EC and credit cards on the brink of extinction: the changeover leads to a decisive disadvantage for bank customers

The simple reason: With credit cards in use for years, many bank customers have accumulated large amounts of data. These would now disappear as a result of their exit, as reported by the financial scene. Less data therefore means less solvency for consumers.

According to the report, however, Schufa’s score will not deteriorate dramatically. However, it is “noticeable”.

Also important for bank customers: Many retailers in Germany currently do not accept the new debit cards as a method of payment. You can find out why here.

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