This statistic illustrates the leading payment methods used in Germany in 2020, by number of payments made. As of 2020, cash was by far the most popular method of payment with 60 percent of the number of transaction made. Following cash the next most popular method of payment used in Germany was with a debit card. By contrast, contactless card transactions made up around four percent of payment transactions in Germany in 2020.
Most popular payment methods used in Germany in 2020, based on the number of transactions
Characteristic
Share of payments made
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Deutsche Bundesbank. (January 12, 2021). Most popular payment methods used in Germany in 2020, based on the number of transactions [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/916497/share-of-payment-instruments-used-in-germany-by-number-of-transactions/
Deutsche Bundesbank. "Most popular payment methods used in Germany in 2020, based on the number of transactions." Chart. January 12, 2021. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/916497/share-of-payment-instruments-used-in-germany-by-number-of-transactions/
Deutsche Bundesbank. (2021). Most popular payment methods used in Germany in 2020, based on the number of transactions. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/916497/share-of-payment-instruments-used-in-germany-by-number-of-transactions/
Deutsche Bundesbank. "Most Popular Payment Methods Used in Germany in 2020, Based on The Number of Transactions." Statista, Statista Inc., 12 Jan 2021, https://www.statista.com/statistics/916497/share-of-payment-instruments-used-in-germany-by-number-of-transactions/
Deutsche Bundesbank, Most popular payment methods used in Germany in 2020, based on the number of transactions Statista, https://www.statista.com/statistics/916497/share-of-payment-instruments-used-in-germany-by-number-of-transactions/ (last visited September 01, 2024)
Most popular payment methods used in Germany in 2020, based on the number of transactions [Graph], Deutsche Bundesbank, January 12, 2021. [Online]. Available: https://www.statista.com/statistics/916497/share-of-payment-instruments-used-in-germany-by-number-of-transactions/