Finland: value of payment transactions by type 2019

The value of payment transactions in Finland increased from 2014 to 2019. In 2019, payment transactions totaled nearly 2,803 billion euros, declining from the previous year. The value of credit transfers was roughly 2,748 billion euros in 2019, and card payments with domestic cards amounted to over 54.1 billion euros. The use of SEPA direct debits in Finland is low, and domestic direct debits have mainly been replaced by e-invoicing.

Value of payment transactions in Finland from 2014 to 2019, by type (in billion euros)

Characteristic	Credit transfers	Card payments with domestic cards	Direct debits*	Checks**
2019	2,748.06	54.14	0.4	0.06
2018	2,823.3	51.04	0.44	0.28
2017	2,579.71	47.43	0.31	1.18
2016	2,532.59	45.8	-	2.25
2015	2,545.31	44.09	-	1.82
2014	2,307.52	42.51	2.59	6.19

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

2020

More information

Region

Finland

Survey time period

2014 to 2019

Supplementary notes

* 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.

Citation formats