In Germany, 80% of transactions and approximately 53% of sales are carried out by means of cash payments. Cash is appreciated regardless of age. A market research institute, GfK, has conducted a study among the youth of 14-24 years concerning the preferred method of payment, according to which young people pay in cash most willingly – 2/3 of respondents do so.
Chart: Own study
Source: Bankenverband – Bundesverband deutschen Banken
Chosen by Anna Dąbkowska