Payment intermediation

16. March

February 2021

Total turnover of domestic payment cards amounted to 72.8 b.kr., in February 2021, an increase of 0,1% from the month before. Total turnover of debit cards was 34.3 b.kr and of credit cards was 38.5 b.kr. Average turnover per day was 2.6 b.kr., an increase of 10,8% between months.

Domestic turnover of payment cards in Icelandic retail outlets amounted to 63.4 b.kr., a 6.0 b.kr. increase from the year before. The turnover comprised of a 31.0 b.kr. debit card turnover and a 32.4 b.kr. turnover of credit cards. Turnover of payment cards in retail outlets abroad amounted to 7.7 b.kr., a 4.7 b.kr. decrease between years.

Total turnover of foreign payment cards in Iceland in February 2021 amounted to 1.4 b.kr., a decrease of 12.8 b.kr. from the year before.


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

Supervisor: IT & Statistics | fjarmalamarkadir@sedlabanki.is