Holiday Dankort use breaks record

Debit card use broke single day record, despite a snow storm that may have kept some from buying their final gifts

Today, almost 100,000 people in Denmark found out if their higher education application was successful (photo: Pixabay)
December 27th, 2012 2:35 pm| by admin
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Debit card terminals across the country came close to melt down on December 21. The last Friday before Christmas, consumers slid their Dankort a total of 4.3 million times, spending nearly 1.7 billion kroner, according to payment service NETS.

Total sales for the Christmas season were up 2.1 percent when compared with the same period last year. Dankort transactions added up to  more than 25 billion kroner over the first 23 days of December. Overall, 74,860,503 transactions were conducted with Dankort for an on average  335 kroner per sale, which is two kroner less than last year.

Total sales this Christmas were affected by the blizzard that hit the country on Sunday, December 23, which was the last shopping day before the holiday.

The previous daily record occurred during the 2010 Easter holiday, when Dankort was used to trade for total 1.56 billion kroner on March 31.

The NETS totals do not include use of credit cards, which has been increasing steadily over the past few years.

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