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
Berlin
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 consumers leapfrog from cash to convenient electronic forms of payment.
TRENDING NOW
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
When every phone becomes a satellite phone, what happens to Asia’s telcos?
‘How come you’re so young?’: Gen Z couple takes on Singapore’s established bullion dealers