Central Banking

Danes claim top spot for EU card payments

Danish people use cards more than any other European Union nation

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Danes are some of the most enthusiastic adopters of electronic payments in Europe, and use cards more than any other European Union nation, according to a report published today (March 30) by the National Bank of Denmark.

Card payments now account for around 80% of all retail turnover in Denmark, with cash making up most of the remaining 20%. Cheque usage has all but disappeared.

Denmark leads the European Commission’s Digital Economy and Society Index for 2017, followed closely by Finland

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