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Bancontact, VISA/MasterCard and Maestro/V-Pay transactions in Belgium 2010-2017
Bancontact, VISA/MasterCard and Maestro/V-Pay transactions in Belgium 2010-2017
Total number of processed payment transactions in Belgium from 2010 to 2017, by payment scheme (in millions)
by Raynor de Best,
last edited
Aug 9, 2019
Is MasterCard or VISA the most used payment card in Belgium? According to the number of processed payment transactions, neither is. In 2017, approximately 1.44 billion transactions were made using Bancontact. This payment scheme, which only exists in Belgium and uses debit cards from the country’s banks (such as the big banks BNP Paribas Fortis, Belfius and KBC) to pay for goods purchased either online or in a brick-and-mortar store, made up the majority of all processed payment transactions in the country. Bancontact also ranked as the country’s most used digital payment method in 2018.
Credit cards lead the way online…
Compared to the EMEA (Europe, the Middle East and Africa) region, Belgian customers made relatively more use of credit cards for e-commerce payments. A potential explanation for this could be that Belgian customers are more likely to buy something online from outside their country than other European customers. Cross-border purchases sometimes might require credit card payments, although some Dutch webshops (such as Bol.com and Coolblue) have started to add the Bancontact payment option to make their platforms more attractive for a Belgian audience.
… with debit cards being popular at retail points of sale.
In 2017, there were around 16.4 million payment cards issued with a debit function in Belgium. (ID 664879). This number is a decline in comparison to the previous year, for reasons that were not mentioned. These payments, however, were not likely to be contactless: in 2018, only four percent of POS payment transactions in Belgium were contactless. This was considerably less than the market shares of contactless payments in other European countries and the combined European average of 48 percent.
Total number of processed payment transactions in Belgium from 2010 to 2017, by payment scheme (in millions)
Loading statistic...
| Bancontact | VISA/Mastercard | Maestro/V-Pay | |
|---|---|---|---|
| 2017 | 1,441.58 | 235.98 | 68.07 |
| 2016 | 1,375.43 | 228.23 | 79.43 |
| 2015 | 1,306.73 | 204.78 | 72.59 |
| 2014 | 1,125.9 | 206.25 | 61.04 |
| 2013 | 1,068.44 | 183.47 | - |
| 2012 | 1,028.89 | 164.01 | - |
| 2011 | 973.38 | 148.38 | - |
| 2010 | 960 | 139.5 | - |
| Bancontact | VISA/Mastercard | Maestro/V-Pay | |
|---|---|---|---|
| 2017 | 1,441.58 | 235.98 | 68.07 |
| 2016 | 1,375.43 | 228.23 | 79.43 |
| 2015 | 1,306.73 | 204.78 | 72.59 |
| 2014 | 1,125.9 | 206.25 | 61.04 |
| 2013 | 1,068.44 | 183.47 | - |
| 2012 | 1,028.89 | 164.01 | - |
| 2011 | 973.38 | 148.38 | - |
| 2010 | 960 | 139.5 | - |
© Statista 2019
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Source: Worldline (Belgium)
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by Raynor de Best,
last edited
Aug 9, 2019
Is MasterCard or VISA the most used payment card in Belgium? According to the number of processed payment transactions, neither is. In 2017, approximately 1.44 billion transactions were made using Bancontact. This payment scheme, which only exists in Belgium and uses debit cards from the country’s banks (such as the big banks BNP Paribas Fortis, Belfius and KBC) to pay for goods purchased either online or in a brick-and-mortar store, made up the majority of all processed payment transactions in the country. Bancontact also ranked as the country’s most used digital payment method in 2018.
Credit cards lead the way online…
Compared to the EMEA (Europe, the Middle East and Africa) region, Belgian customers made relatively more use of credit cards for e-commerce payments. A potential explanation for this could be that Belgian customers are more likely to buy something online from outside their country than other European customers. Cross-border purchases sometimes might require credit card payments, although some Dutch webshops (such as Bol.com and Coolblue) have started to add the Bancontact payment option to make their platforms more attractive for a Belgian audience.
… with debit cards being popular at retail points of sale.
In 2017, there were around 16.4 million payment cards issued with a debit function in Belgium. (ID 664879). This number is a decline in comparison to the previous year, for reasons that were not mentioned. These payments, however, were not likely to be contactless: in 2018, only four percent of POS payment transactions in Belgium were contactless. This was considerably less than the market shares of contactless payments in other European countries and the combined European average of 48 percent.
- Source
- Worldline (Belgium)
- Show further sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- June 2018
- Region
- Belgium
- Survey time period
- 2010 to 2017
- Supplementary notes
-
The data corresponds to code 0418.547.872 of the database.
Figures have been rounded.
The figures have been taken from several publications.
