The value of card payments initiated at a physical terminal amounted to EUR 28.6 billion in the second half of 2023, which was 9% more than in the corresponding period a year earlier. In the same period, card payments initiated on a mobile device at a physical terminal amounted to EUR 2.5 billion.
The number of cash withdrawals domestically and in other countries decreased by 8% year on year, totalling 29 million in the second half of 2023. In the same period, a total of EUR 3.9 billion of cash was withdrawn from ATMs, a decline of 7% year on year. Cash withdrawals at domestically located ATMs were made 27.7 million times, at an aggregate value of EUR 3.7 billion. In the corresponding period, cash withdrawals at foreign ATMs totalled EUR 0.2 billion.
There were 1.2 million cash withdrawals at store checkouts in the second half of 2023, an increase of 71% year on year. In the same period, the value of cash withdrawals at physical terminals, such as store checkouts, amounted to EUR 68 million, an increase of 55% year on year.
In the second half of 2023, the value of credit transfers received from the euro area (excluding domestic transfers), totalled EUR 237 billion. The value of credit transfers from non-euro EU countries amounted to EUR 88 billion. The value of credit transfers from non-EU countries amounted to EUR 95 billion.
The value of card payments made in e-commerce in the second half of 2023 totalled EUR 7 billion, an increase of 27% year on year. In the same period, the value of remote card payments using a mobile application (including person-to-person payments) totalled EUR 1.7 billion. Meanwhile, credit transfers initiated with an e-payment button amounted to EUR 2.9 billion, a decline of 33% year on year.
The figures discussed in this news release will be published in a new payments statistics dashboard.
For further information, please contact:
Tia Kurtti, tel. +358 9 183 2043, email: tia.kurtti(at)bof.fi
Tuomas Nummelin, tel. +358 9 183 2373, email: tuomas.nummelin(at)bof.fi.
The next half-yearly payment statistics release will be published in December 2024.