Forecast: Number of E-money Payments in Germany

The number of e-money payments in Germany has shown notable fluctuations over the past decade. From 2013 to 2023, the volume of payments oscillated significantly, with the year 2020 experiencing the most pronounced decline at 18.46%, likely impacted by the COVID-19 pandemic. By 2023, the number of payments stood at 30.99 million units, reflecting a year-on-year decrease of 1.75%. Over the last five years, we observed a compound annual growth rate (CAGR) of -1.54%, indicating a general downtrend.

Forecasts from 2024 onwards predict a continued decline in e-money payments, with the volume expected to decrease to 28.21 million units by 2028, representing a forecast 5-year CAGR of -1.55% and a total forecast 5-year growth rate of -7.51%. This further drop suggests potential stabilization at lower levels.

Future trends to watch for include technological advancements in digital payments, shifts in consumer behavior favoring alternative payment methods, and regulatory changes impacting the e-money sector. Monitoring these factors will be crucial for understanding the ongoing evolution of e-money payments in Germany.