Next-generation card processors are growing at rates four times higher than the overall market. In collaboration with BPC, this whitepaper defines "next-generation card processing" and analyzes its success factors. The findings reveal that success is driven by a combination of elements, including API integration, regulatory enablement, and functional innovations, rather than any single feature. By examining 46 providers and over 150 card portfolio wins, the whitepaper highlights how these solutions excel by targeting specific customer segments and value chain opportunities. Several BPC case studies illustrate these insights.