European Payment Cards Yearbook

Malta - Summary

 

Price: £50.00
Purchase Malta Profile

Market Overview

  
Market Structure

There is no interbank organization. Maltese banks have arranged authorization, clearing and settlement services directly with Visa and MasterCard.

After increasing by an average of 25% in recent years, growth in card payments slowed to 11% in 2009 and 16% in 2010.

Cheque payments, which began to fall in 2008, have, in 2010, been overtaken by card payments for the first time.

Malta joined the Eurosystem on January 1 2008.
   
Major Issuers Bank of Valletta, HSBC Bank Malta.
   
Major Acquirers Bank of Valletta, HSBC Bank Malta.
   

Key Statistics 2010

  
Population 416,050
Cards Debit: 508,407
Credit: 173,278
Total: 681,685

 

 

 

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