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Paying with cash or debit card less costly than with credit card Costs of data disclosure recorded for the first time
Paying with cash or a debit card is the cheapest payment method for consumers in Germany. Cash incurs the lowest costs per payment transaction, while debit cards are cheapest in relation to the amount of money spent. Paying with a credit card is in any case considerably more expensive. These are the conclusions drawn by a study entitled “Costs of cash and card payments from a consumer perspective”, which was carried out on behalf of the Deutsche Bundesbank.
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