Monthly Retail Payments Report, August 2023

Summary:

The report highlights the growth of various payment methods in the sector. Key findings include:

Immediate transfers (push) recorded a 106.1% year-over-year (y-o-y) growth, with 300 million transactions worth $10.6 billion.
Intra- PSPCP (payment systems and payment cards) transactions reached 142.9 million, with a value of $735.7 billion, representing a 126.7% y-o-y growth.
QR interoperable transactions surpassed 15.6 million, with a value of $220 billion, showing a 24.6% y-o-y decline.
Payments with QR initiations accounted for 52.2% of total QR transactions, with 36.9 million transactions worth $158.9 billion.
Payments with credit card initiations showed a decline, with 5.7 million transactions worth $95.6 billion, representing a 48.3% y-o-y decline.
Credit card transactions accounted for 113.5 million transactions worth $1.4743 billion, showing a 9.3% y-o-y growth in volumes and a 0.7% y-o-y decline in value.

Other notable statistics include:

16 million payment accounts were opened with a total balance of $159.4 billion.
Immediate debit transactions reached 31 million, with a value of $567.4 billion, showing a 53.7% y-o-y growth.
Cheques accounted for 65.2% of compensated amounts, with 5.5 million cheques worth $4.4 billion.
Tarjeta de du00e9bito transactions accounted for 218.8 million transactions worth $1.353.56 billion, showing a 19.2% y-o-y growth in volumes and a 1.7% y-o-y growth in value.

Please note that this summary is based on the provided document and may not capture all the details and nuances present in the original report.