Smart functions and services offer real added value at the POS. When paying and beyond.
Card payments are now the absolute standard at the checkout. According to a study by infas quo on behalf of EURO Kartensysteme, six out of ten customers prefer card pay by card when shopping in-store. Not only are they paying by card more and more frequently, they are also paying smaller amounts card contactless, conveniently, and quickly. Particularly popular: paying with a smartphone or smartwatch via the digital girocard. For the retail sector , girocard retail sector girocard not only a key payment instrument, but also an important part of a modern shopping experience.
The debit card issued by German banks and Sparkassen an integral part of everyday payment transactions. It is the most widely used payment card in Germany and is highly accepted in retail sector. It supports cashless payment services strengthens the retail sector efficient payment processing. It also scores highly in terms of security: 84 percent of merchants consider payment with girocard to be secure, according to a study by infas quo on behalf of EURO Kartensysteme. So when merchants accept card payments, especially girocard payments, they benefit from numerous advantages. One of the most important of these is comprehensive market coverage, as almost everyone in Germany has at least one of these cards in their wallet.
Whether you use the traditional method with a card and PIN or the particularly fast method by holding your card up to the terminal, paying at the POS is girocard straightforward with girocard . But this popular debit card isn't just for making payments—customers can also withdraw cash at the same time.
This function is very popular: when paying at the checkout, many retailers - such as supermarkets, drugstores and petrol stations - offer the option of taking cash with the purchase.
For consumers, this means greater flexibility in their everyday lives. For the retail sector , this service retail sector added value that strengthens customer loyalty—at no additional cost.
Another function girocard the POS is online age verification. Retailers who sell products with legal age restrictions—such as tobacco products or alcoholic beverages—will in future be able to have the age of their customers checked directly during the payment process. The check is carried out online via the terminal, without the need for additional identification documents. Technically, the function is based on a query of the date of birth provided by the card-issuing institutions. For merchants, this means legal certainty and a more efficient checkout process. For consumers, it means greater convenience with the same high standard of data protection. Online age verification is currently being piloted on tobacco vending machines.
However, it is not only important to continue strengthening the position girocard the POS. Customer requirements are growing—they want the payment process to be as convenient, secure, and fast as possible.
The retail sector now also retail sector different needs and wants to offer consumers new payment solutions, such as in-app payments or bonus programs. On behalf of the German Banking Industry Committee, EURO Kartensysteme is therefore working to make girocard fit for the future beyond its use at the POS.
Further information on the planned new functionalities can be found here.
EURO Kartensysteme GmbH
Solmsstraße 6
60486 Frankfurt am Main
