The payment terminal market in France

The French credit insurance market is estimated at between 10 and 12 billion euros The global credit insurance market, which includes mortgage payment protection, is valued at over $60 billion. In France, the credit insurance sector has faced major regulatory changes with the introduction of the Lemoine Law in 2022, which has affected market dynamics by allowing borrowers to change insurance providers more freely. The French credit insurance market is growing at an average annual rate of 5%. Home loans still account for a substantial share of insurance premiums. Borrowers are fully covered: death, total and irreversible loss of autonomy, disability. This shield protects almost 90% of borrowers insured for disability and death. Mortgage premiums account for over 66% of total premiums. The consumer credit market represents around 20% of the credit insurance market, and is in decline. The bancassurance model holds a dominant position in the French market, with a market share of over 83%,

In France, the debt collection agency market is estimated at between 850 and 900 million euros. The worldwide market for debt collection agencies is growing steadily at around 3% a year. North America accounts for 42% of the market, Europe 28%. Techniques such as automated reminders, payment procedures and the use of artificial intelligence to identify likely defaulters are changing the face of the industry. There are around 270 collection agencies in France. Start-ups are playing a transformative role, bringing new solutions, with a notable increase in the number of new businesses of almost 90% over the last decade. French legislation capping payment terms and imposing penalties for late payment is having an impact on the sector. Key players in the debt collection market iQera French leader Intrum, European leader Rubypayeur Good Payeur Gcollect Euler Hermes, Coface, BPCE Factor and BNP Paribas Factor Recocash Agir Recouvrement

The number of Intermédiaires en Opérations de Banque et en Services de Paiement (IOBSP) in France is around 35,000 professionals. The presence of brokers on the French mortgage market has increased, and 39% of mortgage applicants use their services. Over 60% of 18-24 year-olds use mortgage brokers. More than 50% of managers and professionals will use their services in 2020. The mortgage brokerage market in France is experiencing growing demand from Intermédiaires en Opérations de Banque et en Services de Paiement (IOBSP). This increase in demand reflects the efficiency and ease with which mortgage brokers can obtain competitive interest rates and advantageous loan conditions. Securing financing and saving time are important factors in the decision to use a mortgage broker. Key players in the French mortgage brokerage market Meilleurtaux.com: is a leading player in the digital mortgage brokerage sector. Cafpi: with its 230 branches, is another major player and a veteran on the mortgage