Girocards are often also referred to as EC cards. In 2020, there are around 100 million of these cards in Germany. In retail shops, they represent a hygienic, faster and secure alternative to cash payments.
No mistakes when giving change, no problems with counterfeit money – these are just a few of the benefits at the POS.
High market coverage in GermanyIn 2020, around 100 million girocards are in use by approximately 80 million German residents. This equates to at least one per person.
The high security standards of the German credit industry mean that girocard is particularly trustworthy.