$500 BILLION IS UP FOR GRABS We estimate that global Figure 1. Global payments revenue payments revenue is likely to 2,093 grow at a respectable compound annual growth rate of 5.5 percent +5.5% to reach US$2 trillion over the 1,514 44% next six years (Figure 1). Consumer payments accounts for 58 percent 42% of this total revenue and are expected to grow at 5.1 percent by 2025; corporate payments comprise the rest and are expected to grow at a slightly faster 1 6.1 percent. Non-cash transactions are expected 56% to grow at 5.0 percent over the same period.2 This 58% projected growth is offering banks that operate in the payments industry the chance to grab US$500 billion Commercial in incremental revenue. Consumer 2019 2025 *RoW = Latin America + Middle East and Africa Source: Accenture Research Global Payments Revenue Model 3 GLOBAL PAYMENTS PULSE SURVEY 2019 TWO WAYS TO WIN IN PAYMENTS