Credit Card Fraud Statistics Reveal Alarming Rise in Croatia: Figures Reach 2.2 Million Mark in 2019

The number of credit cards issued in Croatia has seen a significant surge, reaching an astonishing 2.2 million mark in 2019, according to estimates based on figures supplied by the country’s central banks. This represents a substantial increase from previous years and accounts for approximately 25% of all payment cards in circulation.

Debit Cards Remain Most Widely Used

While debit cards remain the most widely used type of card in Croatia, with nearly seven million issued in 2018, the rise in credit card usage is undeniably notable. The figures, although estimates, provide a stark reminder of the growing importance of electronic payments in the country’s economy.

Credit Card Adoption: A Growing Trend

It is worth noting that there are significant disparities across Europe when it comes to payment method usage, and owning a payment card does not necessarily mean it is used frequently. Nonetheless, the surge in credit card adoption in Croatia is likely to have far-reaching implications for the nation’s financial sector and consumers alike.

Key Statistics:

• 2.2 million credit cards issued in Croatia in 2019
• Credit cards account for approximately 25% of all payment cards in circulation
• Debit cards remain the most widely used type of card, with nearly seven million issued in 2018

The rise in credit card adoption is a significant trend that is likely to continue shaping the financial sector and consumer behavior in Croatia. As electronic payments become increasingly popular, it is essential for consumers and businesses alike to be aware of the associated risks and take necessary precautions to prevent fraud.