Monday, July 7, 2025
17.9 C
London
HomeBankingBarclays: Sees £900m growth opportunity in payments

Barclays: Sees £900m growth opportunity in payments

Date:

Adyen Grows Partner Programme to Accelerate Global Payments Innovation

Adyen expands its partner ecosystem, empowering more platforms and...

Belgian Banks Become First in Eurozone to Go Live with Verification of Payee

Major Belgian banks adopt Verification of Payee to combat...

Hokkoku and Soft Space to Roll Out SoftPOS Tool Supporting Stablecoin Transactions

The partnership will enable merchants to accept stablecoin payments...
  • Barclays a British universal bank diversified by business, by different types of customers and clients, and by geography
  • Barclays identified payments as a key growth opportunity worth £900 million over three years thank areas such as merchant acquiring and the BNPL market
  • CEO Jes Staley revealed that payment now accounts for eight percent of Barclays’ total income – £1.7 billion last year
  • Staley says this number grows by around £900 million over the next three years
  • In November last year the bank moved into the buy now, pay later sector through a partnership with Amazon in Germany
  • Barclays the only major bank-owned acquirer in the UK and has managed to slash on-boarding times in the last couple of years

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories