J.P. Morgan Payments Reports 13% Revenue Growth in Q3 2025

J.P. Morgan Payments reported its strongest quarter to date in the third quarter of 2025, generating $4.9 billion in revenue. This figure represents a 13% increase compared to the same period last year. Excluding the net impact of equity investments, Payments revenue saw a 6% rise, primarily driven by increased deposit balances.

The business unit demonstrated significant momentum throughout the quarter, achieving key milestones. Merchant Services processed transaction volumes exceeding $2 trillion, reaching this mark 20 days ahead of the pace set in 2024. J.P. Morgan Payments also launched a Supply Chain Finance (SCF) solution integrated with Oracle Fusion Cloud ERP, which FedEx has adopted to optimize working capital.

Further developments include MTN SA completing the first transaction using J.P. Morgan Payments' new Electronic Bill of Exchange (e-B/E) offering, aimed at digitizing trade finance. Umar Farooq, Global Co-Head of J.P. Morgan Payments, received the "2025 Outstanding 50 Asian Americans in Business Award" from the Asian American Business Development Center.

In November, Qatar National Bank (QNB) began utilizing J.P. Morgan Payments' Kinexys Digital Payments (KDP) blockchain-based system for its USD corporate flows in the MENA region. These results were part of JPMorgan Chase's broader Q3 2025 financial report, which showed total firm-wide revenue of $46.4 billion, announced on October 14.