Payment procedure
Every third can imagine departure from cash
In Germany, many people swear by appearance and coin. But there is also a trend towards digital payment methods in this country. Many can imagine a departure from cash.
With their great love for cash, Germans and Austrians are quite alone, according to a survey. In all other seven European countries in which the market research institute YouGov dealt for the consulting company BearingPoint, contactless payment by card is favorite.
In Austria, almost three quarters (73 percent) of the 1,025 participants in the online survey there stated that cash to use particularly frequently. In Germany there were 69 percent of the 2,019 respondents in Germany. The data was collected from November 19 to December 1, 2024.
A departure from cash in the next ten years consider more than a third (38 percent) of the respondents to be rather likely. In Germany, 33 percent consider this possible.
Trend towards digital payment procedures
In all nine countries in which a total of 10,222 adult data were collected, the participants of the survey can imagine using digital payment methods more intensively over the next two years. Ireland is the leader, where 40 percent of the respondents can imagine more use of card payments and 39 percent of a stronger use of mobile payments by smartphone or smartwatch.
Contactless card payment dominates in Nordic countries
According to information, the contactless payment is used in Finland (89 percent), Denmark (76 percent) and Sweden (75 percent), according to the respective countries, and there is also a distance from other payment methods.
People in these Nordic countries resort to appearance and coin less often: 46 percent of those respondents answer in Finland that they use cash particularly often, in Denmark it is 35 percent, 28 percent in Sweden. When answering the question, the survey participants could name up to five payment methods.
dpa
Source: Stern