Source
- Source
- Worldline (Belgium)
- Show further sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- June 2018
More information
- Region
- Belgium
- Survey time period
- 2010 to 2017
- Supplementary notes
-
The data corresponds to code 0418.547.872 of the database.
Figures have been rounded.
The figures have been taken from several publications.
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Leading payment methods in online retail in Belgium 2015-2019
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Share of cash transactions at POS in Europe 2016, by country
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Number of e-money transactions in the European Union 2010-2017
+Banks & Financial Services
Number of direct debit transactions in Europe 2017, by country
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Payment methods in the Benelux
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Statistics on "Payment methods in the Benelux"
- Leading methods - online and offline
The most important statistics
- Share of cash transactions at POS (points of sale) in selected countries in Europe as of 2016Share of cash transactions at POS in Europe 2016, by country
- Leading payment methods for products or services purchased online in Belgium from 2015 to 2019*Leading payment methods in online retail in Belgium 2015-2019
- Distribution of payment methods used for e-commerce in Belgium in 2017, compared to the EMEA (Europe, the Middle East and Africa)Comparison between Belgium and the EMEA on e-commerce payment methods 2017
- Number of payments per capita in Luxembourg from 2010 to 2017, by type of payment serviceNumber of payments per capita in Luxembourg 2010-2017, by type of payment service
- Leading payment methods in Luxembourg as of January 2017*Leading payment methods in Luxembourg 2017
- Leading payment methods offered by online e-commerce retailers in the Netherlands in 2017Leading payment methods offered by online stores in the Netherlands 2017
- Distribution of total e-commerce payment transactions in the Netherlands in 2017, by payment methodDistribution total e-commerce transactions in the Netherlands 2017, by payment method
- Distribution of payment methods used for e-commerce in the Netherlands in 2017, compared to the EMEA (Europe, the Middle East and Africa)Comparison between the Netherlands and the EMEA on e-commerce payment methods 2017
- Cash money
The most important statistics
- Share of cash transactions at POS (points of sale) in selected countries in Europe as of 2016Share of cash transactions at POS in Europe 2016, by country
- When was the last time you used cash?*Frequency of use of cash money in the Benelux in 2017, by country
- Do you generally carry cash?*Share of respondents in the Benelux who indicate they rarely carry cash money in 2017
- Share of people using less physical cash than 12 months ago in Belgium, Luxembourg and the Netherlands (Benelux) in March 2016Share of people using less physical cash in the Benelux 2016
- Please indicate the level of security you believe you have when paying without cash/with cash*Sense of security of cash and non-cash payments in the Benelux in 2017, by country
- Average amount of carried cash in the Netherlands from 2010 to 2016, by age group (in euros)Average amount of carried cash in the Netherlands 2010-2016, by age group
- To what extent do you agree with the following: I find cash money to be unnecessary*Opinion of teenagers on cash money being unnecessary in the Netherlands in 2017
- To what extent do you agree with the following: I have a good overview of payments with cash money*Opinion of teenagers on payments with cash money in the Netherlands in 2017
- Card payments
The most important statistics
- Total card payments with cards issued by resident PSPs in Belgium, Luxembourg and the Netherlands (Benelux) from 2010 to 2017 (in millions)*Total card payments in the Benelux region 2010-2017
- Value of card payments as a ratio to GDP in Belgium, Luxembourg and the Netherlands (Benelux) from 2010 to 2017Value of card payments as a ratio to GDP in the Benelux region 2010-2017, by country
- Card payments in Belgium, Luxembourg, Netherlands (Benelux) as a percentage of total card payments in EU from 2013 to 2017Share of the Benelux of total card payments in EU 2013-2017
- Number of POS transactions per card with cards issued by resident PSPs in Belgium, Luxembourg and the Netherlands (Benelux) from 2010 to 2017Number of POS transactions per card in the Benelux region 2010-2017, by country
- Total number of payment cards issued with a debit function in Belgium from 2007 to 2017 (in 1,000s)Number of payment cards issued with a debit function in Belgium 2007-2017
- Total number of card payments with cards issued in Belgium from 2007 to 2017 (in millions)Number of card payments with cards issued in Belgium 2007-2017
- Total number of processed electronic payment transactions in Belgium from 2010 to 2017 (in millions)* Number of electronic payment transactions in Belgium 2010-2017
- Total number of processed payment transactions in Belgium from 2010 to 2017, by payment scheme (in millions)Bancontact, VISA/MasterCard and Maestro/V-Pay transactions in Belgium 2010-2017
- Direct debits
The most important statistics
