Payment Processing Solutions Market Size Worth $78.24 Billion by 2026 Global Industry Size

Payment Payment Processing Payment Processing Solutions Market Solutions Market Size

Payment Processing Solutions Market Size Worth $78.24 Billion by 2026 Global Industry Size, Share, Trends and Technology Advancements by PayPal, First Data Corporation, Square, Wirecard, Stripe, Adyen: Says DBMR Analyst

Payment Processing Solutions Market Size Worth $78.24 Billion by 2026 Global Industry Size, Share, Trends and Technology Advancements by PayPal, First Data Corporation, Square, Wirecard, Stripe, Adyen: Says DBMR Analyst Email Print Friendly Share June 17, 2020 16:37 ET | Source: Data Bridge Market Research LONDON, June 17, 2020 (GLOBE NEWSWIRE) -- Data Bridge Market Research has published a new report titled “Payment Processing Solutions Market" by Payment Method (E-Wallet, Credit Card, Debit Card), Vertical (Retail, Hospitality, IT & Telecommunication, Utilities, BFSI, Media & Entertainment, Transportation, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019-2026. According to the report published by Data Bridge Market, Global payment processing solutions market is expected to rise to an estimated value of USD 78.24 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the significant surge in utilization of e-commerce and the subsequent digital payment services associated with the industry.  Download free Sample Report in Depth Analysis & Access Insightful Study with over 200+ pages, list of tables & figures, profiling 20+ companies @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-payment-processing-solutions-market  Payment processing solutions is the combined technological offerings that work in collaboration with the merchant and customer to process the financial transactions with the generation of a payment gateway which operates on a set of parameters pre-defined by the merchant. These solutions act as a middle man between the merchant and consumer account providing efficient flow of financial transactions. These solutions are a combination of all the processes that work together to provide better transactional flow. 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. The growing adoption of online shopping over the last few years has led retailers to opt for digital payment processing solutions. Payment processing solutions help retailers to improve customer service, reduce cost, and decrease the risk of fraudulent transactions. In July 2019, PayU announced that they had acquired a major stake in the Southeast Asia based Red Dot Payment essentially expanding their service providing capabilities in the region as well as extending their payment solution offerings. This acquisition is evidence of PayU’s focus on establishing themselves as the leader of payment solutions as well as becoming the biggest financial investor globally.  Visit to Full Study Report @ https://www.databridgemarketresearch.com/reports/global-payment-processing-solutions-market  COMPANIES MENTIONED INCLUDE (we can also add the other companies as you want):  PayPal Adyen Stripe Wirecard Square Inc. CCBill LLC Global Payments Inc. PayU money Authorize.Net Due Inc. First Data Corporation Jack Henry & Associates Inc. Access full Report @ https://www.databridgemarketresearch.com/checkout/buy/singleuser/global-payment-processing-solutions-market  Furthermore, the increasing adoption of online shopping is fuelling the payment processing solutions market. Payment processing solutions help media and entertainment organizations to reduce costs and provide digital payment solutions with advanced security options. The adoption of mobile commerce in the transportation sector is increasing. Car rental organizations, such as Uber and Lyft, are the major reason for this growth. This is also fuelling this market. However, the lack of standardization for international transactions and issues related to maintaining data secrecy may adversely affect market growth. Major growth factors for the market include increasing worldwide 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 expected to drive the global payment processing solutions market.  Payment Processing Solutions Market Drivers:  Increased promotion and strategies adopted by various authorities of the world to promote digital payment methods is expected to drive the growth of the market Growing usage of online payment methods as it promotes convenience and easier transactions is expected to drive the growth of the market Significant surge of smartphone users and integration of online payment solutions in these devices is expected to drive the growth of the market Increased demand for easing the transactional flow to more efficiency while constant advancements are underway to improve the customer handling Segmentation: Global Payment Processing Solutions Market  By Payment Method  E-Wallet Credit Card Debit Card By Vertical  Retail Hospitality IT & Telecommunication Utilities BFSI Media & Entertainment Transportation Others By Geography  North America Europe Asia-Pacific South America Middle East and Africa Speak To Our Analyst: To know How COVID-19 Pandemic Will Impact This Market/Industry @ https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-payment-processing-solutions-market  Middle East & North Africa Payment Processing Solutions Market Scope and Market Size  Payment processing solutions market is segmented on the basis of payment, organisation size and vertical. The growth among segments helps you to analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.  On the basis of payment, the market is segmented into e-wallet, credit card, debit card and prepaid card. The e-wallet is dominating the market as it seems major adoption by the banking and retail sectors to enhance the customer service experience. Rising trend of digitalisation is getting supported by the government as well as youth population which creates demand for the new e-wallet services as a result new players are entering the market.  Some of the Major Highlights of TOC covers:  Chapter 1: Methodology & Scope  Definition and forecast parameters Methodology and forecast parameters Data Sources Chapter 2: Executive Summary  Business trends Regional trends Product trends End-use trends Chapter 3: Payment Processing Solutions Industry Insights  Industry segmentation Industry landscape Vendor matrix Technological and innovation landscape Chapter 4: Payment Processing Solutions Market, By Region  Chapter 5: Company Profile  Business Overview Financial Data Product Landscape Strategic Outlook SWOT Analysis Click here to Details Tables of Content @ https://www.databridgemarketresearch.com/toc/?dbmr=global-payment-processing-solutions-market  Key Suggestions From Payment Processing Solutions Market Report:  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 PayPal, Adyen, Stripe, Wirecard, Square, Inc., CCBill, LLC, Global Payments Inc., PayU money, Authorize.Net, Due Inc., First Data Corporation, Jack Henry & Associates, Inc., Alipay.com, Paysafe Holdings UK Limited, BlueSnap Inc., Flagship Merchant Services, Payline Data Services, LLC, GoCardless, INFIBEAM AVENUES, Payvision, Ingenico Group, BillingTree, Computer Services, Inc. and Total System Services, Inc What Questions Does The Report Answer With Respect To The Regional Spectrum Of The Payment Processing Solutions Market?  The report apparently splits the regional terrain into North America, Europe, Asia-Pacific, South America & Middle East and Africa. Which of these topographies is expected to accumulate the highest market share over the forecast duration? How much is the sales rate that each company mentioned in the report is predicted to attain? How strong do the profit statistics of the Payment Processing Solutions Market look like? What is the approximate revenue share currently held by each geography? How much revenue will every region North America, Europe, Asia-Pacific, South America & Middle East and Africa account for, over the expected timeframe? How much is the growth rate each region is expected to register over the projected timeline? Browse Related Reports:  Middle East & North Africa Payment Processing Solutions Market By Payment (E-Wallet, Credit Card, Debit Card, Prepaid Card), Organization Size (Large Organization and Small & Medium Organization), Vertical (Retail, Healthcare, Restaurant, Travel, Consumer Electronics, Telecommunication, Automotive, Energy & Utilities, Others), Country (U.A.E, Saudi Arabia, Israel, Egypt, Morocco, and Rest of Middle East & North Africa), Market Trends and Forecast to 2027. https://www.databridgemarketresearch.com/reports/middle-east-and-north-africa-payment-processing-solutions-market   ePayment System Market By  Solution (Encryption, Tokenization, Fraud Detection and Prevention), Service (Integration, Support, Consulting), Organization Size (Large Enterprises, SMEs), Vertical, By Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025 https://www.databridgemarketresearch.com/reports/global-epayment-system-market   Digital Payment Market By Type (Solutions, Services), Deployment Mode (On-Premises, Cloud), Organization Size (SMEs, Large Enterprises), Vertical (Banking, Financial Services, and Insurance, Telecom & Information Technology, Retail & E-Commerce, Healthcare, Media & Entertainment, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 https://www.databridgemarketresearch.com/reports/global-digital-payment-market  Mobile Payment Technologies Market By Type (Proximity Payment, Remote Payment), Purchase Type (Airtime Transfers & Top-Ups, Merchandise & Coupons, Money Transfers & Payments, Travel & Ticketing, Others), End-Use (BFSI, Retail, Media & Entertainment, Hospitality & Tourism, Education, Healthcare, IT & Telecommunications, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 https://www.databridgemarketresearch.com/reports/global-mobile-payment-technologies-market Note: If you have any special requirements, please let us know and we will offer you the report as you want and you can also-get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific. Email us at sopan.gedam@databridgemarketresearch.com  About Data Bridge Market Research:  An absolute way to forecast what future holds is to comprehend the trend today!  Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience, which was formulated and framed in the year 2015 in Pune.

