The second quarter of 2024 saw a significant increase in the use of local mobile payment tools and a rise in credit and debit card transactions. According to the latest statistics released by the Monetary Authority of Macao, the number of transactions carried out by local mobile payment tools increased by 15.9% year-on-year to 85.6 million in the second quarter. The transaction value totaled MOP7.2 billion, an increment of 5.3% from the preceding year. The average amount per transaction was MOP83.8. At the end of June 2024, the number of mobile payment terminals and QR code signs amounted to 102,667, indicating a growing adoption of mobile payment services in Macau.
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