Premium
Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

Daily average value of cross-border payments TARGET2-LU Luxembourg 2008-2018, by type

Daily average value of processed cross-border payments through RTGS-system TARGET2-LU in Luxembourg from 2008 to 2018, by type (in million euros)

by Raynor de Best, last edited Mar 12, 2019
Daily average value of cross-border payments TARGET2-LU Luxembourg 2008-2018, by type This statistic shows the daily average value of processed cross-border payments through RTGS-system TARGET2-LU in Luxembourg from 2008 to 2018, by type (in million euros). TARGET2 is a system that is used by European central banks and commercial banks to process payment orders in real time (also known as real-time gross settlement or RTGS). In essence, the system allows for the free flow of large-value money transactions between banks from different countries and a harmonized monetary policy in Europe. Retail payments, such as payments with credit cards, are processed by another system though: the Single Euro Payments Area or SEPA.
TARGET2-LU is the Luxembourg component of the TARGET2-system. In 2018, the system processed approximately 40 billion euros worth in cross-border payments per day. Like in other European countries, credit and debit cards are a popular form of digital payment methods for either physical purchases in brick-and-mortar-stores or for online purchases. In 2017, there were approximately 19 POS transactions per card in Luxembourg, compared to 123 in the Netherlands and 75 in Belgium.
Show more

Daily average value of processed cross-border payments through RTGS-system TARGET2-LU in Luxembourg from 2008 to 2018, by type (in million euros)

Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "Debit and credit cards in the Benelux"
  • Total card payments
The most important statistics
  • Credit cards
  • Debit cards
  • Debit and credit card fraud
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.