- Total number of direct debit payments in selected European countries as of 2017 (in millions)Number of direct debit transactions in Europe 2017, by country
- Number of transactions in direct debits per capita in Belgium, Luxembourg and the Netherlands from 2010 to 2017Transactions direct debits per capita in the Benelux region 2010-2017, by country
- Value of transactions in direct debits in Belgium, Luxembourg and the Netherlands from 2010 to 2017 (in billion euros)Value transactions in direct debits in the Benelux region 2010-2017
- Total value of direct debit transactions in Belgium from 2007 to 2017 (in billion euros)Value of direct debit transactions in Belgium 2007-2017
- Total volume of direct debit transactions in Luxembourg from 2006 to 2017 (in millions)Total volume of direct debit transactions in Luxembourg 2006-2017
- Total number of direct debit payments in the Netherlands from 2010 to 2017 (in millions)Number of direct debit transactions in the Netherlands 2010-2017
- Which of the following methods do you prefer to use when you pay for a product you have bought online?Leading payment methods for online shopping in the Netherlands 2016-2018
- Total number of online payments with iDEAL in the Netherlands from 2006 to 2018Number of payments with iDEAL in the Netherlands 2006-2018
- E-money
The most important statistics
- Total number of e-money purchase transactions in the European Union from 2010 to 2017 (in millions)Number of e-money transactions in the European Union 2010-2017
- Total number of e-money payment transactions in selected European countries as of 2017 (in millions)*Number of e-money payments in Europe 2017
- Total number of payment cards issued with an e-money function in Belgium from 2007 to 2017 (in 1,000s)Number of payment cards issued with an e-money function in Belgium 2007-2017
- Total number of e-money purchase transactions in Luxembourg from 2009 to 2017 (in millions)Number of e-money transactions in Luxembourg 2009-2017
- Total number of e-money purchase transactions in the Netherlands from 2010 to 2017 (in millions)Number of e-money transactions in the Netherlands 2010-2017
- Transfers
The most important statistics
- Number of transactions in credit transfers per capita in Belgium, Luxembourg and the Netherlands from 2010 to 2017Transactions in credit transfers per capita in Benelux region 2010-2017, by country
- Value of credit transfers in Belgium, Luxembourg and the Netherlands from 2010 to 2017 (in billion euros)Value of credit transfers in the Benelux region 2010-2017, by country
- Value of transactions with checks in Belgium, Luxembourg and the Netherlands from 2010 to 2017 (in billion euros)Value of checks transactions in the Benelux region 2010-2017
- Total number of ATMs with a credit transfer function in Belgium from 2007 to 2017 (in 1,000s)Number of ATMs with a credit transfer function in Belgium 2007-2017
- Total value of credit transfers in Luxembourg from 2006 to 2017 (in billion euros)Total value of credit transfers in Luxembourg 2006-2017
- Total volume of credit transfers in Luxembourg from 2006 to 2017 (in millions)Total volume of credit transfers in Luxembourg 2006-2017
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Statistics on "Payment methods in the Benelux"
- Share of cash transactions at POS (points of sale) in selected countries in Europe as of 2016
- Leading payment methods for products or services purchased online in Belgium from 2015 to 2019*
- Distribution of payment methods used for e-commerce in Belgium in 2017, compared to the EMEA (Europe, the Middle East and Africa)
- Number of payments per capita in Luxembourg from 2010 to 2017, by type of payment service
- Leading payment methods in Luxembourg as of January 2017*
- Leading payment methods offered by online e-commerce retailers in the Netherlands in 2017
- Distribution of total e-commerce payment transactions in the Netherlands in 2017, by payment method
- Distribution of payment methods used for e-commerce in the Netherlands in 2017, compared to the EMEA (Europe, the Middle East and Africa)
- Distribution of payment methods used in selected retail environments and other purchase locations in the Netherlands in 2017
- Distribution of total retail payment transactions in the Netherlands from 2006 to 2017, by payment method*
- When was the last time you used cash?*
- Do you generally carry cash?*
- Share of people using less physical cash than 12 months ago in Belgium, Luxembourg and the Netherlands (Benelux) in March 2016
- Please indicate the level of security you believe you have when paying without cash/with cash*
- Average amount of carried cash in the Netherlands from 2010 to 2016, by age group (in euros)
- To what extent do you agree with the following: I find cash money to be unnecessary*
- To what extent do you agree with the following: I have a good overview of payments with cash money*
- To what extent do you agree with the following: "If it were up to me, I would go completely cashless"*
- Total card payments with cards issued by resident PSPs in Belgium, Luxembourg and the Netherlands (Benelux) from 2010 to 2017 (in millions)*
- Value of card payments as a ratio to GDP in Belgium, Luxembourg and the Netherlands (Benelux) from 2010 to 2017
- Card payments in Belgium, Luxembourg, Netherlands (Benelux) as a percentage of total card payments in EU from 2013 to 2017
