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Share of NFC payments compared to total debit card payments Netherlands 2014-2020

In the first quarter of 2020, the share of NFC payments was approximately 70 percent of all debit card payments.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.

Share of the Near Field Communication (NFC) transactions compared to the total debit card transactions in the Netherlands from 3rd quarter 2014 to 1st quarter 2020

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Source

Release date

June 2020

Region

Netherlands

Survey time period

Q3 2014 to Q2 2020

Supplementary notes

The numbers provided by the source are calculated and cover 'payments effected with the aid of a debit card product provided by a Dutch bank at a payment terminal in the Netherlands, without the need to swipe or make any other physical contact with the terminal. One can either use a debit card or a mobile phone.'

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