More card payments made in October-December 2024 than in the same period a year earlier
More card payments made in October-December than before. In the fourth quarter of 2024, customers made more contactless payments than before and in larger amounts on average than in the corresponding period a year earlier. On average, customers make smaller purchases with contactless payments than with other card payments.
In the fourth quarter of 2024, Finnish payment cards were used to make a total of 616 million card payments, representing an increase of 5% year-on-year. In the fourth quarter of 2024, the value of customers’ card payments totalled EUR 18.9 billion, which was EUR 643 million more than in the corresponding period a year earlier. However, the total value of card payments declined 3% from July-September. Consumers usually spend more money in the summer than in the fourth quarter.
In the fourth quarter of 2024, customers made more contactless payments than before and in larger amounts on average than in the corresponding period a year earlier. Customers of Finnish banks and other payment institutions made contactless payments amounting to EUR 7.1 billion in the fourth quarter of 2024. The total value of contactless payments grew by EUR 1.2 billion (21%) from the last quarter of 2023. In the fourth quarter, a total of 382 million card payments were made using the contactless feature, which was 7% more than in the fourth quarter of 2023. Over 60% of card payments were made with the contactless feature. On average, customers make smaller purchases with contactless payments than with other card payments.
In remote card payments, a debit or credit card is not inserted into a payment terminal at a point of sale. Examples of remote card payments include monthly recurring card payments or online card payments. In the fourth quarter of 2024, a total of 120 million payments were made as remote card payments, which was 22% more than in the same period a year earlier.[1] The aggregate value of remote card payments (EUR 4.6 billion) grew 18% year-on-year.
The aggregate value of card transactions made in other euro area countries using Finnish payment cards in the fourth quarter of 2024 was EUR 1.6 billion, 16% more than in the fourth quarter a year earlier. The aggregate value of card transactions made using Finnish payment cards outside the EU was EUR 0.4 billion.
The figures discussed in this news release have been published in the new payment statistics dashboard.
The next quarterly news release on payment statistics will be published at 10 a.m. on 12 June 2025.
Further information
- Usva Topo, tel. +358 9 183 2056, email: usva.topo(at)bof.fi.
- Olli Tuomikoski, tel. +358 9 183 2925, email: olli.tuomikoski(at)bof.fi.
[1] Only includes electronic remote card payments. A majority of remote card payments are classified as electronic remote card payments.
Links
Bank of Finland
The Bank of Finland is the national monetary authority and central bank of Finland. At the same time, it is also a part of the Eurosystem, which is responsible for monetary policy and other central bank tasks in the euro area and administers use of the world’s second largest currency – the euro.
Alternative languages
Subscribe to releases from Suomen Pankki
Subscribe to all the latest releases from Suomen Pankki by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Suomen Pankki
Marja Nykänen utnämnd till medordförande i Finansiella stabilitetsrådets regionala konsultativa grupp för Europa1.7.2025 17:00:00 EEST | Pressmeddelande
Utnämningen stärker Finlands aktiva roll som främjare av global finansiell stabilitet.
Marja Nykänen nimitetty kansainvälisen rahoitusvakausneuvoston Euroopan alueellisen ryhmän toiseksi puheenjohtajaksi1.7.2025 17:00:00 EEST | Tiedote
Nimitys vahvistaa Suomen aktiivista roolia kansainvälisen rahoitusvakauden edistäjänä.
Marja Nykänen appointed as Co-Chair of Financial Stability Board’s Regional Consultative Group for Europe1.7.2025 17:00:00 EEST | Press release
This appointment reinforces Finland’s active role in fostering international financial stability.
Hushållen har mycket konsumtionskrediter – tillväxttakten har mattats av1.7.2025 10:00:00 EEST | Pressmeddelande
I maj 2025 uppgick det utestående beloppet av konsumtionskrediter som banker med verksamhet i Finland beviljat hushåll till 17,6 miljarder euro och utlåningen minskade med −0,7 % från året innan. Minskningen i det utestående beloppet av konsumtionskrediter är en följd av att utnyttjandet av konto- och kortkrediter och utbetalningarna av konsumtionskrediter utan säkerhet har minskat. Konsumtionskrediter beviljade av banker står för 63 % av hushållens totala utestående konsumtionskrediter. I maj 2025 minskade hushållens utestående kortkrediter[1] (3,6 miljarder euro) med −1,0[2] jämfört med ett år tidigare, då de utestående kortkrediterna vid motsvarande tidpunkt året innan ökade med nästan 6 %. Vid utgången av maj var 19 % av kortkrediterna räntefri betaltidskredit och 81 % äkta kortkrediter, dvs. kortkredit med ränta. I januari–maj 2025 utbetalades från bankerna 9 % mindre sedvanliga konsumtionskrediter utan säkerhet[3] jämfört med motsvarande tidpunkt ett år tidigare. Också det utestå
Kotitalouksilla runsaasti kulutusluottoja –kasvuvauhti hidastunut1.7.2025 10:00:00 EEST | Tiedote
Toukokuussa 2025 Suomessa toimivien pankkien kotitalouksille myöntämien kulutusluottojen kanta oli 17,6 mrd. euroa ja se supistui vuodentakaisesta −0,7 %. Kulutusluottokannan supistumiseen vaikuttavat tili- ja korttiluottojen vähentynyt käyttö ja vähäisemmät vakuudettomien kulutusluottojen nostomäärät. Pankkien myöntämät kulutusluotot kattavat 63 % kotitalouksien kokonaiskulutusluottokannasta. Toukokuussa 2025 kotitalouksien korttiluottokanta[1] (3,6 mrd. euroa) supistui −1,0 %[2] vuodentakaiseen verrattuna, kun vuosi sitten vastaavana aikana korttiluottokanta kasvoi lähes 6 prosentin vauhdilla. Toukokuun lopussa korttiluotoista 19 % oli korotonta maksuaikaluottoa ja 81 % pidennettyjä korttiluottoja eli korollista korttiluottoa. Tavanomaisia vakuudettomia kulutusluottoja[3] nostettiin pankeista tammi-toukokuun 2025 aikana 9 % vähemmän kuin vuosi sitten vastaavana aikana. Myös vakuudettomien kulutusluottojen kanta supistui toukokuussa. Suomessa toimivien pankkien myöntämistä kulutusluot
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom