29 DEC 2023

MCB Christmas spending highlights


Christmas spending peaks on Saturday 23rd December with grocery, clothing, retail stores and home furnishing & accessories purchases being the most popular. The month of December registered a 22% year-on-year growth as more MCB customers are adopting various digital payment methods (contactless, Juice and online). And with the number of cash withdrawal regressing by 3%, the on-going fight against cash is moving in the right direction.

Stay tuned for the full December spending trends in January 2024.


MCB Christmas spending highlights 2023

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