Digital payments landscape in France - statistics & facts
Digital payments in France are dominated by cards, both in POS and online shopping, due to the popularity of Cartes Bancaires. Carte Bancaires or CB - French for "bank cards" - is a domestic card scheme co-branded with Visa and Mastercard. More than half of payment cards issued in France are debit cards, but the French tend to refer to any payment card when using the term "Cartes Bancaires" - including cards not from this brand. The dominance of cards especially shows in French POS, as debit and credit cards together made up more than eight out of 10 transactions in physical stores. Digital wallets are slowly becoming popular in France, most notably in e-commerce. Google Pay was a more popular contactless (tap to pay) payment method in France than Apple Pay.
Digital payments refer to any form of cashless payment, or payments conducted without banknotes or coins, in an online or offline environment. Such payments can include mobile payments - digital payments performed with a mobile device - but also relatively new trends like buy now, pay later (BNPL), cryptocurrency, or instant (real-time) payments. Out of all these digital options, which developments are noteworthy to know about for France?
Digital payments refer to any form of cashless payment, or payments conducted without banknotes or coins, in an online or offline environment. Such payments can include mobile payments - digital payments performed with a mobile device - but also relatively new trends like buy now, pay later (BNPL), cryptocurrency, or instant (real-time) payments. Out of all these digital options, which developments are noteworthy to know about for France?
