Warning: exif_imagetype(https://www.edeals2day.com/wp-content/uploads/2020/08/jonas-leupe-XL1YpEnVLb0-unsplash.jpg): failed to open stream: Connection refused in /home/deploy/sites/www.edeals2day.com/wp-includes/functions.php on line 3314

Warning: file_get_contents(https://www.edeals2day.com/wp-content/uploads/2020/08/jonas-leupe-XL1YpEnVLb0-unsplash.jpg): failed to open stream: Connection refused in /home/deploy/sites/www.edeals2day.com/wp-includes/functions.php on line 3336

Warning: exif_imagetype(https://www.edeals2day.com/wp-content/uploads/2020/08/jonas-leupe-XL1YpEnVLb0-unsplash.jpg): failed to open stream: Connection refused in /home/deploy/sites/www.edeals2day.com/wp-includes/functions.php on line 3314

Warning: file_get_contents(https://www.edeals2day.com/wp-content/uploads/2020/08/jonas-leupe-XL1YpEnVLb0-unsplash.jpg): failed to open stream: Connection refused in /home/deploy/sites/www.edeals2day.com/wp-includes/functions.php on line 3336

Jilino1 tv.Jilino1 tv,Jilino1 tv

Fintech & Ecommerce

Top 3 payment methods in Germany 2020: study

PayPal is also among them

payment methods

Top 3 payment methods in Germany 2020: study. Source: unsplash.com

Ecommerce News has found that purchase on account, PayPal, and direct debit are top 3 payment methods in Germany as of 2020.

In fact, 32.8% of all online payments in Germany happened through purchase on account in 2019. Besides, purchase on account gained last year more sales than in 2018.

The possible reason for a 1.5% increase in popularity could be that Amazon has been actively promoting this payment method to its customers.

PayPal ranked second among the payment methods with the highest turnover. It has a share of 20.2%, which is slightly more than the number three on the list, direct debit. This method has a share of 18.3%.

We’ve reported that the United Kingdom is expected to generate 25% of all digital payments in Europe.

SEE ALSO:

Pay Space

7166 Posts 0 Comments

Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.