Suche
Mein Konto
Cashless payment: Oktoberfest pioneers rely on digital trends!
Munich is modernizing the method of payment: cashless payments are taking over the Oktoberfest, especially in the Armbrustschützen tent.
Cashless payment: Oktoberfest pioneers rely on digital trends!
In Cologne, the switch to cashless payment methods is becoming more and more prevalent, as was recently made clear in the crossbow rifle tent at the Oktoberfest in Munich. The tent has now equipped its staff with mobile card readers to make paying easier for guests. In the “Münchner Stubn” cash only is cashless. This is reported by the South German newspaper. Landlord Kathrin Wickenhäuser-Egger sees the reasons for this step primarily in the sharp decline in cash payments.
International guests in particular and the local population are increasingly turning to digital payment methods. The advantages are obvious: no need for change, faster billing and the elimination of external service providers for cash collection make cashless payment transactions attractive. The risk of counterfeit money is also a thing of the past.
The rise of cashless payments
But how does that actually work? Cashless payments are usually made by simply holding a credit or debit card and a smartphone to a card reader without having to swipe the device. In Germany, the GiroCard is the most widely used cashless payment method. For payments up to an amount of 25 euros, it is often not necessary to enter a PIN. Experts confirm this Pay Heroes.
But it's not just credit cards and debit cards that are on the rise. Prepaid cards, smartphones with NFC technology and online payment systems such as PayPal are also becoming increasingly important. The corona pandemic has further accelerated this trend. However, older people often show reservations about cashless payments, which indicates that the change is not equally easy for all population groups.
Advantages and disadvantages at a glance
Of course, cashless payments also come with challenges. Security is a central issue because technical problems or data theft can seriously disrupt transactions. Despite the many advantages, such as saving time and having fewer cash on hand, there are also risks, such as possible debt due to confusing expenses. These facts are particularly frequently pointed out: Cashless payments are not suitable for everyone and access can be limited, as shown on Sciodoo is treated.
Overall, however, cashless payment has proven to be extremely practical and offers many advantages to both providers and customers. It will be interesting to see the end result as more and more Cologne restaurateurs take this step and join the trend.