Quarterly value of contactless payments in the Netherlands 2014-2021
Contactless payments in the Netherlands grew in the first quarter of 2021 by approximately 15 percent compared to the same quarter one year before. NFC payments were introduced in the Netherlands in 2014 and mainly involves contactless payments made at points of sales, with either a debit card or a mobile phone or payments via QR codes. These methods are supported and developed by Dutch banks, such as ING and Rabobank, with larger Fintech-services such as Android Pay, Apple Pay and Pay from Samsung not yet being released in the Netherlands. In 2016, approximately 50 percent of all contactless payments had a transaction amount of ten euros or less.
