Chile’s cash use has rebounded since pandemic, survey finds
Surveys performed by Chile’s central financial institution discover that money use has returned to pre-pandemic ranges, however respondents report a rising desire for debit card transactions.
The proportion of individuals utilizing money greater than as soon as every week fell from 75% in 2019 to a low of 60% in 2021. This determine rose to 79% in 2022.
Nonetheless, debit card use has risen steadily, from 44% in 2018 to 83% in 2022. Debit card use charges first exceeded money in 2020.
Customers’ desire for money stays beneath its pre-pandemic
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