Europe · GDP rank #25

Belgium

BE · EUR @ 1.1595/USD

Belgium runs on a single domestic debit scheme. Bancontact carried 2.5 billion transactions in 2024 — roughly nine in ten POS card swipes — and Payconiq sits on top of it for mobile. SEPA Instant adoption is among the highest in the euro area on the back of the EU Instant Payments Regulation, and the EPI/Wero retail rollout reached Belgium in March 2026. The interesting questions are about acquirer economics and Wero acceptance, not about whether cards or instant will win.

Tab 02

Consumer payments

How consumers actually pay: the share of cash, the stock and flow of cards, the scheme split at checkout, which mobile wallets matter, and how broadly POS acceptance reaches.

Every figure is authored against a named publisher — click the anywhere to open the source panel with the underlying URL and access date.

Cash share of POS volume

39%

% · 2024

Debit card share

47%

% · 2024

Credit card share

6%

% · 2024

Mobile wallet share

~22%

% · 2024

Roughly one in five Bancontact transactions is now initiated from a mobile device.

Payment mix

At the point of sale

The shares below are POS volume (count of transactions), which reads differently from POS value. For the value-share read, see the card-economy grid underneath.

39%Cash

Share of POS

  • Cash39%
  • Credit card6%
  • Debit card47%
  • Instant / A2A3%
  • Mobile wallet~22%
  • BNPL8%
  • Other5%

Cash behaviour

ATM network
5,950
Avg. ATM withdrawal
€140
Cash share · value
23%
Cash share · volume
39%

Source · Batopin / NBB

Scheme share

Which networks clear the card volume

Scheme share is the split of general-purpose card purchase volume — not issuance, not count of cards. A high domestic share (e.g. UnionPay, RuPay, ELO) means a large share of card flow never touches a global scheme.

Domestic debit scheme; co-badged with Maestro historically, now with Debit Mastercard since Maestro sunset 2023.

Share of card volume

  • Visa8%
  • Mastercard5%
  • Amex1%
  • Other1%
  • Domestic Scheme85%

Bancontact transactions

2.5B +4.5% vs 2023

transactions/year · 2024

Bancontact transaction value

€118B

EUR/year · 2024

Credit card transactions

240M

transactions/year · 2024

Credit card transaction value

€28B

EUR/year · 2024

Average Bancontact ticket size

€47

EUR · 2024

Average credit ticket size

€117

EUR · 2024

Mobile wallets

Where wallets actually land

User counts are the best single scalar for wallet reach, but they understate usage intensity in markets where one super-app carries multi-digit trillions of renminbi or rupees. For flow, see the rails tab.

Active users

  • Payconiq by Bancontact (Bancontact Pay from 2026)2.0M

    2025

  • Apple Pay2.4M

    2024

  • Google Pay1.6M

    2024

  • Wero (EPI)~1.8M

    Q1 2026

Notable wallets

Payconiq by Bancontact (Bancontact Pay from 2026)

Belga News Agency

Apple Pay

Statista (Worldpay GPR)

Google Pay

Statista

Wero (EPI)

European Payments Initiative

Full reference