Which countries are leading the cash-free future in Europe? Have a look at this 2020 guide into card usage, atms and other cashless payment options.
The Data
| Countries | Share of contactless payment transactions at POS (points of sale) in selected countries in Europe in 2018* (%) | ATMs per 100,000 adults, 2018 | How many people would go Completely Cashless (%) | Digital Competitiveness Ranking/Digital Readiness | Debit card ownership rate in European countries | TOTAL INDEX |
|---|---|---|---|---|---|---|
| Netherlands | 51 | 41 | 23% | 6 | 99% | 9.4 |
| Poland | 83 | 71 | 40% | 33 | 79% | 8.92 |
| Czech Republic | 93 | 57 | 36% | 37 | 75% | 8.61 |
| Hungary | 82 | 61 | 44% | 43 | 69% | 8.45 |
| Spain | 57 | 106 | 37% | 28 | 85% | 7.91 |
| Italy | 50 | 91 | 41% | 41 | 85% | 7.65 |
| Belgium | 4 | 87 | 33% | 25 | 94% | 7.09 |
| United Kingdom | 46 | 116 | 21% | 15 | 91% | 6.9 |
| Germany | 14 | 118 | 30% | 17 | 91% | 6.82 |
| France | 25 | 98 | 30% | 24 | 85% | 6.78 |
| Luxembourg | 23 | 117 | 28% | 21 | 90% | 6.59 |
| Austria | 50 | 169 | 27% | 20 | 90% | 6.32 |
| Romania | 70 | 77 | 38% | 46 | 49% | 6.2 |
| Bulgaria | 49 | 93 | 45 | 69% | 4.44 | |
| Portugal | 3 | 166 | 34 | 83% | 3.26 |
Sources:
- https://www.imd.org/wcc/world-competitiveness-center-rankings/world-digital-competitiveness-rankings-2019/
- https://www.theglobaleconomy.com/rankings/ATM_machines/
- https://data.worldbank.org/indicator/FB.ATM.TOTL.P5
- https://www.statista.com/statistics/968803/debit-card-ownership-rate-european-countries/
- https://www.theglobaleconomy.com/rankings/people_with_debit_cards/
- https://www.statista.com/statistics/946228/contactless-payments-market-share-at-pos-in-europe-by-country/
- https://www.spglobal.com/marketintelligence/en/news-insights/trending/ZPGL_lXdNsznMrKGvNsetQ2
- https://usa.visa.com/dam/VCOM/global/visa-everywhere/documents/visa-cashless-cities-report.pdf
Dim Karkman says
Garbage!
Where is Sweden, Europe’s most cashless country?
JJ says
Odd to include in an analysis of cashlessness the prevalence of machines that dispense cash.