It is important to note that sales from the current holiday shopping season will surely increase the figure.
Credit cards not only help formalize a large number of businesses, but they also help increase sales volumes. It is for this reason that 6,000 new businesses will incorporate themselves into Peru’s credit card network.
According to Rodriguez, VisaNet will have 28,000 registered affiliates in all of Peru by the end of the year.
An important figure to note, is that of all of the credit card transactions made, 70% are for basic services such as electricity, water, and telephone followed by clothing sales.