Tuesday, July 8, 2025
17.5 C
London
HomeBankingBarclays: Sees £900m growth opportunity in payments

Barclays: Sees £900m growth opportunity in payments

Date:

CBDC Pilot Projects Seeing Adoption in Ghana and Thailand – Giesecke+Devrient Reports

Giesecke+Devrient highlights how Ghana and Thailand are advancing central...

The Payments Association Calls for More LGBTQIA+ Diversity in Payments Industry

New report urges financial organizations to champion inclusion and...

Adyen Grows Partner Programme to Accelerate Global Payments Innovation

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