Across the 33 countries covered in the European Payments Yearbook, cards in issue (+3.2%), and POS terminals by number (+7.3%) showed remarkable growth rates again while the ATM terminal estate (-0.3%) continued its decline.
By country, cards per capita range from 0.83 in Romania up to 3.05 in Norway and 4.32 in Luxembourg. Card payments by number (+11.4%) and by value (+3.5%) showed continued growth, thanks to higher card use, growing numbers of online payments and contactless low-value payments.
In 2017, notable European payments trends in the E33 countries include:
- All the E33 countries pushed contactless card payments and mobile HCE NFC payments, including all the European domestic debit card schemes. Nearly all banks issue contactless cards, and the roll-out of contactless POS terminals looks to be happening fast.
- The digital wallets MasterPass an VISA Checkout are supported by leading European bank groups. Apple Pay, Samsung Pay, and Google Pay launched in more European markets.
- In Turkey, the roll-out of contactless domestic cards branded TROY continued.
- Cash-advances on cards at POS terminals in retail outlets is a hot topic circumventing ATMs.
- More European banks combined their mobile banking apps with IBAN-based bank payments directly from bank accounts. Among others, payment apps like BLIK, Jiffy, PayConiq, Swish and Vipps use QR-codes as bridging technology to enable card-less payments in-store.
The country profiles of the European Payments Yearbook provide the individual background of the evolution of the payment services by country and highlight the emerging Open Banking payment ecosystem.
The Payments Yearbooks give a market leading and comprehensive, up-to-date picture of the payment services and card issuing, acquiring, and processing business within 43 countries plus pan European and Eurasian overviews and more…
The reports are recognised through the payments industry as the most authoritative source of cards and payments business information on the European and Eurasian payment markets.
The report comprises of 2 volumes – Volume 1 covers payments statistics of the 33 European countries and Volume 2 contains the Eurasian payments statistics on 10 countries. The European Payment Cards Yearbook 2018-19 and the Eurasian Payment Cards Yearbook 2018–19 are available to purchase as complete volumes or as individual country profiles.
For further information, please contact us:
- Table of Contents highlighting key areas of research
- Sample profile outlining detail in the cards and payments section
gemma@paymentscm.com | Tel: +44 1263 711800 | www.paymentyearbooks.com
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