Belgium 2017/2018

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  • Regular price £200.00

Payment Organization

Bancontact Company.

Domestic Card Brand

Bancontact debit cards, mostly co-badged Maestro. 

E-purse Proton cards, phased-out by end of February 2015.

Market Structure

In April 2016, the domestic card scheme Bancontact/MisterCash (BC/MC) was rebranded as Bancontact. 

From 2011, most Belgian banks restrict the use of the Maestro function on Bancontact cards to Europe (geo-blocking). 

Debit cards dominate the market, accounting for 84.7% of card payments in 2016. Credit card use is under-developed. 

KBC Bank Group has developed a substantial retail banking network in the CEE region, but made divestments in 2011-13. 

Belfius Bank (previously Dexia Bank) is state-owned. 

Notable Market Trends

Contactless Bancontact rollout, mobile Bancontact app with HCE NFC, Payconiq, Mybank, MasterPass, HCE NFC payments. 

Statistical Key Figures for 2016 provided in this profile:

UPDATED: tables with card business data 2012-2016; growth rates: Y-o-Y, CAGR

Population, Cards per Capita, Card Value per Capita

Debit Cards, Credit/Delayed Debit Cards, Total Cards

Card payments by number and by value, ATV per card, payments per card/year

ATMs, POS terminals, ATMs/POS terminals per 1 million capita

ATM withdrawals by number/by value, ATV per withdrawal, TXs per ATM/month

POS payments by number/by value, ATV per POS payment, TXs per POS/month

Internet Use, e-payment mix, B2C e-Commerce by value and growth rate

Issued Card brands by individual major issuer bank

Accepted card brands by individual major acquirer

Drill down into the debit card use and credit cards use details

Product information

Digital product provided in PDF format. You will receive a download link to a zip file containing your files after checkout. 


1.0.0 last updated 2nd December 2017