In 2023, the number of cards with a cash function per inhabitant in Italy stood at approximately 1.60. From 2024 to 2028, a steady year-on-year increase is projected, with values rising from 1.63 to 1.77. This corresponds to an annual growth of about 2% on average, reflecting a growing preference for digital cash transactions.
Future trends to watch for include:
- Adoption of digital-only banking solutions could influence the number of cash function cards.
- Regulatory changes in the financial sector may impact card usage and availability.
- Technological advancements might replace traditional cards, influencing growth patterns.