The forecasted number of cards with a cash function in France is expected to decrease from 70.73 million units in 2024 to 66.26 million units by 2028. This represents an annual decline, with a compound annual growth rate (CAGR) showing a consistent reduction in card usage over these years.
In 2023, the actual number of these cards was higher, indicating that digital payment solutions and fintech innovations may be influencing a shift away from cash functions.
Future trends to watch for:
- Continued digital transformation affecting traditional cash function cards.
- Emergence of new mobile payment platforms.
- Regulatory changes in the financial sector impacting card usage.
- Evolution of consumer preferences towards more integrated payment solutions.
- Potential economic factors influencing cashless transaction growth.