- Number of POS transactions per card with cards issued by resident PSPs in Belgium, Luxembourg and the Netherlands (Benelux) from 2010 to 2017
- Total number of payment cards issued with a debit function in Belgium from 2007 to 2017 (in 1,000s)
- Total number of card payments with cards issued in Belgium from 2007 to 2017 (in millions)
- Total number of processed electronic payment transactions in Belgium from 2010 to 2017 (in millions)*
- Total number of processed payment transactions in Belgium from 2010 to 2017, by payment scheme (in millions)
- Market share of the leading payment card schemes in Belgium in 2016 and 2017
- Total number of credit card transactions in Luxembourg from 2006 to 2017 (in millions)*
- Number of payments per capita with cards issued by resident PSPs in Belgium, Luxembourg and the Netherlands (Benelux) from 2010 to 2017*
- Total revenue of credit card transactions for domestic payments in the Netherlands from 2005 to 2017 (in million euros)*
- Total number of transactions from credit cards for domestic payments in the Netherlands from 2005 to 2017 (in 1,000s)*
- Total number of transactions from Dutch credit cards for cross-border payments from 2005 to 2017 (in 1,000s)*
- Market share of the leading payment card schemes in the Netherlands in 2016 and 2017
- Total number of direct debit payments in selected European countries as of 2017 (in millions)
- Number of transactions in direct debits per capita in Belgium, Luxembourg and the Netherlands from 2010 to 2017
- Value of transactions in direct debits in Belgium, Luxembourg and the Netherlands from 2010 to 2017 (in billion euros)
- Total value of direct debit transactions in Belgium from 2007 to 2017 (in billion euros)
- Total volume of direct debit transactions in Luxembourg from 2006 to 2017 (in millions)
- Total number of direct debit payments in the Netherlands from 2010 to 2017 (in millions)
- Which of the following methods do you prefer to use when you pay for a product you have bought online?
- Total number of online payments with iDEAL in the Netherlands from 2006 to 2018
- Market share of online payment methods in the Netherlands from 2014 to 2018
- Total number of e-money purchase transactions in the European Union from 2010 to 2017 (in millions)
- Total number of e-money payment transactions in selected European countries as of 2017 (in millions)*
- Total number of payment cards issued with an e-money function in Belgium from 2007 to 2017 (in 1,000s)
- Total number of e-money purchase transactions in Luxembourg from 2009 to 2017 (in millions)
- Total number of e-money purchase transactions in the Netherlands from 2010 to 2017 (in millions)
- Number of transactions in credit transfers per capita in Belgium, Luxembourg and the Netherlands from 2010 to 2017
- Value of credit transfers in Belgium, Luxembourg and the Netherlands from 2010 to 2017 (in billion euros)
- Value of transactions with checks in Belgium, Luxembourg and the Netherlands from 2010 to 2017 (in billion euros)
- Total number of ATMs with a credit transfer function in Belgium from 2007 to 2017 (in 1,000s)
- Total value of credit transfers in Luxembourg from 2006 to 2017 (in billion euros)
- Total volume of credit transfers in Luxembourg from 2006 to 2017 (in millions)
- Leading Visa and MasterCard consumer debit card issuers in the United States in 2013, by purchase volume (in billion U.S. dollars)
- Number of Euro 6000 bank cards issued in Spain between 2012 and 2016, by card type (in 1,000s)
- Value of VISA and MasterCard transactions in the United Kingdom (UK) in 2015, by card type (in billion GBP)
- Volume of VISA and MasterCard payments in the United Kingdom in 2015, by card type (in millions)
- Volume of VISA and MasterCard in issue in the United Kingdom in 2015, by card type (in millions)
- Share of card brands used for point of sale (POS) and eCommerce (eCom) payments in Germany in 2017
- Share of card brands used for point of sale (POS) and eCommerce (eCom) payments in Russia in 2017
- Share of card brands used for point of sale (POS) and eCommerce (eCom) payments in Turkey in 2017
- Distribution of card brands used for point of sale (POS) and eCommerce (eCom) payments in the United Kingdom (UK) in 2017
- Market share of the leading payment card schemes in the United Kingdom (UK) as of November 2017
- Market share of the leading payment card schemes in Singapore in 2017
- Number of ServiRed bank cards issued in Spain between 2012 and 2016, by card type (in 1,000s)
- Market share of the leading payment card schemes in Malaysia in 2017
- Market share of leading payment card schemes in Indonesia in 2017
- Market share of the leading payment card schemes in Sweden as of November 2017
- Volume of Visa purchases in Latin America in 2015 and 2016 (in billion U.S. dollars)
- Total remuneration of Visa Europe directors from 2013 to 2015 (in million euros)
- Distribution of debit and ATM cards issued in Indonesia in 2016, by bank
- Value of debit card purchase transactions in the optical goods sector in the United Kingdom (UK) from October 2015 to October 2017 (in million GBP)
- Average amount spent per purchase transaction with Visa card in Europe from 2010 to 2015* (in euros)
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