LONDON, June 17, 2020 (GLOBE NEWSWIRE) -- Data Bridge Market Research has published a new report titled “Payment Processing Solutions Market" by Payment Method (E-Wallet, Credit Card, Debit Card), Vertical (Retail, Hospitality, IT & Telecommunication, Utilities, BFSI, Media & Entertainment, Transportation, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019-2026. According to the report published by Data Bridge Market, Global payment processing solutions market is expected to rise to an estimated value of USD 78.24 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the significant surge in utilization of e-commerce and the subsequent digital payment services associated with the industry.

Download free Sample Report in Depth Analysis & Access Insightful Study with over 200+ pages, list of tables & figures, profiling 20+ companies @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-payment-processing-solutions-market

Payment processing solutions is the combined technological offerings that work in collaboration with the merchant and customer to process the financial transactions with the generation of a payment gateway which operates on a set of parameters pre-defined by the merchant. These solutions act as a middle man between the merchant and consumer account providing efficient flow of financial transactions. These solutions are a combination of all the processes that work together to provide better transactional flow. 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. The growing adoption of online shopping over the last few years has led retailers to opt for digital payment processing solutions. Payment processing solutions help retailers to improve customer service, reduce cost, and decrease the risk of fraudulent transactions. In July 2019, PayU announced that they had acquired a major stake in the Southeast Asia based Red Dot Payment essentially expanding their service providing capabilities in the region as well as extending their payment solution offerings. This acquisition is evidence of PayU’s focus on establishing themselves as the leader of payment solutions as well as becoming the biggest financial investor globally.

