Payment Processing Solutions Market size is projected to reach US$ 89.85 Bn in 2022 . at the end of the forecast period at a CAGR of 9.80%. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report
Payment Processing Solutions Market Dynamics:
Major growth factors for the market comprise of increasing global initiatives for the promotion of digital and online payments, high proliferation of smartphones, focus on improving customer experience, and customers’ demand for immediacy of payments and settlements. These factors are anticipated to drive the global payment processing solutions market. On the other hand, the lack of a global standard for international transactions may limit the market growth.Payment Processing Solutions Market Segment Analysis:
According to the payment method, the eWallet segment grows at the highest CAGR of xx% during the forecast period. A eWallet is a way of carrying digital card information in a digital form in a mobile device. To make purchases, people can pay with their tablets, smart watches, or smartphones. Generally, a eWallet is a payment service through which individuals and businesses can send and accept money through a mobile device. Mainly, it enables an individual to receive payments, as well as pay, using a mobile device. Chief companies are focusing on strategic partnerships and M & A to gain a competitive edge and raise their market share. For instance, in March 2021, Agoda joined with Adyen N.V. to improve the payment experience of its customers by enhancing the booking process.Payment Processing Solutions Market Regional Insights:
Geographically, North America includes developed countries, such as the US and Canada. These countries have participated significantly in R&D activities, thereby contributing to the development of advanced technologies. The payment processing solutions market in North America is highly competitive, as countries such as the US and Canada are focused on R&D and improvement. These countries are primary adopters of technologies in several verticals. The US and Canada are also the foremost countries in retail, financial services, banking, and other industries, such as transportation and manufacturing. Credit card is the most desired mode of payment by consumers in both online and point-of-sale (POS) method in North American countries. This global market study report analysis offers detailed insights, revenue details, and other vital information regarding the global payment processing solutions market, and the several trends, drivers, restraints, opportunities, and threats in the target market till 2029. The report provides perceptive and complete information regarding the numerous key players operating in the market, their financials, supply chain trends, technological innovations, and key developments, apart from future strategies, A&M, and market footprint. It contains the estimation of the market size, in terms of value, with respect to geographies. The objective of the report is to present a comprehensive assessment of the market and contain insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding global payment processing solutions market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. Payment Processing Solutions Market, Key Highlights: 1. Global Payment Processing Solutions Market analysis and forecast, in terms of value. 2. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Market 3. Global Payment Processing Solutions Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. 4. Global Payment Processing Solutions Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. 5. Global Payment Processing Solutions Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. 6. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. 7. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Payment Processing Solutions Market are also profiled.Payment Processing Solutions Market Scope: Inquire before buying
Global Payment Processing Solutions Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US$ 89.85 Bn. Forecast Period 2023 to 2029 CAGR: 9.80% Market Size in 2029: US$ 172.89 Bn. Segments Covered: by Payment Method Credit cardDebit card eWallet by Vertical Retail Hospitality Utilities and telecommunication Others Payment Processing Solutions Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players Operating in the Global Payment Processing Solutions Market:
1. PayPal (US) 2. Adyen (Netherlands) 3. Stripe (US) 4. Square (US) 5. Wirecard (Germany) 6. Global Payments (US) 7. CCBill (US) 8. PayU (Netherlands) 9. Authorize.Net (US) 10.Due (US) 11.First Data (US) 12.Jack Henry & Associates (US) 13.Alipay (China) 14.Paysafe (UK) 15.BlueSnap (US) 16.Fiserv (US), 17.Global Payments (US) 18.FIS (US), 19.MasterCard (US) 20.ACI Worldwide (US) 21.Dwolla (US) Frequently Asked Questions: 1. Which region has the largest share in Global Payment Processing Solutions Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Payment Processing Solutions Market? Ans: The Global Market is expected to grow at a CAGR of 9.80% during forecast period 2023-2029. 3. What is scope of the Global Market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Market? Ans: The important key players in the Global Market are - , PayPal (US), Adyen (Netherlands), Stripe (US), Square (US), Wirecard (Germany), Global Payments (US), CCBill (US), PayU (Netherlands), Authorize.Net (US), Due (US), First Data (US), Jack Henry & Associates (US), Alipay (China), Paysafe (UK), BlueSnap (US), Fiserv (US),, Global Payments (US), FIS (US),, MasterCard (US), ACI Worldwide (US), and Dwolla (US). 5. What is the study period of this market? Ans: The Global Market is studied from 2022 to 2029.
