Key growth drivers across the European region
The payments world has evolved dramatically in recent years and the scale and scope of changes looks set to continue at pace.
Globally, several forces are combining to create a new payments landscape that is increasingly digital and is shaped by technological advancements, shifting customer expectations, the increasing internationalisation of the purchasing experience, and an ever-changing global economy.
There were 1.3 trillion cashless transactions in 2023, for example.1 This is predicted to increase to 2.3 trillion by 2027.2
Ecommerce sales are projected to reach $6.56 trillion in 2025.3 Travel is steadily rebounding, making progress as it continues to recover from the impact of the pandemic. And new technology has emerged to support a seamless and secure payments experience.
For merchants and acquirers in the European region, this has created an environment ripe for growth.
Meanwhile, consumers making online or in-person purchases across the region now expect the payments experience will continue on a trajectory that prioritises simplicity and satisfaction – and are willing to spend if it does so.
This ebook explores the specific growth drivers fueling the change that has already taken place and changes that we can expect to see in the future.
In the ebook we will cover:
- The 5 biggest growth drivers in the European region
- How to thrive in the evolving payments landscape
- Insights from leading merchant acquirers including Worldpay, Nexi, and Worldline
Download Ebook
Key growth drivers across the European region.pdf · 8 MB
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