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Europe's main merchant transactions card acquirers in 2017

Leading Visa/Mastercard acquirers in Europe in 2017, by merchant transactions (in millions)

by James Cherowbrier, last edited Nov 5, 2019
Europe's main merchant transactions card acquirers in 2017 According to Payments Card & Mobile, there are approximately 375 active card acquirers in Europe. During 2017, the leading ten acquirers in Europe processed more than 43 billion payments between them. The Russian headquartered bank, Sberbank was the leading card acquirer in Europe in 2017 with over nine billion payments processed.

Card payments 

An acquirer is a financial institution or bank that processes debit and credit card transactions for merchants. In 2017, there were approximately 69.2 billion card payments made in the European Union. By far the most popular form of card payment in the EU is the debit card. In 2017 there were nearly 54 billion debit card payments in Europe, with the United Kingdom (UK) accounting for over 17 billion debit card transactions in that year.

Cashless payments

Cashless payments in Europe reached approximately 134 billion transactions in 2017. Countries including the United Kingdom, France and Germany had more than twenty billion cashless transactions each during 2017.
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Leading Visa/Mastercard acquirers in Europe in 2017, by merchant transactions (in millions)

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