By 2023, the number of payments by cards with a credit function in Switzerland reached a significant figure. Forecast data for the period from 2024 to 2028 indicates progressive growth: 580.7 million units in 2024, 602.91 million in 2025, 624.67 million in 2026, 645.99 million in 2027, and 666.89 million in 2028. The year-on-year percentage variation shows an increasing trend, reflecting a robust growth trajectory in credit card usage. Specifically:
- From 2024 to 2025, the amount increased by 3.83%.
- From 2025 to 2026, it saw a 3.60% rise.
- From 2026 to 2027, growth was 3.42%.
- From 2027 to 2028, there was a 3.24% increase.
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 averages around 3.52% per year. These figures suggest a consistent and healthy market expansion in the volume of credit card transactions in Switzerland.
Future trends to watch include the impact of digital transformation, such as mobile payments and blockchain technologies, on card usage. Additionally, consumer behavior changes, influenced by economic conditions and technological advancements in secure payments, may further shape the growth trajectory beyond 2028.
