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Payment intermediation in June 2024

Total turnover of domestic payment cards amounted to 122.4 b.kr. in June 2024, where the total turnover of debit cards was 52.7 b.kr. and the turnover of credit cards was 69.7 b.kr.

Domestic turnover of payment cards in Icelandic retail outlets amounted to 93. b.kr. in June, an increase by 1.2 b.kr. compared to June 2023. This turnover comprised of 41.5 b.kr. debit cards turnover and of 51.8 b.kr. turnover of credit cards respectively. Turnover of domestic payment cards in retail outlets abroad amounted to 26.3 b.kr. in June 2024, which is 1.3 b.kr. higher turnover compared to June 2023.

Total turnover of foreign payment cards in Iceland was 31.6 b.kr. in June 2024, which is 5.1 b.kr. lower turnover compared to June 2023.

Please note that turnover of domestic credit cards in ATMs abroad in May 2024 has been corrected downward by 2.5 b.kr.

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