BCG’s Global Payments Report 2025 projects $2.4tn in revenues by 2029, with slower growth as AI, digital currencies and new models reshape the sector.
BCG’s latest report projects global payments revenue to grow to $2.4 trillion by 2029. While growth is expected to moderate to 4% annually through 2029, with the UK slowing to just 1.9% compared to 3.4% in North America, the industry is undergoing a foundational reset as agentic AI, digital currencies, and fintech business models begin to shape the next wave of expansion.
The UK remains card-led, with faster payments adoption rising, but easing interest rates will pressure margins. To stay competitive, providers must modernise infrastructure, expand beyond payments, and prepare for agentic AI and stablecoins.
