• Sale
  • Regular price £175.00

Payment Organizations 

  • Automatia (ATM network); Finnish Bankers Association. 
  • Federation of Finnish Financial Services (FFI). 

Domestic Card Brand 


Market Structure 

  • Sophisticated market with high level of card use. 
  • Cards with combined debit/credit functions for domestic and international use respectively. In 2015, 40% of all cards are contactless cards. 
  • Numbers of ATMs and cash withdrawals have been declining. 
  • The Finnish banks divested from interbank organization Luottokunta. Prior to that, Luottokunta’s issuer and acquirer business was transferred back to the individual Finnish banks. 
  • NETS, the Pan-Nordic processor, acquired Luottokunta in August 2012 – Luottokunta was rebranded as NETS Oy. 
  • In January 2014, SEB Kort bought the EuroCard corporate card business from NETS Oy. 
  • In June 2015, Nordea Group sold its merchant acquiring business to the acquirer unit Teller of NETS, its card processor. 
  • The three largest banks account for 93.3% of the sector assets. 

Notable Market Trends 

Contactless rollout of cards and POS terminals; MPOS terminals; HCE NFC pilots, immediate payments service Siirto. 

Updated Information About:

Major Issuers, Major Acquirers, Major Processors and Consumer Finance indicator. 

Statistical Key Figures for 2015 provided in this profile:

  • UPDATED: tables with card business data 2011-2015; 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. 


1.1(090117) last updated 9th January 2017