Financial Cards and Payments in Germany - New Market Report
Fuelled by low unemployment, the consumer sentiment in Germany remained positive in 2013, despite the problems of the Eurozone crisis. Most consumers still have considerable trust in the financial system. As such, the consumer payment industry continued to post positive transaction value growth, although the pace slowed down from the post-recession upbeat situation of 2010-2012. Buoyed by the stable economic situation, the long-term trend from cash to card continued with no reverse trend of...
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