Germany Cards And Payments Market

Germany Cards And Payments Market Analysis (2024 to 2029)

Market Data Forecast’s "Germany Cards And Payments Market" report offers a distinct range of possibilities in the market of payment cards along with the accurately validated statistics of operational cards in the market and their total transactional values. It suggests profitable marketing strategies considering the competitive landscape in the market, purchase trends, payment options in online trade and significant government frameworks impacting the overall payment cards market of Germany.

Our report kindles the hidden opportunities with dependable information about different types of cash transactions, volumes of cardholders, market proportion, current accounts, increase within the number of cards, credit cards outstanding balances, transactional values, details of the issuers at the side of available banking schemes and futuristic analysis of overall cards and payment marketplace in Germany.

Germany Cards and Payments Market – Key Highlights:

The gaining prominence of alternative payment options in Germany like Vodafone Wallet, a digital wallet for customers to make in-store contactless payments and Deutsche Bank Mobile, launched by Deutsche Bank for its customers on Android devices using their card details to pay at the places where MasterCard PayPass is accepted.

The development of a pan-European instant credit transfer scheme by the European Payments Council in Single Euro Payments Area (SEPA) markets to enhance the use of electronic payments and provide instant transfers up to EUR 15,000 within 10 seconds at any point of time throughout the year. UniCredit also started its own real-time payment platform apart from SEPA Instant Credit Transfer (SCT Inst).

Growing adoption of digital-only banks like telecom provider Telefónica Deutschland and Fidor Bank partnered mobile-only bank, O2 banking app allowing P2P transfers and loans offering MasterCard debit card, N26, and Fidor Bank.

Some of the Dominating players in the Market:

• Deutsche Bank
• Postbank
• Commerzbank
• Deutsche Kreditbank
• Deutscher Sparkassen- und Giroverband
• BVR
• ING Bank
• Landesbanken
• Telefónica Deutschland
• Fidor Bank
• Girocard

Key Questions Answered by the Report

• What is the market size of the Germany Cards and Payments market?
• What are the major operators and issuers in Germany?
• What is the current state of emerging payment technologies?