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Payment intermediation in February 2024

Total turnover of domestic payment cards amounted to 103.8 b.kr. in February 2024, where the total turnover of debit cards was 43,0 b.kr. and the turnover of credit cards was 60.8 b.kr.

Domestic turnover of payment cards in Icelandic retail outlets amounted to 79.8 b.kr. in February, an increase by 4.0 b.kr. compared to February 2023. This turnover comprised of 34.4 b.kr. debit cards turnover and of 45.4 b.kr. turnover of credit cards respectively. Turnover of domestic payment cards in retail outlets abroad amounted to 21.6 b.kr. in February 2024, which is 1.7 b.kr. higher turnover compared to February 2023.

Total turnover of foreign payment cards in Iceland was 18.7 b.kr. in February 2024, almost the same as it was in February last year.

Payment intermediation data is based on information from Icelandic payment intermediation companies.
Please note that data on turnover of domestic debit cards in banks and ATMs and turnover of credit cards per. billing period, is excluded from Sept. 2020 and onwards.

Inquiries can be sent to adstod@sedlabanki.is