STXNEWS LATAM-Brazil credit, debit card activity grew 18 pct in 2013

Wed Feb 19, 2014 9:43am EST

Credit and debit card transactions in Brazil grew 17.8 percent in 2013 from the year before to 853 billion reais ($355 billion), Abecs, the association representing the sector, said on Wednesday.

The association expects transactions to grow by 17.1 percent in 2014, surpassing 1 trillion reais.

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