Payments via smartphones and digital watches increase among Germans
Although many citizens in Germany still make many payments in cash, the trend to use smartphones and digital watches is increasing, according to a recent survey by the Forsa institute
The Forsa population institute presented data resulting from a survey on digital payments in Germany, which highlights the increase in transactions with smartphones and digital watches, despite the fact that in the country a high percentage of them are still made in cash.
According to the Forsa survey, in which 1,732 adults participated, 44 % of German citizens use a bank card to pay their payments, while 30 % use euros in cash. Regarding the most popular payment methods, smartphones and smartwatches are gaining more and more space, with 13 % and 4 %, respectively.
The survey was carried out between September and October of this year, with results showing an increase in the use of smartphones and smartwatches to cancel payments in Germany for goods or services.
“Digital technologies increasingly shape the way we use money,” said Albrecht Kiel, head of Central Europe at credit card issuer Visa.
Of the survey participants, 19 % stated that they avoid stores where only cash payments are possible. They emphasize that when paying at the store, supermarket or bakery, the most important thing is speed. Which is favored by the use of the telephone and the smartwatch.
M.Pino
Source: news.eseuro
(Reference image source: Unsplash+, in collaboration with Andrej Lišakov)
Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram
