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Forecast of payment method usage in Belgium 2018-2023

Which payment methods are used and will be used in the future?*

by Raynor de Best, last edited Aug 5, 2019
Forecast of payment method usage in Belgium 2018-2023 Belgian respondents to a 2018 survey mentioned they will make less use of cash money in the future. Usage rates are expected to decrease from 98 percent in 2018 to 95 percent in 2023. Mobile payments (which includes retail sales, but also occurences on a mobile website or P2P payments) and contactless payments are believed to increase, however. SEPA transfers are also thought to increase, whereas new payment technologies are not thought to be popular in 2023.
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Which payment methods are used and will be used in the future?*

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Debit and credit cards in the Benelux
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