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A total of 849.9 million transactions were made using payment cards in 2010, represents a CAGR of 11.4% from 2006. Credit card transactions accounted for 69.6% of the total, which in absolute terms equated to 591.8 million transactions. Datamonitor forecasts the number of payment cards to increase at a CAGR of 5.0% between 2010 and 2015. One of the challenges faced by Singaporean card issuers are high credit card ownership, those owning more than one card, which has an adverse impact on the level of primary card only users. Among credit card customers in Singapore, only 15% are primary card only users, the lowest among the 21 countries monitored.