Share of cash payments at points of sale dropped to 37%
In 2018, the number of cash payments which Dutch consumers made in shops, bars, restaurants, hotels, petrol stations, market stalls and to service providers fell from 2.74 billion (worth EUR 35 billion) to 2.53 billion (worth EUR 34 billion). Conversely, debit card payments went up from 3.84 billion (worth EUR 101 billion) to 4.28 billion (worth EUR 108 billion). The rise in debit card transactions is partly attributable to the more widespread use of contactless payment options in bars, restaurants and hotels, as well as in market stalls. The increase is most pronounced for amounts up to EUR 5. By contrast, payments from EUR 50 upwards show hardly any change.