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Belgium, Europe and MEA e-commerce payment methods 2020

Compared to Europe and the MEA (Middle-east and Africa) regions, Belgian customers made relatively more use of debit cards for e-commerce payments, accounting for 30 percent of the market share. In particular, for online shopping in Belgium, as of 2018, Bancontact was the most important. Bancontact a payment scheme from Brussels that, like PayPal, is responsible for the processing of electronic payments but specifically targets the Belgian market.

Distribution of payment methods used for e-commerce in Belgium in 2020, compared to Europe and the MEA

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Source

Release date

January 2021

Region

Belgium

Survey time period

2020

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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Statistics on "Cross-border online shopping in Belgium"

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