2023 Highlights Digital Consumer Bank Europe
Payments
Seizing a growing opportunity by capturing scale through global platforms
Customer experience
Operational leverage
Global platform
Deliver best-in-class
payment solutions
leveraging our global
and local scale
Reduce cost per transaction
through capex optimization
and operational efficiency
Migrate volumes to
common global platforms
to gain scale and offer
competitive pricing in the
open market
2025 target
PagoNxt
>30% EBITDA margin
24.8% 2023
c.30% Revenue growth
+17% 2023
Key
drivers
#transactions
(bn per month)
2.6
+15%
3.0
2022
2023
Cost per transaction
(€ cents, PagoNxt)
-16%
4.1
3.5
2022
2023
% open market
revenue (PagoNxt)
Santander Note: transactions include merchant payments, cards and electronic A2A payments. PagoNxt revenue CAGR 22-25 target.
13.6
+2.2pp
15.8
2022
2023
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