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Top 10 Cashless Countries in Europe In 2021

April 7, 2020

Top 10 Cashless Countries in Europe In 2020 Header

Top 10 Cashless Countries in Europe In 2020

Atms Per 100,000 people

Top 10 Cashless Countries in Europe Methodology

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

CountriesShare of contactless payment transactions at POS (points of sale) in selected countries in Europe in 2018* (%)ATMs per 100,000 adults, 2018How many people would go Completely Cashless (%)Digital Competitiveness Ranking/Digital ReadinessDebit card ownership rate in European countriesTOTAL INDEX
Netherlands514123%699%9.4
Poland837140%3379%8.92
Czech Republic935736%3775%8.61
Hungary826144%4369%8.45
Spain5710637%2885%7.91
Italy509141%4185%7.65
Belgium48733%2594%7.09
United Kingdom4611621%1591%6.9
Germany1411830%1791%6.82
France259830%2485%6.78
Luxembourg2311728%2190%6.59
Austria5016927%2090%6.32
Romania707738%4649%6.2
Bulgaria49934569%4.44
Portugal31663483%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
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Filed Under: Data

Comments

  1. Dim Karkman says

    June 16, 2020 at 11:36 am

    Garbage!
    Where is Sweden, Europe’s most cashless country?

    Reply
  2. JJ says

    June 16, 2020 at 3:11 pm

    Odd to include in an analysis of cashlessness the prevalence of machines that dispense cash.

    Reply

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