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State of the Card Payment Ecosystem 2025

How Innovation Is Redefining Value Across the Payment Chain

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About This Report
The global payments industry will be a $2.3 trillion revenue opportunity in 2028. But shifting business models, new technologies, and alternative payment methods are changing how key card players compete for a share of this revenue.

The card ecosystem faces a myriad of changes, from new business models leading players to take on multiple roles in the transaction process to alternative payment methods cutting into their payments and revenue share. Diving into these changes and the current state of the space can reveal where the US payments industry is headed next.

This deck covers:

  • Data illustrating the payments revenue opportunity for different card players
  • How alternative payment trends and changing commerce trends are shifting the way card players compete
  • Implications of these trends for consumer- and merchant-facing payment providers

This deck can help you:

  • Develop product strategy (consumer-facing payment providers)
  • Develop commerce strategy (merchants)
  • Showcase opportunities to customers and develop go-to-market strategy (merchant-facing payment providers and solution providers)

Here’s what’s in the full report

2files

Exportable files for easy reading, analysis and sharing.

16charts

Reliable data in simple displays for presentations and quick decision making.

Charts in This Report

authors

Grace Broadbent

Contributors

Delfina Huergo Bensadon
Donte Gibson
Senior Charts Editor
Chris Keating
Tiffani Montez
Emma Noyes
Graphic Designer, Data Visualization
Julia Woolever
Ali Young
Senior Copy Editor and Manager of Content Operations
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