The CNMP Roadmap
Created in 2022, the CNMP initially built on the guidelines defined by the two pre-existing committees from which it has inherited: (i) the second national strategy for cashless payment instruments (2019 – 2024) and (ii) the national cash management policy drawn up since 2019 within the framework of the Steering Committee for the Cash Industry. In October 2024, the CNMP published a new unified strategy in order to render concrete the convergence of the work of all the stakeholders of the French payments ecosystem.
In order to guarantee the confidence in our currency, the strategy supports the principle of the freedom of choice of payment instruments for all users, by defending the principles of universality and legal tender of cash. Its objective is to be able to respond to the accelerated transformation of the French and international payment ecosystems since 2019 with the rapid evolution of practices toward digital payments (contactless, instant or mobile…). Moreover, it should be able to adapt to the growing presence of new players in the payment chain (such as specialised technical providers, BigTechs, FinTechs, etc.), but also to the new emerging risks in an uncertain international context.
The pillars of the CNMP strategy
The new strategy is built around three pillars that translate into fifteen objectives to ensure that they are readily operational:
- Trust and sustainability: ensure secure, resilient, inclusive and more sustainable payments;
- Anticipation and innovation: promote and provide guidance for new uses in payments;
- Attractiveness and sovereignty: pursue European integration and strengthen French and European autonomy in payments.
Under the new strategy, payment security and the fight against fraud are to remain key priorities. Societal challenges will also be better addressed, first by catering more effectively to the needs of people with disabilities or with limited digital literacy, and then by better mitigating the carbon and environmental footprint of payments.
The actions undertaken since 2019 will be pursued to modernize the offering of payment means in France, in all its dimensions: supporting changes in the cash industry, facilitating the development and user appropriation of innovative payment journeys, or identifying value-adding ways to valorise payments data.
Finally, the CNMP intends to further strengthen the strategic autonomy of the French and European payment market, by promoting industrial projects with pan-European dimension. The committee thus expresses its support for established or emerging sovereign solutions, such as the national Cartes Bancaires (CB) card scheme, the SEPA payments ecosystem and the wero payment solution recently launched in France, Germany and Belgium, soon to be followed by the Netherlands and Luxembourg. The CNMP also remains involved in the preliminary discussions on the issuance of a retail digital euro and in the discussions on the legislative framework currently being conducted at European level.
The implementation and follow-up of the national payments strategy
A new architecture of the current working groups will be put in place by the CNMP, in order to assure the good implementation of the national payments strategy and its follow-up actions. Their composition will be established via a call for applications among the members of the CNMP plenary and its associated external partners. Each working group will have its specific mandate, its own roadmap for the upcoming year, 2025, and its KPIs to follow-up its objectives. Furthermore, each group will have a Chair, who is generally selected among the members of the CNMP or its delegate, accompanied by the support of the CNMP secretariat, which is assured jointly by the French Treasury and the Banque de France.
As a reminder, between 2022 and 2024, four working groups have so far been charged with the CNMP strategic objectives for the past three years :
- WGA – European integration
- WGB – Modernisation of B2B payments
- WGC – Innovative daily use cases
- WGD – Cash continuity