The Most Popular Mobile Payment Brands in 2023

In the 21st century, the latest trends suggest that people from all over the world have shifted towards contactless payments and no longer prefer cash payments to carry out purchases or during business transactions. This shift is also seen in German payment landscape. Apart from businesses, the general public also prefers contactless payments and making payments according to digital trends rather than relying on cash. Here are some of the top mobile payment brands that are particularly popular in Germany in 2023:

1.Google Pay

Google Pay has gained widespread acceptance in Germany and is available on most Android devices. Its seamless integration with existing Google services and support from a variety of banks have contributed to making Google Pay a preferred choice for German consumers.

2. PayPal

PayPal remains a leading choice for online payments in Germany. With a strong presence in the e-commerce sector and a simple peer-to-peer payment function, PayPal continues to be a trusted brand for German consumers. The option to link PayPal with a bank account adds to its convenience.

3. Apple Pay

Apple Pay is steadily gaining popularity in Germany. Its integration with various banks and retailers, along with the security features synonymous with Apple, has led to an increasing number of German consumers choosing Apple Pay for their purchases. It is supported on various devices, including Apple Watch, iPad, Mac, and iPhone. Being entirely digitized, it serves as an optimal contactless point of sale, replacing the need for a physical credit or debit card.

4. Klarna

Klarna has become a popular choice for German consumers, particularly in the e-commerce sector. The Klarna app not only offers secure payment options but also additional features like “Klarna Checkout” for a seamless shopping experience. Klarna also allows users to pay for their purchases in installments, providing flexibility in the payment process.

5. Sparkassen-Apps

The Sparkassen, a significant banking group in Germany, has developed its own mobile banking apps that also facilitate mobile payments. These apps not only provide payment functions but also offer a comprehensive overview of financial matters, making them appealing to German consumers.