DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Germany Cards and Payments Market - Size, Share, Development, Growth and Forecast to 2020" report to their offering.
Germany's population grew steadily from 80.5 million in 2012 to 81.1 million in 2014 and is expected to reach 82.3 million by 2020. This increase in population is expected to encourage card spending over the forecast period. Also, the percentage of the urban population in total population grew from 74.7% in 2012 to 75.2% in 2014 and is expected to grow further to 76.2% by 2020. An increase in urbanization will lead to increase in number of cards and its use.
A total of 76.8% of 134 million payment cards in Germany in 2014 were debit cards, which amounts to around 102.8 million cards. The growth rate of total payment card in circulation for the period 2015-2020 is expected to be around 0.5% and the contribution of debit cards in the payment cards market is expected to remain the same. The debit card transaction value at ATM remained considerably higher than the transaction value at POS terminals. The transaction value of debit cards at ATM accounted for 65.8% of the total debit card transaction value in 2014, which states that consumers prefer to use debit cards at ATMs for higher value transactions, rather than at POS terminals.
Key players in the Germany cards and payments market:
- Deutsche bank
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Key Industry Drivers
5. Payment Channels
6. Terminal Statistics
7. Payment Card Market Analysis
8. Debit Card Market Analysis
9. Credit Card Market Analysis
10. Charge Card Market Analysis
11. Card Fraud
12. Prepaid Card Market Analysis
13. Card Market By Customer Segments
14. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/q5r6m6/germany_cards_and