Annual number of credit card transactions in Finland 2000-2023, per capita
credit card transactions per capita in Denmark, for example, declined during this time - presumably as consumers did not want to build up credit card debt during COVID-19 lockdown. Finland stands out in Europe for its relatively high number of credit cards within overall payment cards in circulation.
Credit card payments in Finland grew by nearly 30 million transactions in 2020, accelerating a drive to cashless in the country. This increasing use of credit cards in the country is in stark contrast to developments elsewhere. The