Payments statistics provide information on the access to and use of payment services by residents (non-MFIs) as well as on the payment and settlement systems operating in the EU. They comprise indicators on the number of participants in the domestic infrastructures of the payments market and most importantly on the volume and value of payments processed via them. A comparison of indicators between EU countries highlights the similarities but also the significant differences in transaction practices across countries. These varying practices result from differences in payment cultures or in the time of introduction of innovative payment solutions or principally from the established way of operation of certain infrastructures. The EU has focused on further enhancing the institutional framework governing payments with a view to establishing a single payments market that will securely integrate the innovative payment solutions offered by modern technology for the benefit of both individuals and enterprises.
Regulatory framework on data collection
The ESCB has adopted a single framework under which participating national central banks (NCBs) collect statistical data from payment service providers (PSPs) and payment system operators. In particular, since 2014 data are collected in accordance with the provisions of Regulation (EU) No 1409/2013 of the ECB on payments statistics and Guideline ECB/2014/15 on monetary and financial statistics (recast). PSPs receive a questionnaire they have to complete with information relevant to them. Questionnaires are completed according to the methodology and instructions provided by the Bank of Greece in order to ensure the proper implementation of the above regulatory framework. Likewise, payment system operators provide statistical data on payment systems. On the basis of aggregated data, each NCB compiles national indicators. The ECB on its turn gathers data from NCBs and compiles EU and euro area-wide indicators. The time series of all indicators received from NCBs are entered in the ECB's Statistical Data Warehouse, through which data on payment systems are available to the public. Since 2014, following the entry into force of the new regulatory framework, in addition to credit institutions, data are also provided by payment institutions and e-money institutions. Moreover, any events causing a time series break are mentioned in the notes accompanying the data tables. The ECB publishes tables of payments statistics around mid-September every year. It also prepares and publishes an annual report on payments statistics, which includes, inter alia, quantitative and qualitative data on the indicators of the last five years for each country.
The link below redirects you to the tables of payments statistics for Greece for the years 2012-2016. Note: the correct number of POS terminals in Table 6 concerning the year 2016 is 422.008
Among the various statistics provided, data on the volume and value of payments by payment service are of particular interest. In contrast with developments in the EU as a whole, in Greece there is no clear linear increase or decrease in the use of principal payment services during the above period, possibly because of the effect of the general economic turmoil on the relevant indicators. However, there is a visible trend towards a wider use of payment services accessed electronically (payment cards and e-money), as well as a decline in the use of cheques.
Payment and Settlement Systems Department
Funds Transfers and Infrastructure Study Section
341 Mesogion Ave., 152 31 Chalandri