The ‘France Cards and Payments: Opportunities and Risks to 2029' report provides detailed analysis of market trends in the French cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, cash, credit transfer, direct debits, and cheques during the review-period (2020-24e).
The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2025f-29f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.
The report brings together the analyst’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.
The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2025f-29f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.
The report brings together the analyst’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.
The ‘France Cards and Payments: Opportunities and Risks to 2029' report provides top-level market analysis, information and insights into the French cards and payments industry, including:
- Current and forecast values for each market in the French cards and payments industry, including debit, credit and charge cards.
- Detailed insights into payment instruments including cards, cash, credit transfer, direct debits, and cheques. It also, includes an overview of the country's key alternative payment instruments.
- Ecommerce market analysis.
- Analysis of various market drivers and regulations governing the French cards and payments industry.
- Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
- Comprehensive analysis of consumer attitudes and buying preferences for cards.
- The competitive landscape of the French cards and payments industry.
Key Highlights
- In October 2024, the French Government introduced the National Retail Payments Strategy 2025-30 to enhance payment adoption and infrastructure, building on the 2024-29 strategy which focuses on modernizing payment systems, enhancing security, and promoting innovation in retail payment. Key goals include enhancing security, expanding payments (such as instant and contactless payments), promoting digitalization, ensuring cross-border efficiency, and preparing for a digital euro. It also emphasizes sustainability and maintaining cash accessibility. The strategy aims to strengthen France’s role in European payments, while ensuring a secure and inclusive system.
- Contactless payments are also being extended to the public transportation sector. According to CB, approximately 30.4 million French individuals use urban public transport, with 17% of people regularly utilizing public transportation. To capitalize on this, in March 2024, Kuba, a provider of integrated ticketing solutions, partnered with La Banque Postale to introduce a contactless fare payment system in Orleans; allowing commuters to use bank cards and digital wallets for contactless transactions across bus and tram networks. This follows a similar initiative in February 2024 by Tisseo, Toulouse’s public transport network, which integrated contactless payments across all its services, including metro, tram, bus, cable car, and airport shuttle.
- The European Payments Initiative (EPI) announced the launch of a digital wallet called Wero in September 2023. The platform is accessible through EPI-associated member bank apps and mobile apps. In September 2024, the EPI introduced Wero in France. Users can securely verify their mobile devices and link their bank accounts in the Wero application to make payments. Currently, the platform supports P2P fund transfers that can be completed within 10 seconds using phone numbers, app-generated QR codes or email addresses. Additional features, including online and POS payments, are expected to be added by the end of 2025. Furthermore, various options, such as buy now pay later (BNPL), loyalty program integration, and shared spending features will be added by 2026.
Scope
- Card market size in terms of number of cards, value and volume of transactions in the France along with detailed card segmentation of debit, credit and charge cards available in the country.
- Market sizing and analysis of major payment instruments including cards, cash, credit transfer, direct debits, and cheques.
- Payment market trends and growth for both historical and forecast period
- Competitor analysis with detailed insights into leading card issuers and schemes.
- Comprehensive analysis of consumer attitudes and buying preferences for cards.
- A detailed snapshot of country's key alternative payment brands.
Reasons to Buy
- Make strategic business decisions, using top-level historic and forecast market data, related to the France cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in the France cards and payments industry.
- Assess the competitive dynamics in France cards and payments industry.
- Gain insights into marketing strategies used for various card types in France.
- Gain insights into key regulations governing the France cards and payments industry.
