Germany Hits Record High in Cashless Payments with Girocard

In 2024, Germans made 7.9 billion card transactions, driven by contactless technology and smaller payment amounts.

Card transactions in Germany reached a record 7.9 billion in 2024, a 5.6% increase from the previous year.
The total value of transactions using Girocards was €307 billion, up nearly 1% from 2023.
The average transaction amount dropped below €40 for the first time, reflecting increased use for smaller purchases.
Contactless payments accounted for 86.8% of Girocard transactions by December 2024, marking a new high.
The widespread adoption of contactless technology, accelerated during the COVID-19 pandemic, is supported by over 1.2 million payment terminals in Germany.