Payments in the Netherlands: Dutch Moving Towards a Truly Cashless Society

03 Nov, 2020 . 4 minutes

The Netherlands population is 17.1 million with around 22.5 billion euros in ecommerce market value. Debit and credit cards dominate and showed a 10 percent annual growth at the end of 2019.

Debit card transactions have risen from 4.28 billion transactions totaling 108 billion euros in 2018 to 4.70 billion transactions worth 116 billion euros in 2019. Meanwhile, credit card transactions numbered 34.3 million worth 3.21 billion euros in 2018 and grew to 38.4 million transactions worth 3.34 billion euros in the same period.

Consumers are increasingly using contactless card payments. By the end of 2019 the use of contactless payments with debit cards and credit cards had increased from 2.25 billion transactions worth 33 billion euros in 2018 into 3.04 billion transactions worth 51.3 billion euros. The Dutch expect the growth of cashless payment to continue this year.

Sign up for the newsletter

By submitting this form, you acknowledge that you have reviewed the terms of our Privacy Statement and consent to the use of data in accordance therewith.

The APEXX Payment Orchestration Platform is the last integration you will ever need

Lowest cost
We structure ourselves to operate in the most efficient way. We are not an additional cost as we take the place of the payment gateway.
Lead in Orchestration
We enhance the payment experience by driving up acceptance rates thereby reducing friction and lost sales for our Merchants.
Excellent Customer Support
The APEXX Payment Orchestration Platform is architected to the highest industry standards of security and support ensuring that our merchants have the best protection and support access at all times.