Online Payments Gain Momentum In Germany

43% of German buyers now use online payment options

According to a study in Germany, online buyers are moving from more traditional methods of payment to more modern ones. In the study traditional methods were classed as things such cash on delivery, credit card payment or direct debit, whilst modern forms of payment were PayPal, ClickandBuy or giropay. The report revealed in the last 12 months that the amount of German buyers who use these modern methods has risen from 39% to 43%. It was also report that between over 40’s and under 40’s the amount of people who used the modern payment schemes was almost identical with 42.4% of those under 40 and 42.8% of those over 40 using these payment methods. 

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