Brazil card payments hit R$1.2T in Q3, credit gains share as debit declines

Brazilian card transactions reached R$1.2 trillion in Q3, growing 6.6% in value but only 2.3% in volume, indicating larger average ticket sizes. Credit card usage is rising while debit declines, with contactless and recurring payments driving growth. This signals a shift in consumer payment behavior and potential implications for banking and fintech sectors.

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