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Distribution of payment methods used for e-commerce in Belgium in 2016, compared to the EMEA (Europe, the Middle East and Africa)

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Comparison between Belgium and the EMEA on e-commerce payment methods 2016 This statistic shows the distribution of payment methods used for e-commerce in Belgium in 2016, compared to the EMEA (Europe, the Middle East and Africa). Compared to the region, Belgian customers made relatively more use of credit cards for e-commerce payments. Compared to most countries in Europe, Belgium is deemed to lag behind when it comes to the implementation of new technologies. An important reason for this is that banking is seen as an important part of Belgian culture, and there are a relatively high number of bank offices in the country. In 2016, for example, the total number of bank offices established in Belgium reached 4,270 in the Flemish region.
Despite that, credit cards were the leading payment method for online purchases in Belgium in the first quarter of 2017. Its market share, however, decreased in favor of Bancontact, a payment scheme from Brussels that, like Paypal, is responsible for the processing of electronic payments but specifically targets the Belgian market.
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Description Source More information
This statistic shows the distribution of payment methods used for e-commerce in Belgium in 2016, compared to the EMEA (Europe, the Middle East and Africa). Compared to the region, Belgian customers made relatively more use of credit cards for e-commerce payments. Compared to most countries in Europe, Belgium is deemed to lag behind when it comes to the implementation of new technologies. An important reason for this is that banking is seen as an important part of Belgian culture, and there are a relatively high number of bank offices in the country. In 2016, for example, the total number of bank offices established in Belgium reached 4,270 in the Flemish region.
Despite that, credit cards were the leading payment method for online purchases in Belgium in the first quarter of 2017. Its market share, however, decreased in favor of Bancontact, a payment scheme from Brussels that, like Paypal, is responsible for the processing of electronic payments but specifically targets the Belgian market.
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Release date
November 2017
Region
Belgium
Survey time period
November 2017
Supplementary notes
The source mentions the numbers have been compiled "using a mixture of primary and secondary data sources. Primary refers to our own surveys and commissioned research; whereas secondary refers to authoritative third-party vendor data, and other publicly available data." No specifics, however, are given.

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