1、The 2024 McKinsey Global Payments ReportGlobal payments in 2024:Simpler interfaces,complex reality October 2024The 2024 McKinsey Global Payments ReportGlobal payments in 2024:Simpler interfaces,complex realityBy Philip Bruno and Uzayr Jeenah,with Amit Gandhi and Ins GanchoThe tantalizing vision for

2、global payments has long been that theyd be safe,simple,quick,inexpensive,and ubiquitous.This promise has come closer with each new technological advance.However,instant payment systems have ushered in the Decoupled Era,a term coined in last years Global Payments Report.1 In this new world,while pay

3、ments are getting quicker,they are increasingly disconnected from accounts,and players have proliferated,fragmenting the value chain,increasing complexity,and endangering the vision.With$1.8 quadrillion flows in global payments annually,even small shifts in how payments are delivered can reshape not

4、 just companies but entire sectors of the economy.For example,digital wallets and online payment methods have boosted online shopping,and more efficient payment systems have helped streamline supply chain operations and improved businesses cash flows.2 This years report examines the evolving global

5、payments ecosystem and highlights where players can capitalize on new dynamics.Our analysis is based primarily on McKinseys Global Payments Map,3 which covers more than 25 payment products in 48 countries and accounts for more than 90 percent of global GDP.We start by examining the overall payments

6、industry,how it has grown,and the rate at which that growth can be expected to continue.Then,we look at six trends shaping the industry over the next several years.Lastly,we describe three areas where operators and disrupters will want to invest to be well positioned over the next few years.Highligh