You are here

Little by little, Germans look beyond cash to shop

A deeply ingrained mistrust of credit has long kept cash king in Germany, where the average citizen carries 103 euros in their pocket

Security and privacy are high priorities among Germans, who tend to be conservative consumers with a strong aversion to debt. The trauma from 1920s-era hyperinflation still colours the national thinking.


TOURISTS and business travellers visiting Germany are often surprised when they reach to pay for their beer, metro tickets or even a large restaurant bill that their credit cards are not welcome.

Habits, however, are slowly changing in Europe's top economy, as younger