Cash traditionally plays a major role in Germany, but consumers increasingly pay electronically or by card, a new study shows. Other countries are however far ahead.
Germany is catching up with digital payments, but is still lagging behind in the EU comparison. According to a new analysis, the number of card payments is increasing significantly. Cash is still popular – and Minister of Finance Klingbeil wants to make digital payments mandatory soon.
Cash traditionally plays a major role in Germany, but consumers increasingly pay electronically or by card, a new study shows. Other countries are however far ahead.