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Introduction

This interactive model provides market sizing and forecasting of technology spending across the payments sector from 2018 to 2023, with a view of spend across payment type/ functions, real-time payments, payment hubs, and fraud management.

Highlights

  • Payments spending is split across six spend functions – retail payments (including credit, prepaid, debit, and deferred debit payment cards), wholesale payments (real-time gross settlement systems (RTGS), wire transfer, and automated clearing houses), as well as spending specifically on real-time payments, payments hubs, and on supporting payment fraud management.
  • Overall payments technology spending has been and will continue to be relatively strong compared to banking technology expenditure. The payments technology market is expected to grow close to 5.5% annually over 2018 to 2020.

Features and Benefits

  • Provides a highly interactive model that can be used to view data sets and trend charts across geographies and lines of business.
  • Enables analysis of spending trends across retail and wholesale payments, fraud, payment hubs, and real-time payments.

Key questions answered

  • Which countries and markets will see the strongest growth in payments IT spend in the short and medium term?
  • What impact is the development of real-time payment infrastructures having on investments in payment hub technology?

Table of contents

Summary

  • Introduction
  • Download 1: Payments Technology Spending Through 2023: Business Function Segmentation