In the last 10 years, the use of debit cards has increased 60% and credit cards 29%.
According to active bank cards
Santo Domingo, DR-In the last 10 years, the use of debit cards has increased 60% in the Dominican Republic while credit cards increased by 29%.
While in 2011 there were 3,329,294 debit cards, so far in 2021, the figure has increased to 5,336,673, according to statistics consulted from the Central Bank.
Meanwhile, in 2011 there were 1,994,972 credit cards in the country, but the figure has increased to 2,579,701 in July 2021.
One of the types of cards that have had a decrease in the country, although not exponentially, are prepaid cards, going from 220,160 in 2011 to 203,687, for a reduction of 8%.
Since 2014, government subsidy cards have increased by 88.5%, going from 924,648 to 1,743,733 seven years ago.