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Market Research Report

Payment Processing Solutions Market Size, Share & Trends Analysis Report By Payment Method (Credit Card, Debit Card, E-wallet), By End Use, By Region, And Segment Forecasts, 2020 - 2027

Published by Grand View Research, Inc. Product code 937451
Published Content info 120 Pages
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Payment Processing Solutions Market Size, Share & Trends Analysis Report By Payment Method (Credit Card, Debit Card, E-wallet), By End Use, By Region, And Segment Forecasts, 2020 - 2027
Published: May 8, 2020 Content info: 120 Pages
Description

Payment Processing Solutions Market Trends & Growth

The global payment processing solutions market size is expected to reach USD 98.01 billion by 2027, registering a CAGR of 14.5% from 2020 to 2027, according to a new report by Grand View Research, Inc. The market growth can be attributed to the emergence of digital technology and customers' demand for immediacy of transactions. The customers are looking for faster and convenient money transfer options, thereby driving the adoption of payment processing solutions.

Technologies such as the Internet of Things (IoT), machine learning, and Artificial Intelligence (AI) are all finding their way into numerous industries in order to streamline and simplify process of transactions. Machine learning can automatically recognize patterns across large volumes of transactions to quickly identify fraudulent activities. Moreover, artificial intelligence offers the ability to personalize the customer experience and enhance customer service.

Machine learning integrated processing solutions are used for the authorization of money transfer patterns and transaction monitoring. Machine learning tools enable FinTech companies to accurately process this data to decrease costs, meet customer needs, and better allocate resources. Furthermore, these solutions allow businesses to provide better customer services to their customers.

Service providers are focusing on leveraging IoT into their payment processing solutions. They enable money transfer through connected voice assistants and smart TVs. These services are allowing customers to pay when, where, and how they want to pay.

Payment Processing Solutions Market Report Highlights

Growing popularity of smartphones and technological innovations are anticipated to boost the usage of e-wallets across the globe

As retailers are focusing on diversifying their business operations, they are increasingly embracing wireless and mobile processing technologies for transaction processes. This, in turn, is expected to fuel the adoption of solutions for transaction processing in the retail end-use segment

Increasing e-commerce sales, coupled with growing internet penetration across the region, is expected to fuel the market growth in Asia Pacific over the forecast period

Key vendors in the market include SecurePay; PayU Group; PayPal Holdings, Inc.; Authorize.Net; and Alipay.

Table of Contents
Product Code: GVR-4-68038-240-2

Table of Contents

Chapter 1 Methodology and Scope

  • 1.1 Research Methodology
  • 1.2 Research Scope and Assumptions
  • 1.3 List of Data Sources

Chapter 2 Executive Summary

  • 2.1 Payment Processing Solutions Market - Industry Snapshot & Key Buying Criteria, 2016 - 2027
  • 2.2 Global Payment Processing Solutions Market, 2016 - 2027
    • 2.2.1 Global payment processing solutions market, by region, 2016 - 2027
    • 2.2.2 Global payment processing solutions market, by payment method, 2016 - 2027
    • 2.2.3 Global payment processing solutions market, by end use, 2016 - 2027

Chapter 3 Payment Processing Solutions Industry Outlook

  • 3.1 Market Segmentation and Scope
  • 3.2 Market Size and Growth Prospects
  • 3.3 Payment Processing Solutions Market - Value Chain Analysis
    • 3.3.1 Vendor landscape
  • 3.4 Payment Processing Solutions Market Dynamics
    • 3.4.1 Market driver analysis
      • 3.4.1.1 High proliferation of smartphones
      • 3.4.1.2 Worldwide initiatives for the promotion of online and digital payments
    • 3.4.2 Market challenge analysis
      • 3.4.2.1 Threat of cyber-attack affecting payment processing solutions
  • 3.5 Penetration and Growth Prospect Mapping
  • 3.6 Payment Processing Solutions Market - Porter's Five Forces Analysis
  • 3.7 Payment Processing Solutions Market - Company Market Share Analysis, 2019
  • 3.8 Payment Processing Solutions Market - PESTEL Analysis

Chapter 4 Payment Processing Solutions Payment Method Outlook

  • 4.1 Payment Processing Solutions Market Share By Payment Method, 2019
  • 4.2 Credit Card
    • 4.2.1 Credit card payment processing solutions market, 2016 - 2027
  • 4.3 Debit Card
    • 4.3.1 Debit card payment processing solutions market, 2016 - 2027
  • 4.4 E-Wallet
    • 4.4.1 E-wallet payment processing solutions market, 2016 - 2027

Chapter 5 Payment Processing Solutions End-use Outlook

  • 5.1 Payment Processing Solutions Market Share By End Use, 2019
  • 5.2 Hospitality
    • 5.2.1 Payment processing solutions market in hospitality, 2016 - 2027
  • 5.3 Retail
    • 5.3.1 Payment processing solutions market in retail, 2016 - 2027
  • 5.4 Utilities & Telecommunication
    • 5.4.1 Payment processing solutions market in utilities & telecommunication, 2016 - 2027
  • 5.5 Others
    • 5.5.1 Payment processing solutions market in other end use, 2016 - 2027

