Based on the data, the number of cheque payments in France stood at 1.25 billion units in 2023. Moving forward, France is expected to experience a steady decline in cheque payments from 2024 to 2028. Specifically, from 2024 to 2025 there is a -9.73% drop, from 2025 to 2026 a -10.39% decrease, from 2026 to 2027 a -11.63% decline, and from 2027 to 2028 an -12.88% reduction. Observing the five-year period from 2024 to 2028, the CAGR reflects an average annual decrease of approximately -13.57%.
Future trends to watch for include the increasing adoption of digital payment methods such as mobile payments and contactless cards. This shift is likely driven by technological advancements and changing consumer preferences. Additionally, regulations promoting digital financial transactions may further accelerate the decline in cheque usage.
