Debit card payments in Germany increased by over 40 billion euros in 2022, 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 2022
(in million euros, and estimates in U.S. dollars)
Characteristic
Transaction volume in million euros
Transaction volume in million U.S. dollars
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Statista. (February 26, 2024). Value of debit card transactions for payments in Germany from 2000 to 2022 (in million euros, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved September 01, 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 2022 (in million euros, and estimates in U.S. dollars)." Chart. February 26, 2024. Statista. Accessed September 01, 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 2022 (in million euros, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 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 2022 (in Million Euros, and Estimates in U.S. Dollars)." Statista, Statista Inc., 26 Feb 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 2022 (in million euros, and estimates in U.S. dollars) Statista, https://www.statista.com/statistics/1330915/value-of-debit-card-payments-germany/ (last visited September 01, 2024)
Value of debit card transactions for payments in Germany from 2000 to 2022 (in million euros, and estimates in U.S. dollars) [Graph], Statista, February 26, 2024. [Online]. Available: https://www.statista.com/statistics/1330915/value-of-debit-card-payments-germany/