Europe Payment Processing Solutions for Restaurant Market - Industry Trends and Forecast to 2030

Description

List of Tables

Europe payment processing solutions for restaurant market is expected to reach USD 3,524,653.64 thousand by 2030 from USD 1,428,634.31 thousand in 2022, growing at a CAGR of 12.5% during the forecast period of 2023 to 2030.

Market Segmentation

Europe Payment processing solutions for restaurant Market, By Offering (Software, Hardware, and Services), Payment (Debit Card, Credit Card, E-Wallet, Third Party Bank Transfers, and Others), Deployment Mode (On-Premises, and Cloud Based), Organization Size (Large Enterprise, and Small & Medium Size Enterprise), Fees Type (Flat Fees, Processing Fees, and Situational Fees), Payment Channel (Over-The-Counter, Web, Mobile Payments, Subscriber Payments, and Others), Restaurant Types (Cafe & Diner, Quick Service, Bar & Pub, Coffee Shop, Food Truck, Fast Casual, and Others), Country (U.K., Russia, Italy, Germany, Spain, France, Turkey, Netherlands, Portugal, Belgium, Switzerland, and Rest of Europe) - Industry Trends and Forecast to 2030.

Overview of Europe Payment Processing Solutions for Restaurant Market Dynamics

Driver
Rising Digital Transformation in Restaurant Industry
Restraint
High implementation and maintenance cost
Opportunity
Increasing popularity of online ordering and delivery

Market Players

Some of the major players operating in the Europe payment processing solutions for restaurant market are:

PayPal
Global Payments Inc.
Elavon Inc.
Ingenico, Adyen
NCR Corporation
Oracle
BigCommerce
PayU
HiPay SAS
Novalnet
QuadraPay

1 INTRODUCTION 13

1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 OVERVIEW 13
1.4 CURRENCY AND PRICING 15
1.5 LIMITATIONS 15
1.6 MARKET S COVERED 15

2 MARKET SEGMENTATION 18

2.1 MARKET S COVERED 18
2.2 YEARS CONSIDERED FOR THE STUDY 19
2.3 GEOGRAPHIC SCOPE 19
2.4 DBMR TRIPOD DATA VALIDATION MODEL 20
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 23
2.6 DBMR MARKET POSITION GRID 24
2.7 OFFERING CURVE 25
2.8 MULTIVARIATE MODELLING 26
2.9 MARKET RESTAURANT TYPES COVERAGE GRID 27
2.10 SECONDARY SOURCES 28
2.11 ASSUMPTIONS 28

3 EXECUTIVE SUMMARY 29

4 PREMIUM INSIGHTS 32

5 MARKET OVERVIEW 33

5.1 DRIVERS 35
- 5.1.1 RISING DIGITAL TRANSFORMATION IN THE RESTAURANT INDUSTRY 35
- 5.1.2 RISING ADOPTION OF HYBRID RESTAURANT MODELS 36
- 5.1.3 GROWING EMPHASIS ON ENHANCING SECURITY MEASURES AND PREVENTING FRAUD 37
5.2 RESTRAINTS 38
- 5.2.1 HIGH IMPLEMENTATION AND MAINTENANCE COST 38
5.3 OPPORTUNITIES 40
- 5.3.1 GROWING INCLINATION TOWARDS MOBILE PAYMENTS 40
- 5.3.2 INCREASING POPULARITY OF ONLINE ORDERING AND DELIVERY 42
- 5.3.3 RISING STRATEGIC PARTNERSHIP AND COLLABORATIONS 43
5.4 CHALLENGES 45
- 5.4.1 INTEGRATION CHALLENGES IN RESTAURANT PAYMENT SOLUTIONS 45
- 5.4.2 THE NEED FOR A SKILLED WORKFORCE 46

6 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY OFFERING 48

6.1 OVERVIEW 49
6.2 SOFTWARE 50
- 6.2.1 BY TYPE 50
  - 6.2.1.1 PAYMENT PLATFORM 50
  - 6.2.1.2 PAYMENT GATEWAY 50
  - 6.2.1.3 OTHERS 50
6.3 HARDWARE 51
6.4 SERVICES 51
- 6.4.1 INSTALLATION & IMPLEMENTATION 51
- 6.4.2 SUPPORT AND MENTENANCE 51

