European Payment Cards Yearbook

Sweden - Summary

Market Overview

  
Payment Organizations CEKAB
   
Market Structure

Card use in Sweden is above the EU average, though less than its Nordic neighbours. Most cards are debit cards. VisaNet and MasterCard Banknet are used for the clearing and settlement of domestic as well as international transactions.

The four main Swedish banks dominate card issuing. All four main banks also acquire, with Swedbank the largest acquirer.
   
Major Issuers Swedbank, SEB, Svenska Handelsbanken and Nordea.
   
Consumer Finance Credit card loans denominated in SEK were SEK 25.3 billion (Û2.7 billion) as at December 2007, with a further SEK 6.8 billion in charge card debts.
   

Key Statistics 2008

  
Population 9.2 million
Cards Debit: 9.0 million (2007)
Delayed debit: 1.1 million (2007)
Credit: 5.0 million (2007)
Total: 15.1 million (2007)

 

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Purchase Profile

 

 

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