From 2014 to 2023, the number of payments by cards with a debit function in France showed a clear upward trend, starting from 4.92 billion units and reaching 10.72 billion units. Despite a slight dip in 2020 due to the pandemic, the number of transactions quickly recovered and demonstrated a year-on-year growth of 3.13% in 2023. Over this period, the Compound Annual Growth Rate (CAGR) varied, culminating in a 2.81% CAGR leading up to 2023.
Looking forward, forecasts suggest a continuation of this upward trajectory, with an expected growth rate of 12.02% over the next five years leading to 2028, supported by a forecasted CAGR of 2.3%. The anticipated increase in transaction volume highlights the ongoing shift toward electronic payment methods.
Future trends to watch for include the integration of advanced payment technologies, increasing security measures, and the broader adoption of digital wallets. Monitoring these developments will be crucial for predicting further growth and identifying potential market opportunities.
