As of 2023, the number of branches or offices of payment services providers to non-banks in Germany was recorded at 28.32 thousand. The forecasted data from 2024 to 2028 indicates a gradual decline in the number of branches, with values starting at 27.65 thousand in 2024 and decreasing to 25.11 thousand by 2028. Year-on-year percentage declines average around 2-3%, illustrating a consistent reduction in the physical presence of these providers. The five-year compound annual growth rate (CAGR) suggests an average annual decrease of around 2.3% over this period.
Future trends to watch for include the increasing shift towards digital banking solutions, which may further reduce the need for physical branches. Additionally, regulatory changes and technological advancements could significantly impact the operational landscape of payment services providers.
