More than half of payments cards in Iceland were credit cards, reaching a total of over ** in 2020. Unlike other European countries, debit cards were not found more often in the country, as that year there were around ** of these. The numbers provided are estimates, based on the figures central banks have to supply. Owning a payment card does not immediately indicate it gets used often, as there are large differences within Europe when it comes to the use of certain payment methods.
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Central Bank of Iceland. (May 16, 2023). Total number of credit cards and debit cards issued in Iceland from 1997 to 2022 (in 1,000s) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1111821/credit-card-and-debit-card-number-in-iceland/
Central Bank of Iceland. "Total number of credit cards and debit cards issued in Iceland from 1997 to 2022 (in 1,000s)." Chart. May 16, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1111821/credit-card-and-debit-card-number-in-iceland/
Central Bank of Iceland. (2023). Total number of credit cards and debit cards issued in Iceland from 1997 to 2022 (in 1,000s). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1111821/credit-card-and-debit-card-number-in-iceland/
Central Bank of Iceland. "Total Number of Credit Cards and Debit Cards Issued in Iceland from 1997 to 2022 (in 1,000s)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 16 May 2023, /statistics/1111821/credit-card-and-debit-card-number-in-iceland/
Central Bank of Iceland, Total number of credit cards and debit cards issued in Iceland from 1997 to 2022 (in 1,000s) ÌÇÐÄÆƽâ°æ, /statistics/1111821/credit-card-and-debit-card-number-in-iceland/ (last visited July 31, 2026)
Total number of credit cards and debit cards issued in Iceland from 1997 to 2022 (in 1,000s) [Graph], Central Bank of Iceland, May 16, 2023. [Online]. Available: /statistics/1111821/credit-card-and-debit-card-number-in-iceland/
