This statistic displays the number of payments made in the Euro area in 2016, by method used. As of 2016 cash is still the most widely used payment instrument, with approximately 124 billion cash transactions occurring at the point of sale (POS) in 2016. 'Other' payment methods which included instruments such as checks, direct debits, credit transfers, mobile payments and other instruments used by households at POS, amounted to approximately three billion transactions in 2016, across the Euro area.
Number of payments in the Euro Area 2016, by method
(in billions)
The source adds the following information: "The study is limited to euro area residents aged 18 years and over and excludes payments made by consumers travelling outside of their place of residence, as well as payments made by tourists, other non-residents and payments between businesses."
* The “other” category includes payment instruments, such as checks, direct debits, credit transfers, mobile payments or other instruments used by households at POS. Due to their low frequency of use, these instruments have been grouped in a single category.
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ECB. (November 24, 2017). Number of payments in the Euro Area 2016, by method (in billions) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/786869/number-of-payments-euro-area/
ECB. "Number of payments in the Euro Area 2016, by method (in billions)." Chart. November 24, 2017. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/786869/number-of-payments-euro-area/
ECB. (2017). Number of payments in the Euro Area 2016, by method (in billions). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/786869/number-of-payments-euro-area/
ECB. "Number of Payments in The Euro Area 2016, by Method (in Billions)." Statista, Statista Inc., 24 Nov 2017, https://www.statista.com/statistics/786869/number-of-payments-euro-area/
ECB, Number of payments in the Euro Area 2016, by method (in billions) Statista, https://www.statista.com/statistics/786869/number-of-payments-euro-area/ (last visited November 04, 2024)
Number of payments in the Euro Area 2016, by method (in billions) [Graph], ECB, November 24, 2017. [Online]. Available: https://www.statista.com/statistics/786869/number-of-payments-euro-area/
