The total value of purchases of goods and services made using debit and credit cards by Guatemalan businessmen during 2011 was 18% more than those of 2010.
The information comes from the Commercial Consumption Expenditure (CCE) report which looks at payments around the world and is conducted yearly by the payment technology company Visa.
Siglo21.com.gt reports that, "According to this study, which calculates spending by companies around the world, the amount of purchases made with Visa debit and credit cards in Latin America and the Caribbean (LAC) was $7.8 billion and showed an increase of 19.4% compared with 2010.