- Movement toward B2B payments, a historically under-penetrated sector for payment processors.
- Strong background for growth in megatrends, 15% 5-year-CAGR expected for eCommerce.
- #1 player in card issuance, top 5 in payment processing globally.
- Expecting 6% company-wide revenue growth in 2023, and 15% growth in merchant solutions.
GPN is well-positioned to capitalize on these movements with a strategic partnership with AWS. Additionally, GPN has long-standing banking and retail industry relationships. GPN has committed significantly to its B2B offerings in FY22, capping it off with the acquisition of EVO. We expect GPN to offer strong mid-term growth, consistently increasing its earnings but only paying out a token $1.00 per year dividend.