THE PORTUGUESE PAYMENT LANDSCAPE

Over the past few years, payment habits changed considerably in Portugal: electronic payment instruments gained importance (cards, direct debits and credit transfers) while cheques, on the contrary, declined significantly. The internet users who use internet banking increased substantially: 29% in 2007 to 42 % in 2017. The average amount of cash (€29) in the wallet that Portuguese carry is the lowest of Eurozone countries (average €63).
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