7 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY PAYMENT 52

7.1 OVERVIEW 53
7.2 DEBIT CARD 54
- 7.2.1 BY TYPE 54
  - 7.2.1.1 VISA DEBIT CARD 54
  - 7.2.1.2 MASTERCARD DEBIT CARD 54
  - 7.2.1.3 OTHERS 55
7.3 CREDIT CARD 55
- 7.3.1 BY TYPE 55
  - 7.3.1.1 REWARDS CREDIT CARDS 55
  - 7.3.1.2 BUSINESS CREDIT CARDS 55
  - 7.3.1.3 CHARGE CREDIT CARDS 56
  - 7.3.1.4 SUBPRIME CREDIT CARDS 56
  - 7.3.1.5 BALANCE TRANSFER CREDIT CARDS 56
  - 7.3.1.6 LIMITED PURPOSE CREDIT CARDS 56
  - 7.3.1.7 STUDENT CREDIT CARDS 56
  - 7.3.1.8 OTHERS 56
7.4 E-WALLET 56
7.5 THIRD PARTY BANK TRANSFERS 56
7.6 OTHERS 56

8 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY DEPLOYMENT MODE 57

8.1 OVERVIEW 58
8.2 ON-PREMISES 59
- 8.2.1 BY ORANIZATION SIZE 59
  - 8.2.1.1 LARGE ENTERPRISE 59
  - 8.2.1.2 SMALL & MEDIUM SIZE ENTERPRISE 59
8.3 CLOUD BASED 60
- 8.3.1 BY ORANIZATION SIZE 60
  - 8.3.1.1 LARGE ENTERPRISE 60
  - 8.3.1.2 SMALL & MEDIUM SIZE ENTERPRISE 60

9 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY ORGANIZATION SIZE 61

9.1 OVERVIEW 62
9.2 LARGE ENTERPRISE 63
9.3 SMALL & MEDIUM SIZE ENTERPRISE 63

10 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY FEES TYPE 64

10.1 OVERVIEW 65
10.2 FLAT FEES 66
- 10.2.1 BY TYPE 66
  - 10.2.1.1 ANNUAL FEE 66
  - 10.2.1.2 PAYMENT GATEWAY FEE 66
  - 10.2.1.3 TERMINAL FEE 67
  - 10.2.1.4 MONTHLY FEE 67
  - 10.2.1.5 BATCH FEE 67
  - 10.2.1.6 NETWORK ACCESS FEE 67
  - 10.2.1.7 ONLINE REPORTING FEE 67
  - 10.2.1.8 STATEMENT FEE 67
10.3 PROCESSING FEES 67
- 10.3.1 BY TYPE 68
  - 10.3.1.1 COST PLUS 68
  - 10.3.1.2 PROCESSING FLAT FEE 68
  - 10.3.1.3 INTERCHANGE DIFFERENTIAL 68
  - 10.3.1.4 TIERED 68
10.4 SITUATIONAL FEES 68
- 10.4.1 BY TYPE 69
  - 10.4.1.1 MONTHLY MINIMUM FEE 69
  - 10.4.1.2 SET-UP FEE 69
  - 10.4.1.3 CHARGEBACK FEE (NON-NEGOTIABLE) 69
  - 10.4.1.4 CANCELLATION FEE 69
  - 10.4.1.5 INTERNATIONAL FEE (NON-NEGOTIABLE) 69
  - 10.4.1.6 NSF FEE (NON-NEGOTIABLE) 69

11 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY PAYMENT CHANNEL 70

11.1 OVERVIEW 71
11.2 OVER-THE-COUNTER 72
11.3 WEB 72
11.4 MOBILE PAYMENTS 72
- 11.4.1 BY TECHNOLOGY 73
  - 11.4.1.1 QR PAYMENTS 73
  - 11.4.1.2 NFC PAYMENTS 73
  - 11.4.1.3 OTHERS 73
11.5 SUBSCRIBER PAYMENT 73
11.6 OTHERS 73

