Debit card payments in Germany increased by near 40 billion euros in 2023, making it one of the main markets in Europe in terms of money spent. Given Germany's sizable population when compared to other countries in the EU, that may not sound surprising. The growing debit card expenses are noticeable, however, in a country where cash is relatively popular for in-store payments in 2021. Before the coronavirus pandemic, a three-year survey from the European Central Bank observed that Germany ranked among the most likely countries in Europe to use cash.
Value of debit card transactions for payments in Germany from 2000 to 2023
(in million euros, and estimates in U.S. dollars)
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Statista. (July 25, 2024). Value of debit card transactions for payments in Germany from 2000 to 2023 (in million euros, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1330915/value-of-debit-card-payments-germany/
Statista. "Value of debit card transactions for payments in Germany from 2000 to 2023 (in million euros, and estimates in U.S. dollars)." Chart. July 25, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1330915/value-of-debit-card-payments-germany/
Statista. (2024). Value of debit card transactions for payments in Germany from 2000 to 2023 (in million euros, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1330915/value-of-debit-card-payments-germany/
Statista. "Value of Debit Card Transactions for Payments in Germany from 2000 to 2023 (in Million Euros, and Estimates in U.S. Dollars)." Statista, Statista Inc., 25 Jul 2024, https://www.statista.com/statistics/1330915/value-of-debit-card-payments-germany/
Statista, Value of debit card transactions for payments in Germany from 2000 to 2023 (in million euros, and estimates in U.S. dollars) Statista, https://www.statista.com/statistics/1330915/value-of-debit-card-payments-germany/ (last visited December 03, 2024)
Value of debit card transactions for payments in Germany from 2000 to 2023 (in million euros, and estimates in U.S. dollars) [Graph], Statista, July 25, 2024. [Online]. Available: https://www.statista.com/statistics/1330915/value-of-debit-card-payments-germany/
