Number of payments in the Euro Area 2016, by method

This statistic displays the number of payments made in the Euro area in 2016, by method used. As of 2016 cash is still the most widely used payment instrument, with approximately 124 billion cash transactions occurring at the point of sale (POS) in 2016. 'Other' payment methods which included instruments such as checks, direct debits, credit transfers, mobile payments and other instruments used by households at POS, amounted to approximately three billion transactions in 2016, across the Euro area.

Number of payments in the Euro Area 2016, by method

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Source

Release date

November 2017

Region

Europe

Survey time period

October 2015 to July 2016

Number of respondents

92,080 respondents

Age group

18 years and older

Special properties

respondents participated in the diary survey

Supplementary notes

The source adds the following information: "The study is limited to euro area residents aged 18 years and over and excludes payments made by consumers travelling outside of their place of residence, as well as payments made by tourists, other non-residents and payments between businesses."

* The “other” category includes payment instruments, such as checks, direct debits, credit transfers, mobile payments or other instruments used by households at POS. Due to their low frequency of use, these instruments have been grouped in a single category.

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