Consumer Payments Country Snapshot: Germany 2016
"Consumer Payments Country Snapshot: Germany 2016" report examines the consumer payments market in Germany, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. This report also e
(EMAILWIRE.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
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
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results