Key Participants in a Payment Transaction 2024

How Acquirers, Networks, and Issuers Are Impacting the Payments Ecosystem

Download
Share
About This Report
Acquirers, networks, and issuers each play distinct roles in the payments purchasing chain. But those roles are shifting as providers adapt to the rise of software and value-added services, increased payment method choice, and cloud-based innovation.
Table of Contents

Acquirers, networks, and issuers play critical roles in bringing a payment from the point of sale to settlement. Diving into those roles, the revenues they generate as well as the challenges and opportunities they face reveal where the US payments industry is headed.

Key Question: What factors are impacting key payments industry stakeholders in a payment transaction?

Key Stat: Global payments industry revenues will grow 6.2% annually between 2022 and 2027, hitting $2.2 trillion, per Boston Consulting Group. Acquirers, networks, and issuers will lead growth as they innovate to meet shifting demands and compete for emerging opportunities.

authors

David Morris

Contributors

Grace Broadbent
Analyst
Suzy Davidkhanian
Principal Analyst, Retail & Ecommerce
Tyler Van Dyke
Account Manager
Unlock Unlimited Insights with PRO+