Friday, July 14, 2006

Increase in use of debitcard for Dutch low value payments

Het Financieele Dagblad reports (login required) that the Dutch increasingly use the debit-card instead of cash for lower value payments:
- one out of ten payment between 0-5 euro (increase of 66 %)
- one out of four payments between 5-10 euro (increase of 35 %).

Cash is really on the way out, although slowly.