This statistic displays the average value of payments made in the Euro area in 2016, by method used. In 2016 'other' payment methods had the highest average value at almost 62 euros per transaction. What could be seen was that although in sheer number of payments cash is still very much the preferred method of use in the Euro area, the average value of payments using cash are far lower than card payments.
Average payment value in the Euro Area 2016, by method
(in billion euro)
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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ECB. (November 24, 2017). Average payment value in the Euro Area 2016, by method (in billion euro) [Graph]. In Statista. Retrieved March 16, 2025, from https://www.statista.com/statistics/786886/average-transaction-value-euro-area/?__sso_cookie_checker=failed
ECB. "Average payment value in the Euro Area 2016, by method (in billion euro)." Chart. November 24, 2017. Statista. Accessed March 16, 2025. https://www.statista.com/statistics/786886/average-transaction-value-euro-area/?__sso_cookie_checker=failed
ECB. (2017). Average payment value in the Euro Area 2016, by method (in billion euro). Statista. Statista Inc.. Accessed: March 16, 2025. https://www.statista.com/statistics/786886/average-transaction-value-euro-area/?__sso_cookie_checker=failed
ECB. "Average Payment Value in The Euro Area 2016, by Method (in Billion Euro)." Statista, Statista Inc., 24 Nov 2017, https://www.statista.com/statistics/786886/average-transaction-value-euro-area/?__sso_cookie_checker=failed
ECB, Average payment value in the Euro Area 2016, by method (in billion euro) Statista, https://www.statista.com/statistics/786886/average-transaction-value-euro-area/?__sso_cookie_checker=failed (last visited March 16, 2025)
Average payment value in the Euro Area 2016, by method (in billion euro) [Graph], ECB, November 24, 2017. [Online]. Available: https://www.statista.com/statistics/786886/average-transaction-value-euro-area/?__sso_cookie_checker=failed
