European Payments Report (Overview) 2025
European Payments Report 2025
United Kingdom 2025
Market Overview Payment Organisations Payment System Regulator (PSR), since April 2015. Pay.UK, the new payment system operator, since 2017. UK Finance, the new UK banking industry association, since 2017. LINK operates the LINK ATM network scheme in the UK. VocaLink, owned by Mastercard since 2017, processes the UK’s Faster Payments system, settlements, and the direct […]
Turkey 2025
Market Overview Payment Organisation BKM is the interbank authorisation and switching centre. Domestic Payment Brands TROY cards co-badged Discover for international use. Market Structure In 2016, Turkey’s first domestic card scheme, TROY, went live. There were 397.23 million cards by end-2023. Debit cards, accounting for 47.71% of cards in circulation, are mainly used for ATM […]
Switzerland 2025
Market Overview Payment Organisations SIX Group, the Swiss interbank organisation. Aduno Group – interbank organisation of the Swiss regional banks Domestic Payment Brands PostFinance debit cards, CardDirect, some co-badged PLUS. TWINT, the digital A2A payment app of the Swiss banks. Market Structure Swiss banks mainly issue Maestro debit cards, PostFinance, the banking arm of Swiss […]
Sweden 2025
Market Overview Payment Organisations BDB Bankernas Depå. Bankomat AB manages the Bankomat ATM network. Getswish AB operates the immediate payment service, Swish. Domestic Payment Brands No domestic card brand. Swish, the immediate A2A payment service of the Swedish banks. Market Structure Swedish debit cards are branded Mastercard, VISA, Debit Mastercard, Maestro, VISA Debit or Electron. […]
Spain 2025
Market Overview Payment Organisations SistemaPay Domestic Card Brands SistemaPay cards are co-badged Mastercard, VISA, Debit Mastercard, or VISA Debit for international use. Bizum, the domestic A2A payment service. Market Structure Cards in issue had grown strongly to 79.2 million by end-2008, then falling to 68.0 million at end-2014, with a CAGR of 3.30% to 2023. […]
Slovenia 2025
Market Overview Payment Organizations Bankart is the processor of BA cards and Karanta cards. Activa is processor of the Activa card scheme. Domestic Card Brands Activa cards are co-badged Maestro, Mastercard, VISA or Electron; BA Maestro cards; Karanta cards co-badged Mastercard; there are also domestic-only cards with one of the three domestic brands. Market Structure […]
Slovakia 2025
Market Overview Payment Organisation ZBK, the Slovak Bank Card Association. Domestic Payment Brands No domestic payment brands. Market Structure Like other CEE markets, continued rapid growth of card use in Slovakia. By end-2023, the number of cards had reached 6.31 million and there are now 180.2 payments on cards per capita. Cards issued are credit […]
Serbia 2025
Market Overview Payment Organisations National Payment Card Centre DinaCard Domestic Payment Brands DinaCard debit, credit, and prepaid cards. They can be co-badged Discover, Pulse, or UnionPay for international use Market Structure Exceptionally for an emerging market, there are more POS payments than ATM withdrawals in Serbia, reflecting the advanced nature of the card business in […]