In 2023, the value of payments by cards with a debit function in Switzerland stood at 57.41 billion US dollars. Moving into forecasted data from 2024 to 2028, the values are projected to increase steadily each year. From 2024, the value is expected to be 58.55 billion USD, growing annually to reach 63.19 billion USD by 2028.
Year-on-year variations reflect a consistent upward trend:
- 2024: 1.98%
- 2025: 2.03%
- 2026: 1.98%
- 2027: 1.89%
- 2028: 1.80%
The compound annual growth rate (CAGR) over this five-year period is approximately 1.92%, indicating a stable growth trajectory.
Future trends to watch for in the Swiss payments landscape include the increasing penetration of digital and contactless payment technologies, regulatory changes, and evolving consumer preferences toward cashless transactions. Additionally, any economic fluctuations or shifts in consumer spending habits will also be critical to monitor.
