Briefs

Mobile payment transactions rise to MOP7.6b

Local mobile payment tools saw a notable increase in both the number and value of transactions during Q3 2024, according to statistics released yesterday by the Monetary Authority of Macao (AMCM). The total number of transactions rose by 2.9% from the previous quarter, reaching 88.1 million, while the transaction value surged by 6.0% to MOP7.6 billion.

The average transaction amount was recorded at MOP86.3; by the end of September, there were 105,772 mobile payment terminals and QR code signs in operation across the region.

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