World Payments Report

The 5th annual World Payments Report 2009

World Payments Report 2009: Exploring the attraction of Global Transaction Services as a Business

The World Payments Report 2009, jointly developed by Capgemini, RBS and Efma, provides an overview of the Non Cash Payments Market, including a focus on Regional Payments Initiatives in Asia, an update of SEPA progress and initiatives, and a focus on global transaction services. It confirms that the Payments Business is indeed crisis resistant, and that market leaders have organized to address it specifically.

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Latest Headlines

  • Press Release: Non-cash payments transactions grow to 250bn; global transaction services remain significant contributor to revenue and SEPA progresses despite weak market conditions
  • Spotlight on payments innovation in Asia: Exploring the use of emerging payment methods like m-payments, contactless payments, e-payments and biometric authentication

As a recurring source of revenue for Banks, Payments and other transaction services (cash management, trade finance, cards issuing and acquiring and securities services) are important to banks’ economics and customer relationships. Particularly in light of weak economic conditions, Payments can act as excellent source of opportunity for banks.

The World Payments Report 2009 looks at the trends in global payments volumes, provides an update on the progress of SEPA and PSD in light of the financial crisis and last year’s intensified regulatory environment, and explores the attraction of global transaction services as a business.

Key findings from this year’s report span three areas including:

  • Global and European trends where Non-Cash payment volumes grew 8.6% in 2007. Payment innovation continues to offer attractive opportunities. Initial indications show the payments business has withstood the financial crisis, however, only 2008 figures will reveal the full effect of the current market.
  • SEPA achievements made in 2008 towards realizing the SEPA vision and the interpretation and transposition of the PSD. However, the need for gaining clarity on some remaining key issues and practical obstacles continue in order to avoid the risk of a mini-SEPA.
  • Global Transaction Services (GTS) divisions were cited as a stable and profitable source of revenue for financial institutions amidst weak economic conditions. GTS accounts for 5-20% of group revenues and remains an important source of bank revenues with a cost/income ratio as low as 50%.

Read the full report to learn more about building successful GTS franchises based on the 36 interviews we conducted with 16 major players and 20 of their corporate clients.

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To discuss the findings of the World Payments Report in more detail and find out how SEPA will impact your financial institution, contact us at .

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