McKinsey forecasts growth in global payments revenue
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AI-assisted source synthesis · not an independent investigation.
On October 7, 2026, Payments Dive, citing a McKinsey report, stated that global payments industry revenue reached $2.6 trillion in the “past year,” as referred to in the report, growing by only 3% from 2024 to 2025. The report stated that payments revenue accounts for approximately 40% of bank revenue, contributing 41% of banks’ revenue last year. McKinsey expects global payments industry revenue to rise to $3.2 trillion by 2030. At the same time, the report noted that institutions driven by transaction-clearing volume will face greater margin pressure, and agentic commerce could also depress card-fee revenue.
AI-written from reports · updated 13 days ago
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- Payments DiveMcKinsey: Global payments industry revenue reached $2.6 trillion last year, accounting for about 40% of bank revenue
According to a McKinsey report, global payments industry revenue reached $2.6 trillion last year, growing just 3% from 2024 to 2025; payments revenue accounted for about 40% of bank revenue, contributing 41% of banks’ revenue last year. The report expects global payments industry revenue to rise to $3.2 trillion by 2030, but institutions driven by transaction clearing volumes will face greater margin pressure, while agentic commerce may also reduce card fee revenue.