European Payment Cards Yearbook

Estonia - Summary

Market Overview

 
Payment Organizations Pankade Kaardikeskus AS (PKK)
   
Market Structure

Estonia is the most developed of the Baltic markets and in many respects the most developed of all the CEE markets.

There was 1.4 internationally-branded bank card per capita in 2008; there were 114 card payments per capita, of which 102 were by debit cards. Most cards are debit cards; though credit cards are growing, over 40% are inactive.

Swedbank (formerly Hansabank) and SEB dominate the banking sector.

   
Major Issuers Swedbank, SEB.
   

Key Statistics 2008

 
Population 1.3 million
Cards Debit: 1.4 million (14,000 domestic)
Credit: 445,000
Total: 1.9 million

 

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Purchase Profile

 

 

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