Card Acceptance Fees: How Are They Changing for German Retailers?

06th May 2021
Martha Southall
Martha Southall

Local card schemes, evolving customer preferences, and regulatory differences all serve to make the European payments landscape a fractured one. In the last 5 years we have only seen this heightened, with market-specific changes to the fees levied by international card networks generating significant variation in costs by country, regional classification, and channel.

As the European picture grows in complexity, pan-European merchants are forced to be increasingly domestic in their approach to payments acceptance. 

In this report, we consider the German market specifically. Whilst Germany is symptomatic of the European trend of rising acceptance costs, German merchants have a host of additional considerations to navigate, from Girocard to the rapid expansion of Buy Now Pay Later. Our report looks to understand what the last 5 years of fee changes has meant for them – and whether 2021 will be any different.

Read the Full Report Below:

Card Acceptance Fees – How Are They Changing for German Ret…

To read the report in German please click here.

You Might Also Be Interested In These...

The RBA’s Review of Payments Regulation: 5 Considerations for Australian Merchants

We bring the focus back to individual merchants, and outline the 5 top considerations for retailers looking to make the most of each change.

Read More >
Strong Customer Authentication (SCA) – Impact Assessment – March 2021

Our analysis of March data illustrates significant transaction failure with the estimated European failure rate on transactions at 30% compared to 31% in February 2021.

Read More >
The Eftpos-BPAY-NPPA Merger: What Could it Mean for Australian Merchants?

In December 2020, Australia’s three domestic payment schemes announced their intention to merge under the unified entity “NewCo”.

Read More >
COVID-19: The Catalyst That Put Payments at the Top of the Agenda for Merchants

The COVID-19 pandemic has proved to be a huge catalyst for change. In this article, we identify and analyse three main areas in which we’ve seen change in merchant payments.

Read More >
Read more insights from the payments experts