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  • Consumer Payments Country Snapshot: Germany 2016

     



    (Aviation-NewsWire.Com, July 19, 2018 ) Despite a strong economy and high levels of financial inclusion, German consumers favor cash for the majority of their day-to-day spending. Payment cards are used sparingly at the point of sale (POS) , and the German POS network is among the least developed in Europe. German consumers consider cash to still be the best available option due to a combination of ingrained consumer habits and the German cultural preference for spending within one's means. As a result, alternative payment methods are sharply limited in both usage and consumer interest.

    For more information about this report: http://www.reportsweb.com/consumer-payments-country-snapshot-germany-2016

    Specifically the report -
    - Analyzes consumer attitudes to financial services by lifestage.
    - Analyzes the major payment card types in terms of both card holding and usage.
    - Identifies the major competitors in card issuing and how their position in the market has changed over the last five years.
    - Considers consumer attitudes towards P2P tools, mobile payment tools, and contactless cards, and how companies in Germany are deploying these tools to meet customer needs.
    - Explores the online payment market in Germany by merchant type and payment tool, as well as providing a five-year forecast for the development of the market.

    Scope

    - Less than 10% of German consumers held a revolving credit card in 2015, and of those 80% paid off their balances in full each month.
    - German consumers' preference for privacy have led them to favor online payment tools that allow them to pay without revealing their account information, meaning PayPal and Sofort are both popular.
    - German consumers' preference for cash is not tied to the convenience of its use - Germans prefer the anonymity, certainty, and above all control over personal spending afforded by cash.

    Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001858636/sample

    Reasons to buy

    - Understand the key facts and figures in the consumer payments market in Germany.
    - Learn what trends drive consumer behavior at the macro level and plan your strategy accordingly.
    - Find out what products the major competitors are launching in the market.
    - Discover consumer sentiments towards various payment tools in the German market and use this knowledge to inform product design.

    Table of Content:

    Megatrends
    Proximity Payments
    Remote Payments
    Payments Infrastructure & Regulation
    Appendix

    Companies Mentioned:

    Visa
    Mastercard
    Girocard
    Deutsche Bank
    Sofort
    Cookies
    PayPal
    Apple
    Android
    SIA
    Jiffy
    Deutsche Telekom
    DSGV
    Sparkasse
    GeldKarte
    BVR
    Landesbank
    American Express
    Diners Club

    Inquire for Report at http://www.reportsweb.com/inquiry&RW0001858636/buying

    ReportsWeb.com

    Rajat Sahni

    +1-646-491-9876

    sales@reportsweb.com

    Source: EmailWire.Com

    Source: EmailWire.com

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