Europe · GDP rank #38
Denmark
DK · DKK @ 0.1554/USD
Denmark is one of the most digitalised payment economies in Europe — almost nine in ten in-store payments are digital — built around two structurally different rails. Dankort still runs ~40% of card transactions, but it has lost share steadily to international schemes and Apple/Google Pay. MobilePay (Vipps MobilePay since the 2022 merger) carries the mobile leg with ~4.5m users out of a population of ~6m. The krone is pegged to the euro via ERM-II at the central rate of 7.46038, and the Riksbank-equivalent debate about cash resilience and offline payments is now an explicit policy priority.
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
% · 2024
Debit card share
% · 2024
Credit card share
% · 2024
Mobile wallet share
% · 2024
Every third in-store payment is now via wallet.
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.
Share of POS
- Cash11%
- Credit card9%
- Debit card52%
- Instant / A2A5%
- Mobile wallet33%
- BNPL7%
- Other1%
Cash behaviour
- ATM network
- 2,100
- Avg. ATM withdrawal
- kr.1,150
- Cash share · value
- 5%
- Cash share · volume
- 11%
Source · Danmarks Nationalbank
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.
Includes co-badged Dankort/Visa cards counted on the Visa rail when used abroad or online.
Share of card volume
- Visa44%
- Mastercard12%
- Amex3%
- Other1%
- Domestic Scheme40%
Total card transactions (Danish-issued)
transactions/year · 2024
Roughly 461 transactions per inhabitant/year — among the highest in Europe.
Card payment value at Danish merchants
DKK · 2024
Credit card transactions
transactions/year · 2024
Credit card value
DKK · 2024
Average debit ticket size
DKK · 2024
Average credit ticket size
DKK · 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
- MobilePay (Vipps MobilePay)4.5M
2025
- Apple Pay2.8M
2024
- Google Pay1.4M
2024
Notable wallets
MobilePay (Vipps MobilePay)
Vipps and MobilePay are now on a single platform; Danish migration completed 12 March 2026.
Vipps MobilePay
Apple Pay
Statista / Nationalbanken
Google Pay
Statista
Full reference