Unlike its neighboring countries of Belgium and Germany, Luxembourg has e-money payments as the lead payment method in the relative importance of payment services or instruments as a share of total transactions (in terms of transaction numbers) in 2020. In that year, e-money payments accounted for over 93 percent of all transactions. In Belgium, E-money payment accounted for only 1.2 percent of the relative importance in terms of transaction numbers in 2020. In Germany, this number was even lower, with 0.1 percent in 2020.
Distribution of selected payment services in the total number of payment transactions in Luxembourg from 2001 to 2021
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ECB. (July 21, 2022). Distribution of selected payment services in the total number of payment transactions in Luxembourg from 2001 to 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/610862/payment-services-importance-as-share-of-all-transaction-luxembourg/
ECB. "Distribution of selected payment services in the total number of payment transactions in Luxembourg from 2001 to 2021." Chart. July 21, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/610862/payment-services-importance-as-share-of-all-transaction-luxembourg/
ECB. (2022). Distribution of selected payment services in the total number of payment transactions in Luxembourg from 2001 to 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/610862/payment-services-importance-as-share-of-all-transaction-luxembourg/
ECB. "Distribution of Selected Payment Services in The Total Number of Payment Transactions in Luxembourg from 2001 to 2021." Statista, Statista Inc., 21 Jul 2022, https://www.statista.com/statistics/610862/payment-services-importance-as-share-of-all-transaction-luxembourg/
ECB, Distribution of selected payment services in the total number of payment transactions in Luxembourg from 2001 to 2021 Statista, https://www.statista.com/statistics/610862/payment-services-importance-as-share-of-all-transaction-luxembourg/ (last visited November 21, 2024)
Distribution of selected payment services in the total number of payment transactions in Luxembourg from 2001 to 2021 [Graph], ECB, July 21, 2022. [Online]. Available: https://www.statista.com/statistics/610862/payment-services-importance-as-share-of-all-transaction-luxembourg/