Global Payment Processing Solutions Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary : Global Payment Processing Solutions Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends in Payment Processing Solutions Market and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Payment Processing Solutions Analysis and Forecast 6.1. Global Payment Processing Solutions Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Payment Processing Solutions Analysis and Forecast, By Payment Method 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Payment Processing Solutions Value Share Analysis, By Payment Method 7.4. Global Payment Processing Solutions Size (US$ Bn) Forecast, By Payment Method 7.5. Global Payment Processing Solutions Analysis, By Payment Method 7.6. Global Payment Processing Solutions Attractiveness Analysis, By Payment Method 8. Global Payment Processing Solutions Analysis and Forecast, By Vertical 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Payment Processing Solutions Value Share Analysis, By Vertical 8.4. Global Payment Processing Solutions Size (US$ Bn) Forecast, By Vertical 8.5. Global Payment Processing Solutions Analysis, By Vertical 8.6. Global Payment Processing Solutions Attractiveness Analysis, By Vertical 9. Global Payment Processing Solutions Analysis, by Region 9.1. Global Payment Processing Solutions Value Share Analysis, by Region 9.2. Global Payment Processing Solutions Size (US$ Bn) Forecast, by Region 9.3. Global Payment Processing Solutions Attractiveness Analysis, by Region 10. North America Payment Processing Solutions Analysis 10.1. Key Findings 10.2. North America Payment Processing Solutions Overview 10.3. North America Payment Processing Solutions Value Share Analysis, By Payment Method 10.4. North America Payment Processing Solutions Forecast, By Payment Method 10.4.1. Credit Card 10.4.2. Debit Card 10.4.3. Ewallet 10.5. North America Payment Processing Solutions Value Share Analysis, By Vertical 10.6. North America Payment Processing Solutions Forecast, By Vertical 10.6.1. Retail 10.6.2. Hospitality 10.6.3. Utilities & Telecommunication 10.6.4. Others 10.7. North America Payment Processing Solutions Value Share Analysis, by Country 10.8. North America Payment Processing Solutions Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Payment Processing Solutions Analysis, by Country 10.10. U.S. Payment Processing Solutions Forecast, By Payment Method 10.10.1. Credit Card 10.10.2. Debit Card 10.10.3. Ewallet 10.11. U.S. Payment Processing Solutions Forecast, By Vertical 10.11.1. Retail 10.11.2. Hospitality 10.11.3. Utilities & Telecommunication 10.11.4. Others 10.12. Canada Payment Processing Solutions Forecast, By Payment Method 10.12.1. Credit Card 10.12.2. Debit Card 10.12.3. Ewallet 10.13. Canada Payment Processing Solutions Forecast, By Vertical 10.13.1. Retail 10.13.2. Hospitality 10.13.3. Utilities & Telecommunication 10.13.4. Others 10.14. North America Payment Processing Solutions Attractiveness Analysis 10.14.1. By Payment Method 10.14.2. By Vertical 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Payment Processing Solutions Analysis 11.1. Key Findings 11.2. Europe Payment Processing Solutions Overview 11.3. Europe Payment Processing Solutions Value Share Analysis, By Payment Method 11.4. Europe Payment Processing Solutions Forecast, By Payment Method 11.4.1. Credit Card 11.4.2. Debit Card 11.4.3. Ewallet 11.5. Europe Payment Processing Solutions Value Share Analysis, By Vertical 11.6. Europe Payment Processing Solutions Forecast, By Vertical 11.6.1. Retail 11.6.2. Hospitality 11.6.3. Utilities & Telecommunication 11.6.4. Others 11.7. Europe Payment Processing Solutions Forecast, by Country 11.7.1. Germany 11.7.2. U.K. 11.7.3. France 11.7.4. Italy 11.7.5. Spain 11.7.6. Rest of Europe 11.8. Europe Payment Processing Solutions Analysis, by Country 11.9. Germany Payment Processing Solutions Forecast, By Payment Method 11.9.1. Credit Card 11.9.2. Debit Card 11.9.3. Ewallet 11.10. Germany Payment Processing Solutions Forecast, By Vertical 11.10.1. Retail 11.10.2. Hospitality 11.10.3. Utilities & Telecommunication 11.10.4. Others 11.11. U.K. Payment Processing