The number of cards with a delayed debit function in France stood at 6.8 million units in 2023. This marked a decline of 9.47% from the previous year, continuing a downward trend over recent years. The compound annual growth rate (CAGR) over the last five years has been -8.42%, indicating a consistent decrease. Over the longer term since 2013, the market saw significant volatility with occasional growth, but the general trend has been a decline.
The forecasted data from 2024 onward shows a continued decline, with a CAGR of -12.46% expected over the next five years, and an anticipated decrease to 3.11 million units by 2028. This suggests a nearly 50% drop from 2023 levels.
Future trends to watch for include:
- The impact of digital payment solutions and increasing adoption of new payment technologies.
- Consumer behavior shifts towards more immediate payment methods.
- Regulatory changes affecting the use of delayed debit cards.