Press release | 4 September 2025 10:00 AM

Total value of contactless payments surpassed chip-based card payments in April–June 2025

In the second quarter of 2025, Finnish payment cards were used for a total of 652 million card payments, an increase of 3% compared with the same period in the previous year. The aggregate value of contactless payments rose by 23% year on year.

In the second quarter of 2025, Finnish payment cards were used for a total of 652 million card payments, an increase of 21 million payments (3%) compared with the same period in the previous year. The aggregate value of these card payments at EUR 19.7 billion was the highest quarterly value recorded in the history of these statistics.

A total of 125 million card payments were initiated on a computer or mobile device in the second quarter of 2025, representing an increase of 19% year on year. The aggregate value of these remote card payments (EUR 4.9 billion) grew 18% year on year. Contactless payments accounted for 431 million card payments, an 8% increase compared with the second quarter of 2024. The aggregate value of contactless payments rose by 23% year on year, reaching EUR 8.4 billion in the second quarter of 2025. In the second quarter of 2025, a chip or magnetic stripe was used to make 95 million card payments, 24% fewer than in the corresponding period a year earlier. The value of these payments fell by 19% year on year to EUR 6.4 billion. In 2025, for the first time, the aggregate value of chip and magnetic stripe payments was lower than that of contactless payments.

In card payments, cards are inserted into physical terminals less frequently than before

Card transactions made in other EU Member State using Finnish payment cards in the second quarter of 2025 totalled EUR 2.5 billion, a 25% increase on the same period a year earlier. The aggregate value of card transactions outside the EU in the second quarter of 2025 was EUR 0.4 billion, i.e. 11% more than a year earlier.

The total number of credit transfers in the second quarter of 2025 was 312 million, 3% fewer than in the corresponding period a year earlier. However, the aggregate value of credit transfers (EUR 995 billion) rose 7% from the previous year. Nearly 80% of the value of credit transfers in the second quarter of 2025 was directed to Finnish counterparties.

The figures in news release have been published in the payment statistics dashboard.

The next quarterly news release on payment statistics will be published at 10 a.m. on 16 December 2025.