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Payment Card Yearbook - Belgium 2018/2019 - Product Image

Payment Card Yearbook - Belgium 2018/2019

  • ID: 4831654
  • Report
  • Region: Belgium
  • Payments Cards and Mobile
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Payment Organisations

  • Bancontact Payconiq Company.

Domestic Payment Brands

  • Bancontact debit cards, mostly co-badged Maestro.
  • Payconiq, the Belgian mobile payment app operator.

Market Structure

  • In March 2018, the domestic card scheme Bancontact merged with the mobile payment app operator, Payconiq.
  • From 2011, most Belgian banks restrict the use of the Maestro function on Bancontact cards to Europe (geo-blocking).
  • Debit cards dominate the market, accounting for 86.6% of card payments in 2017. Credit card use is under-developed.
  • KBC Bank Group has developed a substantial retail banking network in the CEE region, but made divestments in 2011-13.
  • Belfius Bank (previously Dexia Bank) is state-owned.
  • Emerging Open Banking ecosystem.

Notable Market Trends

  • Contactless Bancontact rollout, mobile HCE NFC Bancontact app, Payconiq, Mybank, MasterPass, HCE NFC payments.

Statistical Key Figures for 2017 provided in this profile:

  • UPDATED: tables with card business data 2013-2017; growth rates: Y-o-Y, CAGR
  • Population, Cards per Capita, Card Value per Capita
  • Debit Cards, Credit/Delayed Debit Cards, Total Cards
  • Card payments by number and by value, ATV per card, payments per card/year
  • ATMs, POS terminals, ATMs/POS terminals per 1 million capita
  • ATM withdrawals by number/by value, ATV per withdrawal, TXs per ATM/month
  • POS payments by number/by value, ATV per POS payment, TXs per POS/month
  • Internet Use, e-payment mix, B2C e-Commerce by value and growth rate
  • Issued Card brands by individual major issuer bank
  • Accepted card brands by individual major acquirer
  • Drill down into the debit card use and credit cards use details
Note: Product cover images may vary from those shown
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  • Bancontact Payconiq Company
  • Belfius
  • KBC Bank
Note: Product cover images may vary from those shown