This is the fixed point theorem for summably Lipschitz iterates. Put and . For ,
Consequently, for ,
Summability makes the tails tend to zero, so is a Cauchy sequence. Since is closed in a Banach space, . The hypothesis makes a Lipschitz map, hence continuous; passing to the limit in gives .
If is another fixed point, then for every . Since , eventually and thus . Finally let in the tail estimate:
The map itself need not be a contraction mapping; its successive iterates provide the summable error bound.