The 2020 McKinsey Global Payments Report - McKinsey & Company

File Size: 2MB Page Count: 38

$1
OFF

McKinsey’s Global Payments Report 2024 | McKinsey - McKinsey

2 weeks from now

Oct 18, 2024 · Global payments revenues will continue to grow. In 2023, the global payments industry handled 3.4 trillion transactions, accounting for $1.8 quadrillion in value and a revenue …

mckinsey.com

7%
OFF

The 2020 Mckinsey Global Payments Report [PDF] - Docslib.org

2 weeks from now

While some categories of spending. The 2020 McKinsey Global Payments Report 4 Exhibit 1 McKinsey expects global payments revenues to end 2020 down 7% compared to 2019. Global …

docslib.org

$1
OFF

The 2021 McKinsey Global Payments Report

2 weeks from now

Payments revenue did indeed decline—to $1.9 trillion globally—but by less than we anticipated last fall. Indicators point to a nominal but geographically uneven rebound in 2021, bringing …

mckinsey.com

11%
OFF

Global Payments Revenues Bounce Back - Finextra Research

2 weeks from now

Oct 10, 2022 · After a tough 2020, payments industry revenues rebounded strongly in 2021, growing at an 11% rate and hitting $2.1 trillion globally, according to a report from McKinsey.

finextra.com

86%
OFF

In Mexico, McKinsey Forecasts 86% Of Transactions Are ... - Cash …

2 weeks from now

May 19, 2021 · This statistic is from The 2020 McKinsey Global Payments Report. The report explores the impact of the COVID-19 pandemic on the payments industry, focusing on its …

cashmatters.org

$100
OFF

The 2021 McKinsey Global Payments Report

2 weeks from now

ring and the $100 billion opportunity in small businessForewordLast October, when we published McKinsey’s 2020 Global Payments Report, it was already clear that the pandemic’s economic …

mckinsey.com

FAQs about The 2020 McKinsey Global Payments Report - McKinsey & Company Coupon?

What is McKinsey's Global Payments map?

The insights in this report are informed by McKinsey’s proprietary Global Payments Map, which for over 20 years has provided a granular, data-based view of the industry landscape. stable year. Global revenues grew at nearly 5 percent in 2019, bringing total global payments revenue to just under $2 trillion (Exhibit 1). ...

Is 2020 a good year for Global Payments?

For global payments, 2020 stands in dramatic contrast to the year before, which was a relatively stable year. Global revenues grew at nearly 5 percent in 2019, bringing total global payments revenue to just under $2 trillion (Exhibit 1). ...

Does McKinsey expect Global Payments revenues to end 2020?

The impact was especially great on the travel and entertainment category, which was off 80 to 90 percent. While some categories of spending Exhibit 1 McKinsey expects global payments revenues to end 2020 down 7% compared to 2019. Note: Figures may not sum to listed totals, because of rounding. Source: McKinsey Global Payments Map ...

How much will the Global Payments industry grow in 2023?

In 2023, the global payments industry handled 3.4 trillion transactions, accounting for $1.8 quadrillion in value and a revenue pool of $2.4 trillion. It grew 7 percent annually from 2018 to 2023, but our analysis suggests revenue growth will likely slow to 5 percent a year over the next five years. ...

What will Global Payments revenue look like in 2020?

We expect full-year 2020 global payments revenue to be roughly $140 billion lower than in 2019—a decline of about 7 percent from 2019—a change equal in size to prior years’ annual gains, which leaves revenues 11 to 13 percent below our prepandemic revenue projection for 2020. ...

How much revenue will McKinsey expect in 2025?

1, bringing revenue back into the range of 2019’s record high. From there, McKinsey projects a return to historical mid-single-digit growth rates, rating 2025 global payments revenue of roughly $2.5 trillion. The relatively muted 2020 topline numbers mask some important countervailing effects, however, which are poised to reset ...