12 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY RESTAURANT TYPES 74

12.1 OVERVIEW 75
12.2 CAFE & DINNER 76
12.3 QUICK SERVICE 76
12.4 BAR & PUB 76
12.5 COFFEE SHOP 76
12.6 FOOD TRUCK 77
- 12.6.1 BY MODELS 77
  - 12.6.1.1 TRADITIONAL FOOD TRUCK 77
  - 12.6.1.2 FOOD CART 77
  - 12.6.1.3 FOOD TRAILER 78
- 12.6.2 BY TYPE 78
  - 12.6.2.1 STREET FOOD TRUCK 78
  - 12.6.2.2 FAST FOOD TRUCK 78
  - 12.6.2.3 BBQ FOOD TRUCK 78
  - 12.6.2.4 DESSERT FOOD TRUCK 78
  - 12.6.2.5 VEGAN FOOD TRUCK 79
  - 12.6.2.6 GOURMET FOOD TRUCK 79
  - 12.6.2.7 OTHERS 79
12.7 FAST CASUAL 79
12.8 OTHERS 79

13 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY COUNTRY 80

13.1 EUROPE 80
- 13.1.1 GERMANY 84
- 13.1.2 FRANCE 84
- 13.1.3 U.K. 84
- 13.1.4 ITALY 84
- 13.1.5 SPAIN 84
- 13.1.6 RUSSIA 84
- 13.1.7 POLAND 84
- 13.1.8 BELGIUM 84
- 13.1.9 NETHERLANDS 84
- 13.1.10 SWEDEN 85
- 13.1.11 SWITZERLAND 85
- 13.1.12 DENMARK 85
- 13.1.13 TURKEY 85
- 13.1.14 FINLAND 85
- 13.1.15 NORWAY 85
- 13.1.16 REST OF EUROPE 85

14 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: COMPANY LANDSCAPE 86

14.1 COMPANY SHARE ANALYSIS: EUROPE 86

15 SWOT ANALYSIS 87

16 COMPANY PROFILES 88

16.1 PAYPAL 88
- 16.1.1 COMPANY SNAPSHOT 88
- 16.1.2 REVENUE ANALYSIS 88
- 16.1.3 SERVICE PORTFOLIO 89
- 16.1.4 RECENT DEVELOPMENTS 89
16.2 GLOBAL PAYMENTS INC. 90
- 16.2.1 COMPANY SNAPSHOT 90
- 16.2.2 REVENUE ANALYSIS 90
- 16.2.3 PRODUCT PORTFOLIO 91
- 16.2.4 RECENT DEVELOPMENTS 91
16.3 ELAVON INC. 92
- 16.3.1 COMPANY SNAPSHOT 92
- 16.3.2 PRODUCT PORTFOLIO 92
- 16.3.3 RECENT DEVELOPMENTS 92
16.4 INGENICO 93
- 16.4.1 COMPANY SNAPSHOT 93
- 16.4.2 SOLUTION PORTFOLIO 93
- 16.4.3 RECENT DEVELOPMENT 93
16.5 ADYEN 94
- 16.5.1 COMPANY SNAPSHOT 94
- 16.5.2 REVENUE ANALYSIS 94
- 16.5.3 SOLUTION PORTFOLIO 95
- 16.5.4 RECENT DEVELOPMENTS 95
16.6 BIGCOMMERCE PTY. LTD. 96
- 16.6.1 COMPANY SNAPSHOT 96
- 16.6.2 REVENUE ANALYSIS 96
- 16.6.3 SOLUTION PORTFOLIO 97
- 16.6.4 RECENT DEVELOPMENTS 97
16.7 HIPAY SAS 98
- 16.7.1 COMPANY SNAPSHOT 98
- 16.7.2 REVENUE ANALYSIS 98
- 16.7.3 SOLUTION PORTFOLIO 99
- 16.7.4 RECENT DEVELOPMENTS 99
16.8 NCR CORPORATION 100
- 16.8.1 COMPANY SNAPSHOT 100
- 16.8.2 REVENUE ANALYSIS 100
- 16.8.3 PRODUCT PORTFOLIO 101
- 16.8.4 RECENT DEVELOPMENTS 101
16.9 ORACLE CORPORATION 103
- 16.9.1 COMPANY SNAPSHOT 103
- 16.9.2 REVENUE ANALYSIS 104
- 16.9.3 SOLUTION PORTFOLIO 104
- 16.9.4 RECENT DEVELOPMENTS 105
16.10 PAYU 107
- 16.10.1 COMPANY SNAPSHOT 107
- 16.10.2 SOLUTION PORTFOLIO 107
- 16.10.3 RECENT DEVELOPMENTS 107
16.11 QUADRAPAY 108
- 16.11.1 COMPANY SNAPSHOT 108
- 16.11.2 PRODUCT PORTFOLIO 108
- 16.11.3 RECENT DEVELOPMENTS 108

