Payment intermediation

16. April

March 2024

Total turnover of domestic payment cards amounted to 112.9 b.kr. in March 2024, where the total turnover of debit cards was 48,3 b.kr. and the turnover of credit cards was 64.6 b.kr.

Domestic turnover of payment cards in Icelandic retail outlets amounted to 85.7 b.kr. in March, an increase by 1.4 b.kr. compared to March 2023. This turnover comprised of 37.9 b.kr. debit cards turnover and of 47.8 b.kr. turnover of credit cards respectively.
Turnover of domestic payment cards in retail outlets abroad amounted to 24.3 b.kr. in March 2024, which is 2.5 b.kr. higher turnover compared to March 2023.

Total turnover of foreign payment cards in Iceland was 23.0 b.kr. in March 2024, which is 0.7 b.kr. higher turnover compared to March 2023.

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: Data Management | support@sedlabanki.is