Payments News


Card Payments Double in Ten Years in Euro Area

“The number of card payments made by consumers and businesses in the euro area has increased by more than two-fold during the last ten years, reveals a report by the European Central Bank. As per the statistics, an average of 121 card payments per capita was recorded last year, versus 56 in 2008. Despite a rise in the number of card payments, the average value of each card payment decreased from €54 in 2008 to €44 in 2018. Card payments accounted for approximately half of the”