When I opened the newspaper today, i read the next article in ‘De Tijd’ (a Belgian financial newspaper)
Until late November, the Belgians have paid 1.174 billion times with their debit or credit card. This means that only 55.6 million electronic transactions need in December to the previous record of 1.23 billion transactions break. With the holiday season in prospect, it is therefore “very likely” that the record is smash, it sounds at Atos Worldline.
The Christmas period is traditionally a peak in the number of electronic payment. Last year, Atos Worldline has reported a double record on December 23: a record number of transactions per day and a record number of transactions per minute.
How many electronic transactions ultimately afklokt 2010, remains to be seen. But during the first eleven months of the year the number of electronic payments is 5.5 percent higher than the same period last year. If they rise over the years is confirmed, it comes number of electronic payments at around 1.3 billion.
The amount of purchases that were paid electronically, is on the rise. In the period ending in November gave the Belgians 7.4 percent more than the same period one year earlier. The average amount per transaction experienced a modest rise in February , 1 percent. In 2009, the average amount per electronic payment yet.
It is expected that the increase in electronic transactions will still continue in the coming years. The Belgian banks seek to increase the number of electronic transactions to 2 billion in 2014.
And each year they post the same story over and over again….we’re using more and more debet and credit cards to pay in stores, on line and off line. Although many people are still ‘in love’ with their bank notes and coins, I think it’s time to get dump all the physical notes and coins and stick with the digital card. Much safer, isn’t heavy nor big, …. and easier to use (no more counting the coins etc)! This combined with modern technology of the cell phone and the flat world technology and communication, is the future!
Again I feel the urge to launch a flat statement (or is it a challange this time):
Are you ready to drop your money?