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
Thu, Jul 30, 2015 - 5:50 AM
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...