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Learn moreNov 2020
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As the second most popular payment card in Germany, charge cards also benefitted from widespread recommendations during the COVID-19 pandemic to replace cash with card payments. Consequently, charge card transactions reached unprecedented heights in volume and value terms as well as share of retail sales.
Against the backdrop of rising health concerns, card acceptance significantly increased in Germany beyond established chained players. With payment providers offering favourable payment terms, many independent merchants also enhanced their payment options, mindful of the swift change in consumer payment preferences.
Traditionally, charge cards in Germany have trailed far behind debit cards in terms of transaction volume and value. This was due to a significantly lower number of cards in circulation and different payment purposes.
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Discover the latest market trends and uncover sources of future market growth for the Charge Card Transactions industry in Germany with research from Euromonitor's team of in-country analysts.
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If you're in the Charge Card Transactions industry in Germany, our research will save you time and money while empowering you to make informed, profitable decisions.
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Euromonitor’s industry reports, including Charge Card Transactions in Germany, originate from our database within our Consumer Finance market share and market size database
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.