The forecast for cheque payments per inhabitant in Italy indicates a significant decline from 2024 to 2028. In 2024, the forecasted number is 1.08, dropping to just 0.13 by 2028. This decline reflects a year-on-year decrease of 22% in 2025, 29% in 2026, 40% in 2027, and 64% in 2028, with a compound annual growth rate (CAGR) of -38% over this five-year period. This trend signals an accelerating transition away from traditional cheque usage.
Future trends to watch for include the increased adoption of digital payment methods, further reduction in cheque processing infrastructure, and potential regulatory changes that could impact the use of cheques. Monitoring these trends will be crucial for financial institutions adapting to the evolving payment landscape.
