Data on Italy’s digital payments industry

Data on Italy’s digital payments industry

1. About 1 million people in Italy are using mobile payments, with an average transaction volume of 500 euros per person per year;

2. In 2018, the total transaction volume of payments made through Satispay reached 100 million euros, accounting for 60% of the total mobile payment transaction volume;

3. In 2018, the total transaction volume of credit card and digital payments in Italy was 240 billion euros, with a total of 4.2 billion transactions;

4. Digital payments in Italy are expected to exceed 125 billion euros in 2021;

5. Italians spent 90 million euros on shared cars and bikes, 35 million euros on parking fees, and 15 million euros on bus or subway tickets.

<<:  NRF: U.S. retail sales expected to exceed $3.8 trillion in 2019

>>:  SIMMONS: Retail Consumer Report 2019

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