Payment intermediation

15. September

August 2023

Total turnover of domestic payment cards amounted to 125.7 b.kr. in August 2023, where the total turnover of debit cards was 51.4 b.kr. and the turnover of credit cards was 65.3 b.kr.

Domestic turnover of payment cards in Icelandic retail outlets amounted to 91.6 b.kr. in August, an increase by 5.4 b.kr. compared to August 2022. This turnover comprised of 41.1 b.kr. debit card turnover and of 50.6 b.kr. turnover of credit cards respectively.
Turnover of domestic payment cards in retail outlets abroad amounted to 22.3 b.kr. in August 2023, an increase of 0,3 b.kr. compared to same month in 2022.

Total turnover of foreign payment cards in Iceland was 42.8 b.kr. in August 2023, which is an increase of 4.2 b.kr. compared to August 2022.

Please note that the figures for last July have been updated.

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.




Supervisor: IT & Statistics | support@sedlabanki.is