€5.88 billions credit card usage by Norwegian

January 4, 2010

There are 10,629,000 payment cards(credit cards and debit cards) issued in Norway as at 31st December 2008. This translate into 2.25 cards per capita in Norway, only second to United Kingdom 2.44 cards per capita in Europe.

There are 4,338,000 credit cards in Norway as at 31st December 2008, recording 56.50 million transactions with a total value of €5.88 billions during the period.

Interestingly, even though the number of credit cards in Norway increased by about 1% in 2008, the number of transactions and the total value showing a growth rate of about 15%.

Go here for more info on norge kredittkort, where you can find latest update, news ans statistics on payment cards in Norway.