Payments statistics: first half of 2023
- Total number of non-cash payments in the euro area in first half of 2023 increased by 10.1% to 67.0billion compared with the first half of 2022, while total value declined by 4.5% to €111.4 trillion
- Card payments accounted for 54% of total number of non-cash payments in first half of 2023, credit transfers for 22%, direct debits for 15% and e-money payments for 7%1
- Number of contactless card payments in first half of 2023 increased by 24.3% to 20.9 billioncompared with the first half of 2022, with total value rising by 25.9% to €0.5 trillion
- Number of payment cards outstanding at the end of the first half of 2023 increased by 4.7% to 669.5million compared with the first half of 2022, averaging 1.9 payment cards per euro area inhabitant,with an average value of around €40 per card transaction
- Around 29.8 billion transactions processed by retail payment systems in euro area, worth €23.6trillion
Published on 31 January 2024