Norges Bank Papers
Retail payment services 2016
- Series:
- Norges Bank Papers
- Number:
- 2/2017
The strong growth in payment card use continued in 2016. Growth in the use of international payment cards was particularly strong, reflecting a sharp increase in payments over the internet and in the use of mobile payment solutions. The average number of card transactions per inhabitant in 2016 was 417. The average value of card transactions was NOK 408. There was a further decline in the use of the cash
infrastructure, such as ATMs and cash-back.
Norges Bank Papers present the analyses and background supporting Norges Bank in the execution of its mandate.
ISSN 1894-0293 (online)