339 million payment transactions at merchants in Czechia in Q1 2020

The Bank Card Association (SBK) published some statistics on cards payment for the first quarter of 2020 in Czechia.

At a certain stage of the cessation of life in the Czech Republic, it obviously had its effects on the fluctuating purchasing dynamics in the period under review.

“Use of cards payments in the domestic market was affected by the effects of the coronavirus in the first quarter of 2020; on the one hand, there was a decline in the number and volume of transactions in brick-and-mortar stores, especially in March 2020, on the other hand, the number and volume of transactions in e-commerce grew,” says Roman Kotlán, Executive Director of the Bank Card Association.

Main data compared with Q1 2019

Number of payment terminals 232,541 (194,012 in 1.q 2019);

Number of payment terminals for contactless payments 216,364 (189,946 in 1.q 2019);

Number of e-shops accepting payment cards 12,359 (10,028 in 1.q 2019);

Number of ATMs 5.669 (5.502 in 1.q 2019);

Number of issued payment cards 12.8 mil (12.2 mil in 1.q 2019);

Number of contactless payment cards issued 12.3 mil (11.5 mil in 1.q 2019).

Cashless payments at merchants for the 1st quarter of 2020

Number of payment transactions at merchants 339 mil (274 mil in 1.q 2019);

Volume of payment transactions at merchants CZK 211.5 billion (CZK 172 billion in Q1 2019).

Cash withdrawals from ATMs in the 1st quarter of 2020

Number of cash withdrawals from ATMs 36.7 mil (39.7 mil in 1.q 2019);

Volume of cash withdrawals from ATMs CZK 179.5 billion (CZK 173.1 billion in Q1 2019).

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