Chapter 6 Payment Processing Solutions Regional Outlook

  • 6.1 Payment Processing Solutions Market Share by Region, 2019
  • 6.2 North America
    • 6.2.1 North America payment processing solutions market, 2016 - 2027
    • 6.2.2 North America payment processing solutions market, by payment method, 2016 - 2027
    • 6.2.3 North America payment processing solutions market, by end use, 2016 - 2027
    • 6.2.4 U.S.
      • 6.2.4.1 U.S. payment processing solutions market, 2016 - 2027
      • 6.2.4.2 U.S. payment processing solutions market, by payment method, 2016 - 2027
      • 6.2.4.3 U.S. payment processing solutions market, by end use, 2016 - 2027
    • 6.2.5 Canada
      • 6.2.5.1 Canada payment processing solutions market, 2016 - 2027
      • 6.2.5.2 Canada payment processing solutions market, by payment method, 2016 - 2027
      • 6.2.5.3 Canada payment processing solutions market, by end use, 2016 - 2027
  • 6.3 Europe
    • 6.3.1 Europe payment processing solutions market, 2016 - 2027
    • 6.3.2 Europe payment processing solutions market, by payment method, 2016 - 2027
    • 6.3.3 Europe payment processing solutions market, by end use, 2016 - 2027
    • 6.3.4 Germany
      • 6.3.4.1 Germany payment processing solutions market, 2016 - 2027
      • 6.3.4.2 Germany payment processing solutions market, by payment method, 2016 - 2027
      • 6.3.4.3 Germany payment processing solutions market, by end use, 2016 - 2027
    • 6.3.5 U.K.
      • 6.3.5.1 U.K. payment processing solutions market, 2016 - 2027
      • 6.3.5.2 U.K. payment processing solutions market, by payment method, 2016 - 2027
      • 6.3.5.3 U.K. payment processing solutions market, by end use, 2016 - 2027
  • 6.4 Asia Pacific
    • 6.4.1 Asia Pacific payment processing solutions market, 2016 - 2027
    • 6.4.2 Asia Pacific payment processing solutions market, by payment method, 2016 - 2027
    • 6.4.3 Asia Pacific payment processing solutions market, by end use, 2016 - 2027
    • 6.4.4 China
      • 6.4.4.1 China payment processing solutions market, 2016 - 2027
      • 6.4.4.2 China payment processing solutions market, by payment method, 2016 - 2027
      • 6.4.4.3 China payment processing solutions market, by end use, 2016 - 2027
    • 6.4.5 India
      • 6.4.5.1 India payment processing solutions market, 2016 - 2027
      • 6.4.5.2 India payment processing solutions market, by payment method, 2016 - 2027
      • 6.4.5.3 India payment processing solutions market, by end use, 2016 - 2027
    • 6.4.6 Japan
      • 6.4.6.1 Japan payment processing solutions market, 2016 - 2027
      • 6.4.6.2 Japan payment processing solutions market, by payment method, 2016 - 2027
      • 6.4.6.3 Japan payment processing solutions market, by end use, 2016 - 2027
  • 6.5 Latin America
    • 6.5.1 Latin America payment processing solutions market, 2016 - 2027
    • 6.5.2 Latin America payment processing solutions market, by payment method, 2016 - 2027
    • 6.5.3 Latin America payment processing solutions market, by end use, 2016 - 2027
    • 6.5.4 Brazil
      • 6.5.4.1 Brazil payment processing solutions market, 2016 - 2027
      • 6.5.4.2 Brazil payment processing solutions market, by payment method, 2016 - 2027
      • 6.5.4.3 Brazil payment processing solutions market, by end use, 2016 - 2027
  • 6.6 MEA
    • 6.6.1 MEA payment processing solutions market, 2016 - 2027
    • 6.6.2 MEA payment processing solutions market, by payment method, 2016 - 2027
    • 6.6.3 MEA payment processing solutions market, by end use, 2016 - 2027

Chapter 7 Competitive Landscape

  • 7.1 Adyen N.V.
    • 7.1.1 Company overview
    • 7.1.2 Financial performance
    • 7.1.3 Product benchmarking
    • 7.1.4 Strategic initiatives
  • 7.2 Alipay
    • 7.2.1 Company overview
    • 7.2.2 Financial performance
    • 7.2.3 Product benchmarking
    • 7.2.4 Strategic initiatives
  • 7.3 Amazon Payments, Inc.
    • 7.3.1 Company overview
    • 7.3.2 Financial performance
    • 7.3.3 Product benchmarking
    • 7.3.4 Strategic initiatives
  • 7.4 Authorize.Net
    • 7.4.1 Company overview
    • 7.4.2 Financial performance
    • 7.4.3 Product benchmarking
    • 7.4.4 Strategic initiatives
  • 7.5 Paymill GmbH
    • 7.5.1 Company overview
    • 7.5.2 Financial performance
    • 7.5.3 Product benchmarking
    • 7.5.4 Strategic initiatives
  • 7.6 PayPal Holdings Inc.
    • 7.6.1 Company overview
    • 7.6.2 Financial performance
    • 7.6.3 Product benchmarking
    • 7.6.4 Strategic initiatives
  • 7.7 PayU Group
    • 7.7.1 Company overview
    • 7.7.1 Financial performance
    • 7.7.2 Product benchmarking
    • 7.7.3 Strategic initiatives
  • 7.8 Ping++
    • 7.8.1 Company overview
    • 7.8.2 Financial performance
    • 7.8.3 Product benchmarking
    • 7.8.4 Strategic initiatives
  • 7.9 SecurePay
    • 7.9.1 Company overview
    • 7.9.2 Financial performance
    • 7.9.3 Product benchmarking
    • 7.9.4 Strategic initiatives
  • 7.10 Stripe
    • 7.10.1 Company overview
    • 7.10.2 Financial performance
    • 7.10.3 Product benchmarking
    • 7.10.4 Strategic initiatives
  • 7.11 Other Prominent Market Competitors

