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title
Preferred payment methods of Europeans and their levels of security - SlimPay
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Although we have a single currency and common payment instruments in Europe, cultures and habits remain essentially local when it comes to payment. Although preferred payment methods can vary from one country to another, it is interesting to note that all consumers have similar concerns, the foremost of these being security. Discover the preferred payment methods of Europeans. Different preferences, similar concerns In Germany, direct debit has been the primary payment method for many years, while in France bank card payments surpassed payments by check in 2005. France and England, however, remain the largest users of checks in Europe. The world leader in payment by check is the United States, with 80 checks per inhabitant per year. Certain countries, like Belgium, have even managed to completely eliminate payments by check, which were considered obsolete and too costly for all involved parties in the market. Other countries, like Spain and ...
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