Which payment method do Germans and French people use most for online shopping?
Germany E-commerce market size (2020): 62.8 billion euros Number of online shoppers (2020): 61.2 million Online consumption per capita (2020): 947 euros Germany’s e-commerce market share is second only to the United Kingdom. Consumers are more willing to buy goods on international websites (about 51% of online retail comes from international websites). But unlike the UK, card payments in Germany only account for 13% of the payment market. In Germany, the most popular payment method is bank transfer (accounting for 51% of online payments), of which Giropay and Sofort are prominent. Giropay was established in Germany in 2006 and […]