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Europe's main merchant transactions card acquirers in 2019

During 2019, the eight leading acquirers in Europe processed more than 58.3 billion payments between them. The Russian headquartered bank, Sberbank was the leading card acquirer in Europe in 2019, with over 20.6 billion payments processed.

Card payments 

An acquirer is a financial institution or bank that processes debit and credit card transactions for merchants. In 2018, there were approximately 77.6 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 2018, there were nearly over 42 billion debit card payments in Europe (excluding the UK). The United Kingdom (UK) accounting for almost 19 billion debit card transactions in that year.

Cashless payments

Cashless payments in Europe (excluding the UK) reached approximately 112 billion transactions in 2018. Countries including the United Kingdom, France and Germany had more than twenty billion cashless transactions each during 2018.

Leading Visa/Mastercard acquirers in Europe in 2019, by merchant transactions

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Source

Release date

May 2020

Region

Europe

Survey time period

2019

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Statistics on "Credit cards worldwide"

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