Digital Wallet Platform In European Countries
Every European country has its own way of paying money. Visa, Mastercard and PayPal are popular payment methods in many parts of the world, but Europe stands out because of its diversity when it comes to the use of online and offline payments. This can be seen, for example, when you look at the use of cash money in Europe . According to numbers from the European Central Bank (ECB), consumers from Malta, Cyprus, Greece or Spain were more likely to pay with cash in a shop or restaurant than their Estonian, Finnish or Belgian counterparts. A second example which highlights the difference in payment behavior presents itself when looking at the total number of debit card payments in Europe . Whilst the highest use of debit cards was recorded in the United Kingdom, with over 17 billion transactions, Germany recorded 3.3 billion transactions, which was less than Poland and the Netherlands. In Western Europe, it's common to pay with credit or debit cards for either offline...