Table of Contents
1. Executive Summary2. Market Overview
3. Payment Instruments
4. Card-Based Payments
5. Merchant acquiring
6. Ecommerce Payments
7. In-store Payments
8. Buy Now Pay Later
9. Mobile Payments
10. P2P Payments
11. Bill Payments
12. Alternative Payments
13. Payment Innovation
14. Job Analysis
15. Payment Infrastructure and Regulation
16. Appendix
List of Tables
- Key facts, 2024
- Benchmarking of payment cards, 2024
- Payment instrument transaction values (LCU), 2020-29f
- Payment instrument transaction values ($), 2020-29f
- Payment instrument transaction volumes (units), 2020-29f
- Payment cards in circulation by type (units), 2020-29f
- Volume of payment card transactions (units), 2020-29f
- Value of payment card transactions (LCU), 2020-29f
- Value of payment card transactions ($), 2020-29f
- Debit cards in circulation (units), 2020-29f
- Debit card transaction volumes, 2020-29f
- Debit card transaction values (LCU), 2020-29f
- Debit card transaction values ($), 2020-29f
- Debit cards in circulation by scheme (units), 2020-24e
- Debit card transaction values by scheme (LCU), 2020-24e
- Debit card transaction values by scheme ($), 2020-24e
- Debit cards in circulation by issuer (units), 2020-24e
- Debit cards transaction value by issuer (LCU), 2020-24e
- Debit cards transaction value by issuer ($), 2020-24e
- credit and charge cards in circulation (units), 2020-29f
- credit and charge card transaction volumes, 2020-29f
- credit and charge card transaction values (LCU), 2020-29f
- credit and charge card transaction values ($), 2020-29f
- credit and charge cards in circulation by scheme (units), 2020-24e
- credit and charge card transaction values by scheme (LCU), 2020-24e
- credit and charge card transaction values by scheme ($), 2020-24e
- credit and charge cards in circulation by issuer (units), 2020-24e
- credit and charge cards transaction value by issuer (LCU), 2020-24e
- credit and charge cards transaction value by issuer ($), 2020-24e
- Credit cards in circulation (units), 2020-29f
- Credit card transaction volumes, 2020-29f
- Credit card transaction values (LCU), 2020-29f
- Credit card transaction values ($), 2020-29f
- Credit cards in circulation by scheme (units), 2020-24e
- Credit card transaction values by scheme (LCU), 2020-24e
- Credit card transaction values by scheme ($), 2020-24e
- Credit cards in circulation by issuer (units), 2020-24e
- Credit cards transaction value by issuer (LCU), 2020-24e
- Credit cards transaction value by issuer ($), 2020-24e
- charge cards in circulation (units), 2020-29f
- charge card transaction volumes, 2020-29f
- charge card transaction values (LCU), 2020-29f
- charge card transaction values ($), 2020-29f
- charge cards in circulation by scheme (units), 2020-24e
- charge card transaction values by scheme (LCU), 2020-24e
- charge card transaction values by scheme ($), 2020-24e
- merchant acquiring transaction volumes (units), 2020-29f
- merchant acquiring transaction values (LCU), 2020-29f
- merchant acquiring transaction values ($), 2020-29f
- acquirers’ transaction volumes (units), 2020-24e
- acquirers’ transaction values (LCU), 2020-24e
- acquirers’ transaction values ($), 2020-24e
- retail outlets and card-accepting merchants (units), 2020-29f
- debit card average interchange fees (%), 2020-24e
- credit and charge card average interchange fees (%), 2020-24e
- debit card merchant service charge and interchange fee (%), 2020-29f
- credit and charge card merchant service charge and interchange fee (%), 2020-29f
- retail market by product categories (LCU), 2020-29f
- retail market by product categories ($), 2020-28f
- retail market by service categories (LCU), 2018-22
- retail market by service categories ($), 2018-22
- Inflation rate
- GDP growth rate
- Payment instruments transaction value and volume
- Instant payments transaction value and volume
- Card penetration
- Card payments by value
- Debit card frequency of payments and average transaction value
- Debit card schemes transaction value and volume
- Debit card issuers by number of cards and transaction value
- Credit and charge card frequency of payments and average transaction value
- Credit and charge card schemes transaction value and volume
- Credit and charge card issuers by number of cards and transaction value
- Credit card debt
- Contactless card holding and usage in detail
- Merchant acquiring of payment card transaction value and volume
- Merchant acquiring of payment card transaction value and volume by company type
- Retail product by catagories transaction value and year-on-year grouth
- Retail services by catagories transaction value and year-on-year grouth
- E-commerce transaction value and ecommerce breakdown by mobile vs. desktop/laptop
- Ecommerce market by product and services
- Ecommerce market by paymnet tools
- Factors driving in-store payments and In-store transaction value by payment method
- In-store transaction value by products and services
- BNPL service used in the last six months and Preferred BNPL brand/tool for in-store payments
- BNPL online transaction value and transaction volume
- BNPL share of overall ecommerce transaction value and preferred BNPL brand/tool for online payments
- Digital wallet transaction value and volume
- Digital wallet funding methods, Digital wallet preference by product/service and Digital wallet ownership by brand
- Domestic and international P2P money transfers
- Paymnet tool preference for bill payment and bill paymnet frequency
- Active jobs intensity in the country
- Number of POS terminals and ATMs
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Groupe BPCE
- BNP Paribas
- Credit Agricole
- Societe Generale Group
- La Banque Postale
- Carrefour Banque
- BNP Paribas
- HSBC
- Cartes Bancaires
- Visa
- American Express
- Mastercard
