Credit card usage in Sweden 2010-2018

According bi-yearly surveys, the use of credit cards in Sweden did not change since 2014. Credit card usage increased from 27 percent in 2010 to 29 percent in 2012, and to 31 percent in 2014. The user share of credit cards then stayed at 31 percent until 2018, with the total value of credit card payments reaching 277 billion Swedish kronor that year.

Debit card payments

      What seemed to be a rather more common payment method in Sweden during that period were payments via debit card, which stayed at a usage share of 93 percent since 2014. Since 2009, the number of payments made with debit card increased annually. In 2009, around 1.3 billion debit card payments were made, and ten years later the number had increased to nearly three billion.

Mobile payment: Swish

   The Swedish mobile payment service Swish was launched in 2012 and has become more and more popular. As of February 2019, the payment app had over seven million customers, most of them private accounts. The average value per Swish transaction during that period was 494 Swedish kronor.