Payment intermediation

16. March

February 2023

Total turnover of domestic payment cards amounted to 97.0 b.kr. in February 2023, where the total turnover of debit cards was 41.4 b.kr. and the turnover of credit cards was 55.6 b.kr.

Domestic turnover of payment cards in Icelandic retail outlets amounted to 74.9 b.kr. in February, an increase by 9.2 b.kr. compared to February 2022. This turnover comprised of 33.7 b.kr. debit card turnover and of 41.1 b.kr. turnover of credit cards. Turnover of payment cards in retail outlets abroad amounted to 19.7 b.kr. in February 2023, an increase of 5.0 b.kr. compared to same month in 2022.

Total turnover of foreign payment cards in Iceland was 18.8 b.kr. in February 2023, which is an increase of 8.3 b.kr. compared to February in 2022.

Payment intermediation data is based on information from Icelandic credit card 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.



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