Total quarterly cost of credit card settlements in Israel 2021-2024
In the first quarter of 2024, businesses in Israel paid over 900 million Israeli shekels (around 240 million U.S. dollars) in credit card fees on transactions made by their customers. This amounts to just over 0.7 percent of the total credit card settlements in the country that quarter. Between the first quarter of 2021 and the first quarter of 2024, credit card fees increased by just over 30 percent.