The German Way of Paying
Before we dive into the possible changes of the German payment culture, we first have to understand as to why the average German is so reluctant when it comes to new ways of payment that don’t include a piece of paper or some chunks of metal. Paying with cash is first and foremost anonymous and provides independence from any financial establishment that might block your card or give you a bad credit.
The next concern is the topic of security. Unless it gets directly stolen out of your pocket, physical money is as secure as it gets. After the first few contactless payment options have been advertised in the German media, it didn’t take much longer until the first stories of people being robbed on the go reached the public ear, which left a rather negative impression on the matter.
Another problem is the acceptance of such innovations. Although more and more businesses are trying to promote contactless methods (e.g. the Girocard from the Sparkasse), there are still not many stores or restaurants that actually support these new technologies outside of big chains like Lidl or ALDI. Why should you deal with the hassle of using so many different payment options when you can just stick with cash and call it a day?