Despite the begin of an economic crisis, 2008 was once again a successful year for PayLife. For Austrian consumers appreciate the convenience of cashless payment more and more. This is reflected by the continually increasing number of transactions and total turnover generated by the 9 million payment cards issued by PayLife. In total, PayLife processed 944.8 million transactions, which amounts to an increase of 6.9% as compared to the previous year. The transactions totalled 33.1 billion euros (an increase of 6.3%), 16.6 billion euros of which were from Point of Sale payments (an increase of 7.9%).
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