This statistic illustrates the leading payment methods used in Germany in 2020, by age group. As of 2020, cash was a popular payment method, especially with those aged over 65 years. Younger age groups especially preferred to use Girocard or other types of debit cards.
Most popular payment methods based on the value of transactions in Germany in 2020, by age
Characteristic
Cash
Girocard or other debit card
Credit card
Credit transfer/direct debit
Other/no response
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Deutsche Bundesbank. (January 12, 2021). Most popular payment methods based on the value of transactions in Germany in 2020, by age [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/916527/share-of-payment-instruments-used-in-germany-by-age-group/
Deutsche Bundesbank. "Most popular payment methods based on the value of transactions in Germany in 2020, by age." Chart. January 12, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/916527/share-of-payment-instruments-used-in-germany-by-age-group/
Deutsche Bundesbank. (2021). Most popular payment methods based on the value of transactions in Germany in 2020, by age. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/916527/share-of-payment-instruments-used-in-germany-by-age-group/
Deutsche Bundesbank. "Most Popular Payment Methods Based on The Value of Transactions in Germany in 2020, by Age." Statista, Statista Inc., 12 Jan 2021, https://www.statista.com/statistics/916527/share-of-payment-instruments-used-in-germany-by-age-group/
Deutsche Bundesbank, Most popular payment methods based on the value of transactions in Germany in 2020, by age Statista, https://www.statista.com/statistics/916527/share-of-payment-instruments-used-in-germany-by-age-group/ (last visited August 25, 2024)
Most popular payment methods based on the value of transactions in Germany in 2020, by age [Graph], Deutsche Bundesbank, January 12, 2021. [Online]. Available: https://www.statista.com/statistics/916527/share-of-payment-instruments-used-in-germany-by-age-group/