France Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend

France Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend

Report Description

In France, digital payments are becoming mainstream, and consumers are taking advantage of convenient and seamless payment methods. The rising market attractiveness encourages fintech companies to enter the French market with innovative prepaid card solutions. Moreover, the French government is taking different initiatives to bring digital transit cards for passengers. PayNXT360 expects that all these factors will act as tailwinds for the growth of the prepaid card market in France in the next four to six quarters.

Partnerships are rising to develop digital instant prepaid gift card solution

The French e-commerce industry provided an impetus to the usage of gift cards among customers. Consequently, the payment service providers and digital gift card providers are collaborating to provide innovative product solutions to attract more customers. For instance,
In April 2021, payment services provider, Nets and gift card provider, Gifted, are collaborating to introduce a digital prepaid gift card solution in France.
With this new offering, consumers can instantly receive the single-use gift card in their wallet.
Moreover, the merchant customers can also integrate these cards into their regular payments system.

PayNXT360 expects that this new innovative solution is convenient for consumers, but the merchants can also quickly onboard these gift cards into their platform. Therefore, the partnership is expected to capture a more extensive customer base in the short to medium term.

Regional transit authority is targeting to issue mobile ticketing service

With the rising need for contactless payments amidst the pandemic, government authorities are introducing mobile ticketing solutions through technology providers. For instance,
In October 2021, the Paris transit authority, IDFM, has decided to introduce the digital version of its Navigo transit card with mobile ticketing solution on Android phones, using HCE technology.
The transit authority is responsible for the management of public transportation such as metro, buses, trains, and trams in the Paris region and also looks after the Navigo fare-collection program.
Notably, the fare cards technology used in the Navigo cards is managed by Calypso Networks Association.

PayNXT360 expects that with the integration of mobile ticketing solutions in the Navigo Cards, more Android users will be able to access these cards, resulting in higher usage of the transit cards in the next four to six quarters.

Western Union partnered with Linxo to launch digital money transfers
In June 2021, Western Union collaborated with France-based budget management and bank account aggregation application, Linxo to enable the Western Union app users to make local and cross-border payments.
The Linxo customers can also use the platform to manage money transfers.
The users can transfer funds through the Western Union bank account or can use the card. Also, this platform can be used to have their funds paid out into several bank accounts and mobile wallets.

According to PayNXT360, the prepaid card market (value terms) in France increased at a CAGR of 5.9% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 6.6%, increasing from US$31.48 billion in 2022 to reach US$40.72 billion by 2026.

This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across retail and corporate consumer segments. In addition, it provides a snapshot of consumer behaviour and retail spend dynamics in France. With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
Market dynamics: Provides a comprehensive view on size and structure, industry dynamics, market trends, consumer attitude and behaviour, and competitive landscape in prepaid card and digital wallet industry in France.
Digital wallet segments: Provides value, volume and average value per transaction across 5 key spend categories in digital wallet. This includes retail, travel, entertainment and gaming, restaurant, and recharge and bill payment.
Open loop and closed loop prepaid cards: market estimates and forecasts to assess opportunities 13 open loop and closed loop prepaid market segments. Details four essential KPIs – number of cards in circulation, number of transactions, load value, and value of transactions.
Consumer attitude and behaviour: Drawing from proprietary survey results, this report identifies and interprets key prepaid KPIs, including spend by age, gender, and income level.
Retail spend: Breaks down retail spend across 11 categories to provide detailed insights on consumer behaviour and changing dynamics of prepaid card spend.

Scope

This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across retail and corporate consumer segments. In addition, it provides a snapshot of consumer behaviour and retail spend dynamics in France. With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

France Digital Wallet Market Size and Forecast
Transaction Value Trend Analysis
Transaction Volume Trend Analysis
Average Value per Transaction

France Digital Wallet Market Size and Forecast by Key Segments
Retail Shopping (Value, Volume, Avg. Value)
Travel (Value, Volume, Avg. Value)
Entertainment and Gaming (Value, Volume, Avg. Value)
Restaurant (Value, Volume, Avg. Value)
Recharge and Bill Payment (Value, Volume, Avg. Value)

France Prepaid Card Industry Market Attractiveness
Load Value Trend Analysis
Transaction Value Trend Analysis
Transaction Volume Trend Analysis
Average Value per Transaction
Number of Cards

Market Share Analysis by Functional Attributes – Open Loop vs. Closed Loop, 2016 – 2025

Market Share Analysis by Prepaid Card Categories

France Open Loop Prepaid Card Future Growth Dynamics, 2016 – 2025
Transaction Value Trend Analysis
Transaction Volume Trend Analysis
Average Value per Transaction
Number of Cards

France Closed Loop Prepaid Card Future Growth Dynamics, 2016 – 2025
Transaction Value Trend Analysis
Transaction Volume Trend Analysis
Average Value per Transaction
Number of Cards

France Prepaid Card Consumer Usage Trends
By Age Group
By Income Group
By Gender

France General Purpose Prepaid Card Market Size and Forecast

France Gift Card Market Size and Forecast
Gift Card Market Size and Forecast by Functional Attribute
By Open Loop Gift Card
By Closed Loop Gift Card
Gift Card Market Size and Forecast by Consumer Segments
By Retail Consumer Segment
By Corporate Consumer Segment
Gift Card Market Share Analysis by Retail Categories
Gift Card Market Share Analysis by Gifting Occasion
Gift Card Market Share Analysis by Purchase Location

France Entertainment and Gaming Prepaid Card Market Size and Forecast

France Teen and Campus Prepaid Card Market Size and Forecast
Teen and Campus Prepaid Card Market Size and Forecast by Functional Attribute
By Open Loop Teen and Campus Prepaid Card
By Closed Loop Teen and Campus Prepaid Card

France Business and Administrative Expense Prepaid Card Market Size and Forecast
Business and Administrative Expense Prepaid Card Market Size and Forecast by Consumer Segments
By Small Scale Business Segment
By Mid-Tier Business Segment
By Enterprise Business Segment
By Government Segment

France Payroll Prepaid Card Market Size and Forecast
Payroll Prepaid Card Market Size and Forecast by Consumer Segments
By Small Scale Business Segment
By Mid-Tier Business Segment
By Enterprise Business Segment
By Government Segment

France Meal Prepaid Card Market Size and Forecast
Meal Prepaid Card Market Size and Forecast by Consumer Segments
By Small Scale Business Segment
By Mid-Tier Business Segment
By Enterprise Business Segment
By Government Segment

France Travel Forex Prepaid Card Market Size and Forecast
Travel Forex Prepaid Card Market Size and Forecast by Consumer Segments
By Retail
By Small Scale Business Segment
By Mid-Tier Business Segment
By Enterprise Business Segment
By Government Segment

France Transit and Tolls Prepaid Card Market Size and Forecast

France Healthcare and Wellness Prepaid Card Market Size and Forecast

France Social Security and Other Government Benefit Programs Prepaid Card Market Size and Forecast

France Fuel Prepaid Cards Market Size and Forecast

France Utilities, and Other Prepaid Cards Market Size and Forecast

Reasons to buy
In-depth understanding of prepaid card and digital wallet market dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 75+ market segments and sub-segments of prepaid payment instrument in France.
Develop market specific strategies: Identify growth segments and target specific opportunities to formulate your prepaid card and digital wallet strategy; assess market specific key trends, drivers and risks in the industry.
Get insights into consumer attitude and behaviour: Understand changing consumer attitude and behaviour and boost ROI. Get detailed insights into retail spend through prepaid cards and digital wallets.