17 QUESTIONNAIRE 109

18 RELATED REPORTS 113

LIST OF TABLES

TABLE 1 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY OFFERING, 2021-2030 (USD THOUSAND) 50
TABLE 2 EUROPE SOFTWARE IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 50
TABLE 3 EUROPE SERVICES IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 51
TABLE 4 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY PAYMENT, 2021-2030 (USD THOUSAND) 54
TABLE 5 EUROPE DEBIT CARD IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 54
TABLE 6 EUROPE CREDIT CARD IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 55
TABLE 7 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY DEPLOYMENT MODE, 2021-2030 (USD THOUSAND) 59
TABLE 8 EUROPE ON-PREMISES IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY ORGANIZATION SIZE, 2021-2030 (USD THOUSAND) 59
TABLE 9 EUROPE CLOUD BASED IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY ORGANIZATION SIZE, 2021-2030 (USD THOUSAND) 60
TABLE 10 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY ORGANIZATION SIZE, 2021-2030 (USD THOUSAND) 63
TABLE 11 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY FEES TYPE, 2021-2030 (USD THOUSAND) 66
TABLE 12 EUROPE FLAT FEES IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 66
TABLE 13 EUROPE PROCESSING FEES IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 67
TABLE 14 EUROPE SITUATIONAL FEES IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 68
TABLE 15 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY PAYMENT CHANNEL, 2021-2030 (USD THOUSAND) 72
TABLE 16 EUROPE MOBILE PAYMENTS IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 72
TABLE 17 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY RESTAURANT TYPES, 2021-2030 (USD THOUSAND) 76
TABLE 18 EUROPE FOOD TRUCK IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY MODELS, 2021-2030 (USD THOUSAND) 77
TABLE 19 EUROPE FOOD TRUCK IN PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 78

LIST OF FIGURES

FIGURE 1 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: SEGMENTATION 18
FIGURE 2 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: DATA TRIANGULATION 20
FIGURE 3 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET : DROC ANALYSIS 21
FIGURE 4 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: REGIONAL MARKET ANALYSIS 22
FIGURE 5 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: COMPANY RESEARCH ANALYSIS 22
FIGURE 6 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: INTERVIEW DEMOGRAPHICS 23
FIGURE 7 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: DBMR MARKET POSITION GRID 24
FIGURE 8 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: OFFERING CURVE 25
FIGURE 9 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: MULTIVARIATE MODELLING 26
FIGURE 10 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: RESTAURANT TYPES COVERAGE GRID 27
FIGURE 11 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: SEGMENTATION 31
FIGURE 12 RISING DIGITAL TRANSFORMATION IN RESTAURANT INDUSTRY IS EXPECTED TO BE KEY DRIVERS FOR EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET IN THE FORECAST PERIOD OF 2023 TO 2030 32
FIGURE 13 SOFTWARE SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET IN 2023 TO 2030 32
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES OF THE EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET 34
FIGURE 15 INSTALLATION OF FOOD APPS IN EUROPE (IN MILLIONS) 35
FIGURE 16 PAYMENT PROCESSING COST 39
FIGURE 17 DELIVERY PLATFORM SALES GROWTH (USD MILLION) 43
FIGURE 18 STRATEGIC INITIATIVES 44
FIGURE 19 INCREASING UNSKILLED WORKFORCE 46
FIGURE 20 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY OFFERING, 2022 49
FIGURE 21 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY PAYMENT, 2022 53
FIGURE 22 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY DEPLOYMENT MODE, 2022 58
FIGURE 23 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY ORGANIZATION SIZE, 2022 62
FIGURE 24 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY FEES TYPE, 2022 65
FIGURE 25 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY PAYMENT CHANNEL, 2022 71
FIGURE 26 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY RESTAURANT TYPES, 2022 75
FIGURE 27 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: SNAPSHOT (2022) 80
FIGURE 28 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY COUNTRY (2022) 82
FIGURE 29 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY COUNTRY (2023 & 2030) 82
FIGURE 30 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY COUNTRY (2022 & 2030) 83
FIGURE 31 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET: BY OFFERING (2023-2030) 83
FIGURE 32 EUROPE PAYMENT PROCESSING SOLUTIONS FOR RESTAURANT MARKET:2022 (%) 86