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Daily Archives: Wednesday March 11th, 2020

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Cash payments in Germany declining

Cash Management, UncategorizedBy KatharinaSchoenWednesday March 11th, 2020

The Deutsche Kreditwirtschaft published statistics about payment methods in Germany.[1] There are 4,5 billion transactions by Girocard (debit cards) per year with an average payment amount of 46,86€. What does it mean for retail? The development of payment procedures of the retail sector was analysed by the newsletter of „Finanz-scene.de“. In total, the share of…

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