Payment methods in Luxembourg

Card payments are popular in Luxembourg, and are even used by the unbanked. In 2020, there were 4.18 credit cards and 1.79 debit cards per capita. Mobile payment options like Digicash by Payconiq and Apple Pay are becoming more common, particularly among tech enthusiasts. Cash in-person payments have steadily decreased year-over-year. Older age groups tend to pay more with cash.