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Switzerland Cards and Payments: Opportunities and Risks to 2029

Publisher GlobalData
Published Apr 24, 2025
Length 65 Pages
SKU # GBDT20043790

Description

Switzerland Cards and Payments: Opportunities and Risks to 2029

Summary

GlobalData’s ‘Switzerland Cards and Payments: Opportunities and Risks to 2029' report provides detailed analysis of market trends in the Switzerland cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, credit transfers, cash, 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 GlobalData’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.

GlobalData’s ‘Switzerland Cards and Payments: Opportunities and Risks to 2029' report provides top-level market analysis, information and insights into the Switzerland cards and payments industry, including -
  • Current and forecast values for each market in the Switzerland cards and payments industry, including debit, credit and charge cards.
  • Detailed insights into payment instruments including cards, credit transfers, cash, 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 Switzerland 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 Switzerland cards and payments industry.
Key Highlights
  • The SIC5 Instant Payment system is an additional to the Swiss Interbank Clearing (SIC) system launched by SIX and the SNB. The system launched its first phase on November 17, 2023, with necessary technical conditions for immediate payments. The second phase was launched for banks on August 20, 2024. Operating 24/7 and 365 days a year, SIC5 enables real-time fund settlements within 10 seconds and supports account-to-account transactions. By August 2024, nearly 70 banks, representing over 95% of customer payments in Switzerland, were equipped to receive instant payments.
  • Amid evolving consumer preferences, Switzerland is shifting towards a ‘less cash’ society. Switzerland’s near-100% adult banked population, the launch of instant payments, and the growing adoption of mobile payments are reducing the share of cash. Concurrently, the SNB initiated a pilot project in December 2023 to explore the development of a digital currency. The participating banks included Banque Cantonale Vaudoise (BCV), Basler Kantonalbank, Commerzbank, Hypothekarbank Lenzburg, UBS, and Zürcher Kantonalbank. In June 2024, the SNB announced its decision to extend Project Helvetia III, its wholesale central bank digital currency (CBDC) pilot, for an additional two years.
  • The integration of contactless payments into the public transportation system has significantly hastened their adoption. In December 2022, SwissPass, a travel card for public transport, introduced a contactless feature. This enhancement allows users to purchase public transport tickets without the need for cash at all sales points and ticket vending machines. To acquire a SwissPass card, passengers may register online. They can then complete transactions by tapping their contactless card at the payment terminal.
Scope
  • Card market size in terms of number of cards, value and volume of transactions in the Switzerland 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, credit transfers, cash, 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 Switzerland cards and payments industry and each market within it.
  • Understand the key market trends and growth opportunities in the Switzerland cards and payments industry.
  • Assess the competitive dynamics in the Switzerland cards and payments industry.
  • Gain insights into marketing strategies used for various card types in Switzerland.
  • Gain insights into key regulations governing the Switzerland cards and payments industry.

Table of Contents

65 Pages
  • Executive Summary
    • Switzerland: Key facts, 2024e
    • Switzerland: Benchmarking of payment cards, 2024e
    • Instant Payments
    • Payment Cards: Market Sizing and Forecasting
    • Debit Cards: Market Sizing and Forecasting
    • Debit Cards: Schemes
    • Debit Cards: Issuers
    • Credit and Charge Cards: Market Sizing and Forecasting
    • Credit and Charge Cards: Schemes
    • Credit and Charge Cards: Issuers
    • Prepaid Cards: Market Sizing and Forecasting
    • Ecommerce: Market Sizing and Forecasting
    • Alternative Payments: Payment Solutions
  • Payment Innovations
  • Job Analysis
    • POS Terminals and ATMs
    • Regulatory Environment
    • Switzerland: payment instrument transaction values (CHF billions), 2020-29f
    • Switzerland: payment instrument transaction values ($ billions), 2020-29f
    • Switzerland: payment instrument transaction volumes (millions), 2020-29f
    • Switzerland: payment cards in circulation by type (000s), 2020-29f
    • Switzerland: volume of payment card transactions (millions), 2020-29f
    • Switzerland: value of payment card transactions (CHF billions), 2020-29f
    • Switzerland: value of payment card transactions ($ billions), 2020-29f
    • Switzerland: debit cards in circulation (millions), 2020-29f
    • Switzerland: debit card transaction volumes, 2020-29f
    • Switzerland: debit card transaction values (CHF), 2020-29f
    • Switzerland: debit card transaction values ($), 2020-29f
    • Switzerland: debit cards in circulation by scheme (millions), 2020-24e
    • Switzerland: debit card transaction values by scheme (CHF billions), 2020-24e
    • Switzerland: debit card transaction values by scheme ($ billions), 2020-24e
    • Switzerland: debit cards in circulation by issuer (millions), 2020-24e
    • Switzerland: debit cards transaction value by issuer (CHF billions), 2020-24e
    • Switzerland: debit cards transaction value by issuer ($ billions), 2020-24e
    • Switzerland: credit and charge cards in circulation (millions), 2020-29f
    • Switzerland: credit and charge card transaction volumes, 2020-29f
    • Switzerland: credit and charge card transaction values (CHF), 2020-29f
    • Switzerland: credit and charge card transaction values ($), 2020-29f
    • Switzerland: credit and charge cards in circulation by scheme (millions), 2020-24e
    • Switzerland: credit and charge card transaction values by scheme (CHF billions), 2020-24e
    • Switzerland: credit and charge card transaction values by scheme ($ billions), 2020-24e
    • Switzerland: credit and charge cards in circulation by issuer (000s), 2020-24e
    • Switzerland: credit and charge cards transaction value by issuer (CHF billions), 2020-24e
    • Switzerland: credit and charge cards transaction value by issuer ($ billions), 2020-24e
    • Switzerland: credit cards in circulation (millions), 2020-29f
    • Switzerland: credit card transaction volumes, 2020-29f
    • Switzerland: credit card transaction values (CHF), 2020-29f
    • Switzerland: credit card transaction values ($), 2020-29f
    • Switzerland: credit cards in circulation by scheme (millions), 2020-24e
    • Switzerland: credit card transaction values by scheme (CHF billions), 2020-24e
    • Switzerland: credit card transaction values by scheme ($ billions), 2020-24e
    • Switzerland: charge cards in circulation (000s), 2020-29f
    • Switzerland: charge card transaction volumes, 2020-29f
    • Switzerland: charge card transaction values (CHF), 2020-29f
    • Switzerland: charge card transaction values ($), 2020-29f
    • Switzerland: charge cards in circulation by scheme (000s), 2020-24e
    • Switzerland: charge card transaction values by scheme (CHF millions), 2020-24e
    • Switzerland: charge card transaction values by scheme ($ millions), 2020-24e
    • Switzerland: prepaid cards in circulation (millions), 2020-29f
    • Switzerland: prepaid card transaction values (CHF billions), 2020-29f
    • Switzerland: prepaid card transaction values ($ billions), 2020-29f

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