In 2023, the value of credit transfers in France stood at approximately 27.56 trillion US dollars. From 2024 onwards, forecasts indicate a slight decline each year, with the value reaching 27.065 trillion US dollars by 2028. This represents a minor, yet consistent decrease in the value over the four-year period. Year-on-year variations suggest minimal declines averaging around 0.3% annually.
Based on the projected data, potential trends to monitor include:
- Increasing competition in digital payments and fintech solutions that might impact traditional credit transfers.
- Regulatory changes in the EU’s financial sector that could influence cross-border transactions.
- Economic factors such as GDP growth and consumer spending that may affect overall payment volumes.