Value of payments in the Euro Area 2016, by method
This statistic displays the value of payments made in the Euro area in 2016, by method used. As of 2016 cash was still the most widely popular and accepted payment instrument, with approximately 1.53 trillion euros cash transactions occurring at the point of sale (POS) in 2016. Whereas the number of cash payments to card transactions differed greatly in the same time period, the value of card payments in the Euro area in 2016 was notably closer with over 1.1 trillion euros in card transactions occurring.