Executive Summary

Within a given transaction, acquirers and processors, networks, and issuers all help bring payments from the point of purchase to settlement. Diving into each of their roles reveals where the payments industry stands and how it might evolve in 2022.

3 KEY QUESTIONS THIS REPORT WILL ANSWER

1. What roles do the key players in the payments purchasing chain play in an end-to-end transaction?
2. How are market dynamics changing the payments purchasing chain and how its stakeholders interact?
3. What are the top trends impacting acquirers and processors, networks, and issuers in 2022?

WHAT’S IN THIS REPORT? We define the major categories of payment providers, discuss their volume and revenues, and evaluate key trends impacting their performance.

KEY STAT: All areas of the payments ecosystem will undergo rapid change thanks to pandemic-driven shifts, especially merchant acquiring: Revenues will rise at an 11.3% compound annual growth rate through 2025, per Boston Consulting Group.