Developments in Retail Payment Services – 2015

Abstract

The strong growth in payment card use continued in 2015. The average number of card transactions per inhabitant in 2015 was 391. Payments abroad and over the internet represent a rising share of total payments. This contributed to faster growth in the use of international cards than in the use of BankAxept. Reduced ATM and point-of-sale (POS) withdrawals indicate that cash is becoming less and less widely used in Norway.