Solutions Forecast, By Payment Method 11.11.1. Credit Card 11.11.2. Debit Card 11.11.3. Ewallet 11.12. U.K. Payment Processing Solutions Forecast, By Vertical 11.12.1. Retail 11.12.2. Hospitality 11.12.3. Utilities & Telecommunication 11.12.4. Others 11.13. France Payment Processing Solutions Forecast, By Payment Method 11.13.1. Credit Card 11.13.2. Debit Card 11.13.3. Ewallet 11.14. France Payment Processing Solutions Forecast, By Vertical 11.14.1. Retail 11.14.2. Hospitality 11.14.3. Utilities & Telecommunication 11.14.4. Others 11.15. Italy Payment Processing Solutions Forecast, By Payment Method 11.15.1. Credit Card 11.15.2. Debit Card 11.15.3. Ewallet 11.16. Italy Payment Processing Solutions Forecast, By Vertical 11.16.1. Retail 11.16.2. Hospitality 11.16.3. Utilities & Telecommunication 11.16.4. Others 11.17. Spain Payment Processing Solutions Forecast, By Payment Method 11.17.1. Credit Card 11.17.2. Debit Card 11.17.3. Ewallet 11.18. Spain Payment Processing Solutions Forecast, By Vertical 11.18.1. Retail 11.18.2. Hospitality 11.18.3. Utilities & Telecommunication 11.18.4. Others 11.19. Rest of Europe Payment Processing Solutions Forecast, By Payment Method 11.19.1. Credit Card 11.19.2. Debit Card 11.19.3. Ewallet 11.20. Rest of Europe Payment Processing Solutions Forecast, By Vertical 11.20.1. Retail 11.20.2. Hospitality 11.20.3. Utilities & Telecommunication 11.20.4. Others 11.21. Europe Payment Processing Solutions Attractiveness Analysis 11.21.1. By Payment Method 11.21.2. By Vertical 11.22. PEST Analysis 11.23. Key Trend 11.24. Key Development 12. Asia Pacific Payment Processing Solutions Analysis 12.1. Key Findings 12.2. Asia Pacific Payment Processing Solutions Overview 12.3. Asia Pacific Payment Processing Solutions Value Share Analysis, By Payment Method 12.4. Asia Pacific Payment Processing Solutions Forecast, By Payment Method 12.4.1. Credit Card 12.4.2. Debit Card 12.4.3. Ewallet 12.5. Asia Pacific Payment Processing Solutions Value Share Analysis, By Vertical 12.6. Asia Pacific Payment Processing Solutions Forecast, By Vertical 12.6.1. Retail 12.6.2. Hospitality 12.6.3. Utilities & Telecommunication 12.6.4. Others 12.7. Asia Pacific Payment Processing Solutions Value Share Analysis, by Country 12.8. Asia Pacific Payment Processing Solutions Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Payment Processing Solutions Analysis, by Country 12.10. China Payment Processing Solutions Forecast, By Payment Method 12.10.1. Credit Card 12.10.2. Debit Card 12.10.3. Ewallet 12.11. China Payment Processing Solutions Forecast, By Vertical 12.11.1. Retail 12.11.2. Hospitality 12.11.3. Utilities & Telecommunication 12.11.4. Others 12.12. India Payment Processing Solutions Forecast, By Payment Method 12.12.1. Credit Card 12.12.2. Debit Card 12.12.3. Ewallet 12.13. India Payment Processing Solutions Forecast, By Vertical 12.13.1. Retail 12.13.2. Hospitality 12.13.3. Utilities & Telecommunication 12.13.4. Others 12.14. Japan Payment Processing Solutions Forecast, By Payment Method 12.14.1. Credit Card 12.14.2. Debit Card 12.14.3. Ewallet 12.15. Japan Payment Processing Solutions Forecast, By Vertical 12.15.1. Retail 12.15.2. Hospitality 12.15.3. Utilities & Telecommunication 12.15.4. Others 12.16. ASEAN Payment Processing Solutions Forecast, By Payment Method 12.16.1. Credit Card 12.16.2. Debit Card 12.16.3. Ewallet 12.17. ASEAN Payment Processing Solutions Forecast, By Vertical 12.17.1. Retail 12.17.2. Hospitality 12.17.3. Utilities & Telecommunication 12.17.4. Others 12.18. Rest of Asia Pacific Payment Processing Solutions Forecast, By Payment Method 12.18.1. Credit Card 12.18.2. Debit Card 12.18.3. Ewallet 12.19. Rest of Asia Pacific Payment Processing Solutions Forecast, By Vertical 12.19.1. Retail 12.19.2. Hospitality 12.19.3. Utilities & Telecommunication 12.19.4. Others 12.20. Asia Pacific Payment Processing Solutions Attractiveness Analysis 12.20.1. By Payment Method 12.20.2. By Vertical 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa Payment Processing Solutions Analysis 13.1. Key Findings 13.2. Middle East & Africa Payment Processing Solutions Overview 13.3. Middle East & Africa Payment