The number of payment transactions in Finland increased from 2015 to 2020, reaching over three million in 2020. That year, card payments with domestic cards amounted to roughly 1.92 billion, while the number of credit transfers was approximately 1.08 billion. The use of SEPA direct debits in Finland is low, and domestic direct debits have mainly been replaced by e-invoicing.
Number of payment transactions in Finland from 2015 to 2020, by type
(in millions)
* Finnish direct debits prior to the transition to the Single Euro Payments Area (SEPA) on February 1, 2014. With the transition to the Single Euro Payments Area (SEPA), domestic direct debits were mainly replaced by e-invoicing solutions.
** Checks cashed in Finland.
The source does not specify the date of the survey.
For this statistic, the values reported by the source have been rounded.
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Bank of Finland. (October 25, 2021). Number of payment transactions in Finland from 2015 to 2020, by type (in millions) [Graph]. In Statista. Retrieved May 19, 2022, from https://www.statista.com/statistics/611146/number-of-monetary-transactions-in-finland-by-type/
Bank of Finland. "Number of payment transactions in Finland from 2015 to 2020, by type (in millions)." Chart. October 25, 2021. Statista. Accessed May 19, 2022. https://www.statista.com/statistics/611146/number-of-monetary-transactions-in-finland-by-type/
Bank of Finland. (2021). Number of payment transactions in Finland from 2015 to 2020, by type (in millions). Statista. Statista Inc.. Accessed: May 19, 2022. https://www.statista.com/statistics/611146/number-of-monetary-transactions-in-finland-by-type/
Bank of Finland. "Number of Payment Transactions in Finland from 2015 to 2020, by Type (in Millions)." Statista, Statista Inc., 25 Oct 2021, https://www.statista.com/statistics/611146/number-of-monetary-transactions-in-finland-by-type/
Bank of Finland, Number of payment transactions in Finland from 2015 to 2020, by type (in millions) Statista, https://www.statista.com/statistics/611146/number-of-monetary-transactions-in-finland-by-type/ (last visited May 19, 2022)
