The data displays the leading payment methods for online shopping in Belgium from the first quarter of 2015 to the fourth quarter of 2017. In the fourth quarter of 2017, credit cards were not the most popular way of paying for online purchases in Belgium anymore. Its market share decreased in favor of Bancontact.
Bancontact is a local payment scheme and is the Belgian market leader when it comes to electronic payment methods. Its online payment scheme can be used by all customers with a Bancontact branded payment card.
Bancontact (online) | 40 | 45 | 46 | 47 | 49 |
Credit card | 53 | 51 | 50 | 49 | 47 |
Paypal | 25 | 27 | |||
Bank transfer (online) | 17 | 17 | |||
Bancontact (at delivery/pick-up) | 9 | 10 | |||
Gift cards and loyalty points | 7 | 8 | 9 | ||
Cash (at delivery/pick-up) | 4 | 4 | |||
Bank transfer (at the bank office) | 4 | 3 | |||
Direct debit | 1 | 1 | |||
Other payment method | 1 | 1 |