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Cash and Crises
Germany: cash accounts for 74% of transactions
March 05, 2018
According to the Deutsche Bundesbank survey on "Payment behaviour in Germany in 2017", cash is by far the most widely used payment instrument and accounts for 74% of transactions in volume and 48 % in value.
Germans’ love of cash: obsession or pragmatism?
February 13, 2018
Germans' love for cash might as well be linked to their pragmatism and not at all to nostalgia.