Digital payments in Italy. SIA: at Christmas +25% online purchases with cards, +9% in traditional stores

Milan, 28 December 2017 – There were 73 million payments using debit, credit and prepaid cards, issued in Italy and processed by SIA, in Christmas week (from Monday 18 to Sunday 24 December 2017), compared to the 65 million in the same period last year (+12.3%); of these approximately 15 million related to online purchases, representing more than 20% of the total, up 25% over 2016. Meanwhile in traditional stores, payments rose by 9%.
 
In the period from 1 to 24 December 2017, SIA processed overall 223 million transactions with cards, up over 13% compared to the 197 million in the same period of 2016.
In particular, 23% of the total of payments with card related to purchases on e-commerce sites representing nearly 51 million transactions (+34% over the same period in 2016). In traditional stores, payments with cards rose by 8%.
 
SIA manages around half of all payments made with debit, credit and prepaid cards in Italy. 


DIGITAL PAYMENTS 18-24 December

	Physical payments	E-commerce	TOTAL	E-commerce vs Total
million transactions
WEEK 2017	58	15	73	20.5%
WEEK 2016	53	12	65	18.5%
Difference	9.4%	25%	12.3%

DIGITAL PAYMENTS 1-24 December

	Physical payments	E-commerce	TOTAL	E-commerce vs Total
million transactions
MONTH 2017	172	51	223	23%
MONTH 2016	159	38	197	19.3%
Difference	8%	34%	13.1%