ElectronicPayments

Germans still loyal to cash, but electronic payments gaining ground

Germans don’t pay as much in cash as they used to but still use notes and coins more frequently than most other European shoppers, an annual report published on Wednesday [..]

The volume of cashless payments exceeded 1 trillion euro in 2024

In 2024, 876.0 million customer non-cash payments totalling 1.1 trillion euro were executed by Latvian payment service providers (credit institutions, electronic money institutions, payment institutions, credit unions, Latvijas Banka, and [..]

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