Paying becomes easier
Posted: Sat Feb 01, 2025 10:17 am
Retail is on the way to simplifying cashless payments. This means that cash will not suddenly disappear, but many people will simply get used to the fact that electronic or digital payments are faster and easier.
Payments will become more digital, contactless and mobile in the coming years. With smartphone payments , many people no longer even need to carry their bank card with them, contactless payments are simply more convenient during and after pandemics, and innovations in the area of mobile payments are on the rise. Mobile card readers are already available in many stores, making shopping easier and more flexible.
Self-service options are also geared towards digital solutions. Self-checkouts and vending machines for food and drinks have been found everywhere in other countries for years and are now also on the rise in Germany. Payments by app or card are particularly useful here. The same applies to all online payments, which are also intended to be faster and easier.
Examples of online payment methods:
PayPal
Amazon Pay
Apple Pay
Klarna
Google Pay
Other trends in cashless payments
Germany is not a pioneer when it comes to developing middle east gambling data or implementing new payment methods. It is more likely that foreign companies are struggling a little with the cash-loving Germans. However, that does not stop them from developing new payment methods.
A particularly relevant trend at the moment is paying by smartphone. Apps of all kinds now allow you to pay in many supermarkets and retail stores. Some experts expect this method to become popular among young people, who are practically skipping the debit and credit card phase and doing as much as possible via their smartphone.
Payments will become more digital, contactless and mobile in the coming years. With smartphone payments , many people no longer even need to carry their bank card with them, contactless payments are simply more convenient during and after pandemics, and innovations in the area of mobile payments are on the rise. Mobile card readers are already available in many stores, making shopping easier and more flexible.
Self-service options are also geared towards digital solutions. Self-checkouts and vending machines for food and drinks have been found everywhere in other countries for years and are now also on the rise in Germany. Payments by app or card are particularly useful here. The same applies to all online payments, which are also intended to be faster and easier.
Examples of online payment methods:
PayPal
Amazon Pay
Apple Pay
Klarna
Google Pay
Other trends in cashless payments
Germany is not a pioneer when it comes to developing middle east gambling data or implementing new payment methods. It is more likely that foreign companies are struggling a little with the cash-loving Germans. However, that does not stop them from developing new payment methods.
A particularly relevant trend at the moment is paying by smartphone. Apps of all kinds now allow you to pay in many supermarkets and retail stores. Some experts expect this method to become popular among young people, who are practically skipping the debit and credit card phase and doing as much as possible via their smartphone.