List of Tables

  • TABLE 1 Payment processing solutions market - Industry snapshot & key buying criteria, 2016 - 2027
  • TABLE 2 Global payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 3 Global payment processing solutions market, by region, 2016 - 2027 (USD Billion)
  • TABLE 4 Global payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 5 Global payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 6 Vendor landscape
  • TABLE 7 Payment processing solutions market - Key market driver impact
  • TABLE 8 Payment processing solutions market - Key market challenge impact
  • TABLE 9 Credit card payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 10 Credit card payment processing solutions market, by region, 2016 - 2027 (USD Billion)
  • TABLE 11 Debit card payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 12 Debit card payment processing solutions market, by region, 2016 - 2027 (USD Billion)
  • TABLE 13 E-wallet payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 14 E-wallet payment processing solutions market, by region, 2016 - 2027 (USD Billion)
  • TABLE 15 Payment processing solutions market in hospitality, 2016 - 2027 (USD Billion)
  • TABLE 16 Payment processing solutions market in hospitality, by region, 2016 - 2027 (USD Billion)
  • TABLE 17 Payment processing solutions market in retail, 2016 - 2027 (USD Billion)
  • TABLE 18 Payment processing solutions market in retail, by region, 2016 - 2027 (USD Billion)
  • TABLE 19 Payment processing solutions market in utilities & telecommunication, 2016 - 2027 (USD Billion)
  • TABLE 20 Payment processing solutions market in utilities & telecommunication, by region, 2016 - 2027 (USD Billion)
  • TABLE 21 Payment processing solutions market in other end use, 2016 - 2027 (USD Billion)
  • TABLE 22 Payment processing solutions market in other end use, by region, 2016 - 2027 (USD Billion)
  • TABLE 23 North America payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 24 North America payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 25 North America payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 26 U.S. payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 27 U.S. payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 28 U.S. payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 29 Canada payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 30 Canada payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 31 Canada payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 32 Europe payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 33 Europe payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 34 Europe payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 35 Germany payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 36 Germany payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 37 Germany payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 38 U.K. payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 39 U.K. payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 40 U.K. payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 41 Asia Pacific payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 42 Asia Pacific payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 43 Asia Pacific payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 44 China payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 45 China payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 46 China payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 47 India payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 48 India payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 49 India payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 50 Japan payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 51 Japan payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 52 Japan payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 53 Latin America payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 54 Latin America payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 55 Latin America payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 56 Brazil payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 57 Brazil payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 58 Brazil payment processing solutions market, by end use, 2016 - 2027 (USD Billion)
  • TABLE 59 MEA payment processing solutions market, 2016 - 2027 (USD Billion)
  • TABLE 60 MEA payment processing solutions market, by payment method, 2016 - 2027 (USD Billion)
  • TABLE 61 MEA payment processing solutions market, by end use, 2016 - 2027 (USD Billion)

List of Figures

  • FIG. 1 Market segmentation and scope
  • FIG. 2 Global payment processing solutions market, 2016 - 2027 (USD Billion)
  • FIG. 3 Payment processing solutions market - Value chain analysis
  • FIG. 4 Payment processing solutions market dynamics
  • FIG. 5 Key opportunities prioritized
  • FIG. 6 Payment processing solutions market - Porter's five forces analysis
  • FIG. 7 Payment processing solutions market - Key company market share analysis, 2019
  • FIG. 8 Payment processing solutions market - PESTEL analysis
  • FIG. 9 Payment processing solutions market, by payment method, 2019
  • FIG. 10 Payment processing solutions market, by end use, 2019
  • FIG. 11 Payment processing solutions market, by region, 2019
  • FIG. 12 Payment processing solutions market - Regional takeaways
  • FIG. 13 North America payment processing solutions market - Key takeaways
  • FIG. 14 Europe payment processing solutions market - Key takeaways
  • FIG. 15 Asia Pacific payment processing solutions market - Key takeaways
  • FIG. 16 Latin America payment processing solutions market - Key takeaways
  • FIG. 17 MEA payment processing solutions market - Key takeaways
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