credit cards and debit cards issued by banks in Macao increased in the third quarter of 2021. The turnover of credit cards and debit cards both witnessed decreases from a quarter earlier. On the other hand, the number and the value of transactions of local mobile payment tools continued to rise on a quarterly basis.

Payment cards issued

The total number of personal credit cards issued by banks in Macao stood at 1,509,782 at end-September 2021, representing an increase of 1.3% over the previous quarter. The total number of debit cards issued by banks in Macao reached 1,932,344, up by 4.0% from the last quarter. 

Credit limit granted and delinquency

At end-September 2021, credit card credit limit granted by banks in Macao reached MOP44.8 billion, up 1.4% from end-June 2021.  Credit card receivables amounted to MOP2.4 billion, of which the rollover amount totalled MOP761.0 million, representing 31.6% of credit card receivables. The delinquency ratio, i.e. the ratio of delinquent amount overdue for more than three months to credit card receivables, rose by 0.02 percentage points to 2.4% when compared with end-June 2021.

Turnover and repayment

For the third quarter of 2021, the credit card turnover totalled MOP4.8 billion, a reduction of 3.4% quarter-to-quarter. The cash advance turnover was MOP169.6 million, occupying 3.5% of total credit card turnover. The number of credit card transactions reached 7.1 million, a rise of 2.3% from the previous quarter. Credit card repayments, in which payments for interest and fees are included, dropped by 2.3% from the previous quarter to MOP5.1 billion. On the other hand, the number of debit card transactions other than cash withdrawals fell 23.8% from the previous quarter to 417.6 thousand. The debit card turnover totalled MOP943.7 million, down by 14.4% from the last quarter.

Mobile payment

The number of transactions carried out by local mobile payment tools grew by 12.3% from the previous quarter to 53.9 million in the third quarter of 2021. The transaction value reached MOP5.3 billion, up 20.1% from the second quarter of 2021. The average amount per transaction was MOP98.2. At end-September 2021, the number of mobile payment terminals and QR code signs totalled 84.1 thousand, a rise of 0.8% quarter-to-quarter.

Detailed figures on Payment Card and Mobile Payment Statistics are available on:
http://www.amcm.gov.mo/en/research-statistics/statistics/official-statistics-summary-page.