Payment processors finding a new normal following post-pandemic austerity
· New analysis from FXC Intelligence shows payment processors are beginning to find a new post-pandemic normal after consumer belt-tightening made for a challenging FY 2023. · Every player saw revenue growth in 2023, however most players saw lower growth rates than in 2022, even among those on strong growth trajectories. · The widespread discussions of macroeconomic conditions during earnings calls finally appeared to decline by Q4, with 2024 expected to be easier for payment processors.