The number of cards with a debit function in Switzerland was recorded at 11.30 million units in 2023. Forecasted values indicate a steady annual growth: 11.42 million units in 2024, 11.55 million in 2025, 11.67 million in 2026, 11.79 million in 2027, and 11.9 million in 2028. The year-on-year growth rates are approximately 1.06% from 2024 to 2025 and 1.04% from 2025 to 2026. The compound annual growth rate (CAGR) from 2023 to 2028 is about 1.04%, indicating a stable upward trend in the adoption of debit function cards.
Future trends to watch for include the potential impact of digital banking innovations and fintech solutions on physical debit card issuance. Additionally, shifts in consumer payment preferences towards mobile and contactless payments could influence the growth dynamics of debit cards.