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Number of payments by cards with a debit function in Belgium rises in 2016

In comparison to the previous year the variable went up by 6.56%, according to data issued by Bank for International Settlements. Debit card payments number climbed by 88.71 millions, as it follows the tendency of the prior year when it increased by 0.22%. It's the highest record ever established since 2007. The overall changes for the previous 10 years reached a rise of 88.6%. Besides, it has attained a 0.06% compound annual growth rate during the five years with a negligible overall growth since the 2007. It averaged 1 084.35 millions from 2007 to 2016 and it attained its minimum of 764.16 millions in 2007.

Number of payments by cards with a debit function in Belgium rises in 2016
Date Millions Variation
2016 1 441.24 6.56
2015 1 352.53 0.22
2014 1 349.52 15.49
2013 1 168.56 7.44
2012 1 087.60 6.57
2011 1 020.57 7.89
2010 945.90 6.86
2009 885.20 6.89
2008 828.17 8.38
2007 764.16 N/A

Related Statistics

Debit Card Transaction in other Countries

Main Debit Card Indicators

  • Debit Card Transaction

    Value (million or billion US Dollars or any other national currency) or volume (number of transactions) of payment transactions performed with debit cards, i.e. cards which enable the holder to have purchases directly charged to funds on his/her account at a bank (may sometimes be combined with another function, such as that of a cash card or cheque guarantee card). Based on: Bank for International Settlements.

  • Direct Debit Transaction

    Value (million or billion US Dollars or any other national currency) or volume (number of transactions) of direct debit transactions, i.e. preauthorised debits, possibly recurrent, of the payer' account by the payee. Both one-off and recurrent direct debits are included. In the case of recurrent direct debits, each individual payment is counted as one transaction. Payments are counted on the payee' side. Cash payments out of the account using a bank form are not included. Based on: Bank for International Settlements.

  • Number Of Debit Card

    Number of debit cards in circulation, not the number of accounts to which the cards are linked. Debit cards are understood as cards which enable the holder to have purchases directly charged to funds on his/her account at a bank (may sometimes be combined with another function, such as that of a cash card or cheque guarantee card). Based on: Bank for International Settlements.