The number of branches or offices of payment services providers to non-banks in Italy is projected to decrease steadily from 35.02 thousand in 2024 to 32.6 thousand in 2028. This marks a consistent annual decline, with a year-on-year decrease of approximately 1.77% in 2025 and an average annual decline rate (CAGR) of about 1.79% over the five-year period. In 2023, this number stood at 35.6 thousand, indicating a downward trend in the presence of physical branches.
Future trends to watch for include increased digitization and adoption of remote banking services, which may continue to impact the necessity for physical branches. Regulatory changes and shifts in consumer behavior towards digital solutions could further influence this trend.
