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Discover how consumers in Luxembourg like to shop and pay online
With the highest Internet penetration rate in Europe  and a per capita GDP more than twice the eurozone average , Luxembourg is a highly lucrative e-commerce market. More than 80% of the population already shops online . As you’d expect in such a lucrative, well-connected market, online shoppers love luxury goods, in particular fashion items .
Very nearly 100% of the population has a bank account  and over 70% uses Internet banking . Unsurprisingly, bank transfers and other types of alternative payment are popular in Luxembourg, with over 70% of banks supporting, for instance, SEPA bank transfers . Popular alternative payment methods in Luxembourg include schemes such as the e-wallet PayConiq, the bank-transfer scheme Trustly and the usual mobile wallets, such as ApplePay and Google Pay.
The information on our Insights pages has been compiled by us in cooperation with Datamatics and Wright & Brown. The data shown is partially owned by us and partially owned by GlobalData. © 2021 by PPRO Financial Ltd. No data and information can be used for any further publication without the explicit approval of PPRO.
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