Credit card transaction volume in Luxembourg 2006-2020

Published by
Raynor de Best,
Oct 25, 2022
In 2020, residents from Luxembourg made more approximately 100 million credit card transactions, both domestic as well as abroad. This is an increase from the the roughly 98.6 million transactions reached in the previous year and the highest volume reached since 2006. Additionally, credit cards overtook the transaction volume of debit cards for the first time, indicating an increasing popularity in their use.

Total number of credit card transactions in Luxembourg from 2006 to 2020 (in millions)

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Source

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Release date

February 2022

Region

Luxembourg

Survey time period

2006 to 2020

Supplementary notes

According to the source, the numbers listed consist of "payments in Luxembourg and abroad, using bank credit cards issued in Luxembourg. Transactions with prepaid cards are included. Withdrawals at ATMs are excluded." (in French: "paiements effectués au Luxembourg et à l’étranger avec des cartes bancaires de crédit émises au Luxembourg. Cartes prépayées inclues. Retraits aux DAB/GAB exclus."). Additionally, the source also mentions that "until 2009, data are based on the main technical operator. Starting 2009, data from other significant operators are included." (in French: "jusque 2009, les données proviennent de l’opérateur technique le plus représentatif sur le marché. A partir de 2009, les données d'autres acteurs significatifs sont inclus.")

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