This playbook is your guide to making the most of the opportunity in the retail sector, a vertical that currently accounts for around 11% of all commercial card spend in the middle market. Latest figures put commercial card spend in the sector at $53 billion, a total that is forecast to grow to $94 billion by 2026. With the addressable market totaling $230 billion3, and a forecasted compound annual growth rate (CAGR) of 16% between 2022 and 2026, this vertical offers significant growth potential for financial institutions.
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