Payment intermediation

15. September

August 2021

Total turnover of domestic payment cards amounted to 93.3 b.kr., in August 2021, an increase of 6% from the month before. Total turnover of debit cards was 44.1 b.kr and of credit cards was 49.2 b.kr. Average turnover per day was 3 b.kr., an decrease of 8,4% between months.

Domestic turnover of payment cards in Icelandic retail outlets in August 2021 amounted to 77.2 b.kr., a 5.7 b.kr. increase from the year before. The turnover comprised of a 37.7 b.kr. debit card turnover and a 39.5 b.kr. turnover of credit cards. Turnover of payment cards in retail outlets abroad amounted to 13.8 b.kr., an decrease of 15 m.kr. from the previous month and a 5.1 b.kr. increase between years.

Total turnover of foreign payment cards in Iceland in August 2021 amounted to 25.2 b.kr., an increase of 1.6 b.kr. from the month before and an increase of 15.9 b.kr. compared to the same month 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