Visit to Full Study Report @ https://www.databridgemarketresearch.com/reports/global-payment-processing-solutions-market

COMPANIES MENTIONED INCLUDE (we can also add the other companies as you want):

  • PayPal
  • Adyen
  • Stripe
  • Wirecard
  • Square Inc.
  • CCBill LLC
  • Global Payments Inc.
  • PayU money
  • Authorize.Net
  • Due Inc.
  • First Data Corporation
  • Jack Henry & Associates Inc.

Access full Report @ https://www.databridgemarketresearch.com/checkout/buy/singleuser/global-payment-processing-solutions-market

Furthermore, the increasing adoption of online shopping is fuelling the payment processing solutions market. Payment processing solutions help media and entertainment organizations to reduce costs and provide digital payment solutions with advanced security options. The adoption of mobile commerce in the transportation sector is increasing. Car rental organizations, such as Uber and Lyft, are the major reason for this growth. This is also fuelling this market. However, the lack of standardization for international transactions and issues related to maintaining data secrecy may adversely affect market growth. Major growth factors for the market include increasing worldwide 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 expected to drive the global payment processing solutions market.

Payment Processing Solutions Market Drivers:

  • Increased promotion and strategies adopted by various authorities of the world to promote digital payment methods is expected to drive the growth of the market
  • Growing usage of online payment methods as it promotes convenience and easier transactions is expected to drive the growth of the market
  • Significant surge of smartphone users and integration of online payment solutions in these devices is expected to drive the growth of the market
  • Increased demand for easing the transactional flow to more efficiency while constant advancements are underway to improve the customer handling

Segmentation: Global Payment Processing Solutions Market

By Payment Method

  • E-Wallet
  • Credit Card
  • Debit Card

By Vertical

  • Retail
  • Hospitality
  • IT & Telecommunication
  • Utilities
  • BFSI
  • Media & Entertainment
  • Transportation
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

Speak To Our Analyst: To know How COVID-19 Pandemic Will Impact This Market/Industry @ https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-payment-processing-solutions-market

Middle East & North Africa Payment Processing Solutions Market Scope and Market Size

Payment processing solutions market is segmented on the basis of payment, organisation size and vertical. The growth among segments helps you to analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of payment, the market is segmented into e-wallet, credit card, debit card and prepaid card. The e-wallet is dominating the market as it seems major adoption by the banking and retail sectors to enhance the customer service experience. Rising trend of digitalisation is getting supported by the government as well as youth population which creates demand for the new e-wallet services as a result new players are entering the market.

Some of the Major Highlights of TOC covers:

Chapter 1: Methodology & Scope

  • Definition and forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2: Executive Summary

  • Business trends
  • Regional trends
  • Product trends
  • End-use trends

Chapter 3: Payment Processing Solutions Industry Insights

  • Industry segmentation
  • Industry landscape
  • Vendor matrix
  • Technological and innovation landscape

Chapter 4: Payment Processing Solutions Market, By Region

Chapter 5: Company Profile

  • Business Overview
  • Financial Data
  • Product Landscape
  • Strategic Outlook
  • SWOT Analysis

Click here to Details Tables of Content @ https://www.databridgemarketresearch.com/toc/?dbmr=global-payment-processing-solutions-market

Key Suggestions From Payment Processing Solutions Market Report:

  • 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 PayPal, Adyen, Stripe, Wirecard, Square, Inc., CCBill, LLC, Global Payments Inc., PayU money, Authorize.Net, Due Inc., First Data Corporation, Jack Henry & Associates, Inc., Alipay.com, Paysafe Holdings UK Limited, BlueSnap Inc., Flagship Merchant Services, Payline Data Services, LLC, GoCardless, INFIBEAM AVENUES, Payvision, Ingenico Group, BillingTree, Computer Services, Inc. and Total System Services, Inc

What Questions Does The Report Answer With Respect To The Regional Spectrum Of The Payment Processing Solutions Market?

  • The report apparently splits the regional terrain into North America, Europe, Asia-Pacific, South America & Middle East and Africa. Which of these topographies is expected to accumulate the highest market share over the forecast duration?
  • How much is the sales rate that each company mentioned in the report is predicted to attain?
  • How strong do the profit statistics of the Payment Processing Solutions Market look like?
  • What is the approximate revenue share currently held by each geography?
  • How much revenue will every region North America, Europe, Asia-Pacific, South America & Middle East and Africa account for, over the expected timeframe?
  • How much is the growth rate each region is expected to register over the projected timeline?

Browse Related Reports:

Note: If you have any special requirements, please let us know and we will offer you the report as you want and you can also-get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific. Email us at sopan.gedam@databridgemarketresearch.com

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience, which was formulated and framed in the year 2015 in Pune.

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