NORGES BANK MEMO DEVELOPMENTS IN RETAIL PAYMENT SERVICES - 213 CHARTS
Chart 1.1 Use of electronic payment instruments. Transactions in millions. 21 213 1 8 1 6 1 4 1 2 1 8 6 4 2 Debit and credit transfers (giros) Payment cards (goods purchases) 1 2 3 4 5 6 7 8 9 1 11 12 13 1 8 1 6 1 4 1 2 1 8 6 4 2
Chart 1.2 Use of electronic payment instruments. In billions of NOK. 21 213. 16 14 12 1 8 6 4 2 Debit and credit transfers (giros). Lefthand scale Debit and credit transfers. Deflated by nominal GDP. Left-hand scale Payment cards (goods purchases). Right-hand scale Payment cards. Deflated by nominal GDP. Right-hand scale 1 2 3 4 5 6 7 8 9 1 11 12 13 1 6 1 4 1 2 1 8 6 4 2
Chart 1.3 Debet and credit transfers by retail customers. Transactions in millions. 21 213 3 Online banking Mobile banking 3 25 Direct debit (AvtaleGiro) Telegiro Postal giro 25 2 2 15 15 1 1 5 5 1 2 3 4 5 6 7 8 9 1 11 12 13
Chart 1.4 Card transactions per inhabitant per year and value per card transaction. 21 213 8 7 6 Number of card transactions per inhabitant per year Value per card transaction in NOK 8 7 6 5 5 4 4 3 3 2 2 1 1 1 2 3 4 5 6 7 8 9 1 11 12 13
Chart 1.5. Number of Norwegian payment cards issued. In thousands of NOK. 21 213 14 14 12 12 1 1 8 8 6 6 4 4 2 2 1 2 3 4 5 6 7 8 9 1 11 12 13
Chart 1.6 Use of Norwegian payment cards 1. Transactions in millions. 21 213 1 8 18 1 6 1 4 1 2 1 8 6 4 2 Domestic credit cards International payment cards BankAxept cards 16 14 12 1 8 6 4 2 1 2 3 4 5 6 7 8 9 1 11 12 13 1 Payment cards issued in Norway.
Chart 1.7 Use of Norwegian payment cards by function and issuer. Transactions in percent of total number of transactions. 21 213 1 9 8 1 9 8 7 6 5 4 3 2 1 Billing functions ( payment cards issued by international card companies) Credit cards issued by international card companies Domestic credit cards Debit cards issued by international card companies BankAxept (debit) 7 6 5 4 3 2 1 1 2 3 4 5 6 7 8 9 1 11 12 13
Chart 1.8 Internet purchases with Norwegian payment cards. 27 213 1 1 9 8 7 6 5 4 Transactions in millions Internet purchases in Norway Internet purchases abroad Value in billions of NOK 9 8 7 6 5 4 3 3 2 2 1 1 7 8 9 1 11 12 13 7 8 9 1 11 12 13
Chart 1.9 Internet purchases with Norwegian payment cards. Percentage of total purchases of goods. 27 213 1 9 8 7 6 5 4 3 2 1 Percentage of total transactions Percentage of total value 7 8 9 1 11 12 13 1 9 8 7 6 5 4 3 2 1
Chart 1.1 Use of Norwegian payment cards abroad. Transactions in millions. 21 213 25 25 2 15 Goods purchases Cash withdrawals 2 15 1 1 5 5 1 2 3 4 5 6 7 8 9 1 11 12 13
Chart 1.11 Number of card transactions per inhabitant. Payments and cash withdrawals. 212 Iceland Norway Norway US Canada Denmark Finland Sweden UK Netherlands Belgium Switzerland Ireland Singapore Germany Poland 213 212 5 1 15 2 25 3 35 4 45 5 Sources: Norges Bank, ESB, BIS/CPSS and Sedlabanki Islands
Chart 1.12 Cash withdrawals from ATMs and POS terminals 1. 21 213 2 18 16 14 12 1 8 6 4 2 ATMs. Transactions in millions POS terminals. Transactions in millions ATMs. Value in billions of NOK POS terminals. Value in billions of NOK 1 2 3 4 5 6 7 8 9 1 11 12 13 1 The figures for POS cash withdrawals up to 26 are estimated by Nets (previously BBS) and Norges Bank. From 26 the figures include only registered withdrawals. 2 18 16 14 12 1 8 6 4 2
Chart 1.13 Number of payment terminals and ATMs per one thousand inhabitants. 21 212 3,75 25 2,5 15 1 POS terminals (left-hand scale) ATMs (right-hand scale),25 5 1 2 3 4 5 6 7 8 9 1 11 12 13,
Chart 1.14 Use of POS terminals and ATMs per year. 21 213 6 12 5 1 4 8 3 2 Withdrawals per ATM (left-hand scale) Payments per POS terminal (right-hand scale) 6 4 1 2 1 2 3 4 5 6 7 8 9 1 11 12 13
Chart 1.15 Value of cash in circulation as a share of means of payment (M1), household consumption and mainland GDP. Percent. 21 213 14 14 12 1 As a share of M1 12 1 8 6 As a share of household consumption 8 6 4 2 As a share of mainland GDP 4 2 1 2 3 4 5 6 7 8 9 1 11 12 13 Sources: Statistisk sentralbyrå and Norges Bank
Chart 1.16 Cash as a share of means of payments (M1) in selected countries. Percent. 212 US Hong Kong Singapore Euro area Japan Switzerland Canada Iceland Denmark Norway Sweden UK 5 1 15 2 25 3 35 4 45 5 55 Sources: Norges Bank, ESB, BIS/CPSS and Sedlabanki Islands
Chart 2.1 Bank s income from payment services and net interest and commision. In billions of NOK. 26 213 8 7 6 5 4 3 2 1 26 27 28 29 21 211 212 213 Sources: Statistisk sentralbyrå og Norges Bank 8 7 6 5 4 3 2 1 Other Standing orders Cards Giros (electronic) Giros (paper) Cheques Net interest and commision income (right-hand scale)