Quarterly revenue of NFC payments in the Netherlands 2014-2020

Contactless payments in the Netherlands grew in the first quarter of 2020 by approximately 37 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.

Total revenue of NFC payments in the Netherlands from 3rd quarter of 2014 to 1st quarter of 2020

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Source

Release date

June 2020

Region

Netherlands

Survey time period

Q3 2014 to Q1 2020

Supplementary notes

The numbers provided by the source 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.'

In the Netherlands, Android Pay is available and being supported by several Dutch banks, such as ING and Rabobank. Also, there is support for payment via QR codes. Apple Pay and Pay from Samsung, however, are not yet released in the Netherlands.

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Statistics on "Payments in the Netherlands"

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