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Value of mobile wallet transactions using contactless technology for payments in Italy from 2019 to 2021 (in million euros, and estimates in U.S. dollars)

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Sources

Release date

March 2022

Region

Italy

Survey time period

2019 to 2021

Special properties

Smartphone or wearables only; Does not include contactless payments with cards

Supplementary notes

The figures have been taken from several publications, namely and the .

The USD figures have been calculated by ÌÇÐÄÆƽâ°æ, based on from OECD.

Citation formats

Annual mobile/wearable spending in Italy 2019-2021, in local currency and USD

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 1, 2023
Contactless payments with phones or wearables in Italy recorded a growth figure of more than 100 percent between 2020 and 2021. This was a significant development for a country that is said to be among Europe's most cash reliant countries. The source cites the COVID-19 pandemic and the increase of the card limit from ** euros to ** euros as the main drivers for change. The value of payments made with a contactless or tap to pay payment option was roughly billion euros in 2021 - of which mobile wallets on smartphones or wearables made up billion euros.
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Mobile payments with digital walletsMobile app usageMobile internet usage worldwideAlipayEmbedded finance
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