Payment Card Year Books

Finland 2017/2018

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  • Regular price £200.00


A newer version of this product can be found here

Payment Organization

Automatia (ATM network); Finnish Bankers Association. 

Finance Finland (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. As at end-2016, 53.3% of all cards were 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 91.5% of the total bank assets. 

Notable Market Trends

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

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