Netherlands: Pin transactions up 9.5%
According to figures by Currence, supermarkets accounted for 35% of PIN transaction followed by petrol stations and fashion retailers with 9.5% and 8.9% respectively. Total PIN transactions reached 1.59bn in 2007, an increase of 9.5% compared with 2006. Total transactions are expected to rise as consumers use this payment methods for smaller amounts. The average transaction sum decreased from EUR 44.22 (US$ 64.92) in 2006 to EUR 43.75 in 2007.
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