Payments in Belgium
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Statista Dossier on cash payments, debit and credit cards, online and mobile payment methods in Belgium
Payment methods and payment preferences differ per country in Europe, and Belgium is no exception. The country is home to a popular domestic card payment scheme that is used in no other country, but also has one of Europe's lowest penetration rates when it comes to contactless payments. This dossier looks at payments methods consumers have at their disposal in Belgium, and is meant to answer questions like "do Belgian consumers prefer to pay for their offline retail purchases with cash money?" or "do Belgians use credit cards whilst shopping online?".
This Dossier looks at both offline and online payments. Belgium is unique, though, in that it has a domestic payment method that can be used in both situations: Bancontact (first called "Mr Cash"). This system uses debit cards from over 20 Belgian banks. In early 2019, Bancontact merged with payment app Payconiq to become "Payconiq by Bancontact". No numbers were available (yet) on this new service, hence Payconiq and Bancontact are mentioned separately in this dossier.
The dossier cannot answer questions about Samsung Pay, Venmo or Swish in Belgium, as none of these payment services are present in the country. Both Apple Pay and Google Pay are available in the country.
This Dossier looks at both offline and online payments. Belgium is unique, though, in that it has a domestic payment method that can be used in both situations: Bancontact (first called "Mr Cash"). This system uses debit cards from over 20 Belgian banks. In early 2019, Bancontact merged with payment app Payconiq to become "Payconiq by Bancontact". No numbers were available (yet) on this new service, hence Payconiq and Bancontact are mentioned separately in this dossier.
The dossier cannot answer questions about Samsung Pay, Venmo or Swish in Belgium, as none of these payment services are present in the country. Both Apple Pay and Google Pay are available in the country.