Processing Solutions Value Share Analysis, By Payment Method 13.4. Middle East & Africa Payment Processing Solutions Forecast, By Payment Method 13.4.1. Credit Card 13.4.2. Debit Card 13.4.3. Ewallet 13.5. Middle East & Africa Payment Processing Solutions Value Share Analysis, By Vertical 13.6. Middle East & Africa Payment Processing Solutions Forecast, By Vertical 13.6.1. Retail 13.6.2. Hospitality 13.6.3. Utilities & Telecommunication 13.6.4. Others 13.7. Middle East & Africa Payment Processing Solutions Value Share Analysis, by Country 13.8. Middle East & Africa Payment Processing Solutions Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Payment Processing Solutions Analysis, by Country 13.10. GCC Payment Processing Solutions Forecast, By Payment Method 13.10.1. Credit Card 13.10.2. Debit Card 13.10.3. Ewallet 13.11. GCC Payment Processing Solutions Forecast, By Vertical 13.11.1. Retail 13.11.2. Hospitality 13.11.3. Utilities & Telecommunication 13.11.4. Others 13.12. South Africa Payment Processing Solutions Forecast, By Payment Method 13.12.1. Credit Card 13.12.2. Debit Card 13.12.3. Ewallet 13.13. South Africa Payment Processing Solutions Forecast, By Vertical 13.13.1. Retail 13.13.2. Hospitality 13.13.3. Utilities & Telecommunication 13.13.4. Others 13.14. Rest of Middle East & Africa Payment Processing Solutions Forecast, By Payment Method 13.14.1. Credit Card 13.14.2. Debit Card 13.14.3. Ewallet 13.15. Rest of Middle East & Africa Payment Processing Solutions Forecast, By Vertical 13.15.1. Retail 13.15.2. Hospitality 13.15.3. Utilities & Telecommunication 13.15.4. Others 13.16. Middle East & Africa Payment Processing Solutions Attractiveness Analysis 13.16.1. By Payment Method 13.16.2. By Vertical 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Payment Processing Solutions Analysis 14.1. Key Findings 14.2. South America Payment Processing Solutions Overview 14.3. South America Payment Processing Solutions Value Share Analysis, By Payment Method 14.4. South America Payment Processing Solutions Forecast, By Payment Method 14.4.1. Credit Card 14.4.2. Debit Card 14.4.3. Ewallet 14.5. South America Payment Processing Solutions Value Share Analysis, By Vertical 14.6. South America Payment Processing Solutions Forecast, By Vertical 14.6.1. Retail 14.6.2. Hospitality 14.6.3. Utilities & Telecommunication 14.6.4. Others 14.7. South America Payment Processing Solutions Value Share Analysis, by Country 14.8. South America Payment Processing Solutions Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Payment Processing Solutions Forecast, By Payment Method 14.9.1. Credit Card 14.9.2. Debit Card 14.9.3. Ewallet 14.10. Brazil Payment Processing Solutions Forecast, By Vertical 14.10.1. Retail 14.10.2. Hospitality 14.10.3. Utilities & Telecommunication 14.10.4. Others 14.11. Mexico Payment Processing Solutions Forecast, By Payment Method 14.11.1. Credit Card 14.11.2. Debit Card 14.11.3. Ewallet 14.12. Mexico Payment Processing Solutions Forecast, By Vertical 14.12.1. Retail 14.12.2. Hospitality 14.12.3. Utilities & Telecommunication 14.12.4. Others 14.13. Rest of South America Payment Processing Solutions Forecast, By Payment Method 14.13.1. Credit Card 14.13.2. Debit Card 14.13.3. Ewallet 14.14. Rest of South America Payment Processing Solutions Forecast, By Vertical 14.14.1. Retail 14.14.2. Hospitality 14.14.3. Utilities & Telecommunication 14.14.4. Others 14.15. South America Payment Processing Solutions Attractiveness Analysis 14.15.1. By Payment Method 14.15.2. By Vertical 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3 Company Profiles: Key Players 15.3.1 PayPal 15.3.1.1 Company Overview 15.3.1.2 Financial Overview 15.3.1.3 Product Portfolio 15.3.1.4 Business Strategy 15.3.1.5 Recent Developments 15.3.1.6 Manufacturing Footprint 15.3.2 Adyen 15.3.3 Stripe 15.3.4 Square 15.3.5 Wirecard 15.3.6 Global Payments 15.3.7 CCBill 15.3.8 PayU 15.3.9 Authorize.Net 15.3.10 Due 15.3.11 First Data 15.3.12 Jack Henry &Associates 15.3.13 Alipay 15.3.14 Paysafe 15.3.15 BlueSnap 15.3.16.Global Payments (US) 15.3.17.IS (US), 15.3.18.MasterCard (US) 15.3.19.ACI Worldwide (US) 15.3.20.Dwolla (US) 16. Primary Key Insights
