Payment intermediation

16. August

July 2024

Total turnover of domestic payment cards amounted to 134.5 b.kr. in July 2024, where the total turnover of debit cards was 61.0 b.kr. and the turnover of credit cards was 73.5 b.kr.

Domestic turnover of payment cards in Icelandic retail outlets amounted to 101.2 b.kr. in July, an increase by 5.1 b.kr. compared to July 2023. This turnover comprised of 45.9 b.kr. debit cards turnover and of 55.3 b.kr. turnover of credit cards respectively. Turnover of domestic payment cards in retail outlets abroad amounted to 30.4 b.kr. in July 2024, which is 3.4 b.kr. higher turnover compared to July 2023.

Total turnover of foreign payment cards in Iceland was 47.5 b.kr. in July 2024, which is 2.5 b.kr. lower turnover compared to July 2023.


Please note that data from January 2023 has been updated. The update is due to an increase in the number of organizations that submit statistical reports on payment intermediation. See further information.


Supervisor: Data Management | support@sedlabanki.is