"Germany's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" Is Now Available at Fast Market Research
Despite economic slowdown, the German card payments industry registered growth during the review period (2008-2012). The card payments channel recorded a review-period compound annual growth rate (CAGR) of 3.56%, to reach 247.6 million cards in circulation in 2012 and a value of EUR519.8 billion (US$668.2 billion). Changing lifestyle demographics, an increase in the popularity of online shopping and a rise in disposable income per capita supported the growth of the volume of cards in circulation.
Key initiatives are being taken...
View full press release