Payment processing is how businesses complete credit card and debit card transactions. Payment processing services expedite card transactions, and payment gateways securely transmit data so money from a customer's issuing bank can be transferred to a merchant's account. All of this happens in seconds.
In the simplest terms, a payment processor is a company that handles transactions between two parties, such as a merchant and a customer. It accomplishes the payment by relaying the payment information, like a credit card, from the customer to the merchant?s preferred bank account.
This report aims to provide a comprehensive presentation of the global market for Payment Processing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Payment Processing. This report contains market size and forecasts of Payment Processing in global, including the following market information:
Global Payment Processing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Payment Processing market was valued at US$ 93510 million in 2022 and is projected to reach US$ 231810 million by 2029, at a CAGR of 13.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In the global Payment Processing market, the five leading players are PayPal, Global Payments, Adyen, Fiserv ans Stripe. They hold a share over 50%.
We surveyed the Payment Processing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Payment Processing Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Payment Processing Market Segment Percentages, by Type, 2022 (%)
- Credit Card & Debit Card
- eWallet
- Others
Global Payment Processing Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Payment Processing Market Segment Percentages, by Application, 2022 (%)
Global Payment Processing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Payment Processing Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Payment Processing revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Payment Processing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- PayPal
- Global Payments
- Adyen
- Fiserv
- Stripe
- Square
- Worldline
- GoCardless
- Payline Data
- Due Payments
- Flagship Merchant Services
- Cayan
- BitPay
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Payment Processing, market overview.
- Chapter 2: Global Payment Processing market size in revenue.
- Chapter 3: Detailed analysis of Payment Processing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Payment Processing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Payment Processing Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Payment Processing Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Payment Processing Overall Market Size
2.1 Global Payment Processing Market Size: 2022 VS 2029
2.2 Global Payment Processing Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Payment Processing Players in Global Market
3.2 Top Global Payment Processing Companies Ranked by Revenue
3.3 Global Payment Processing Revenue by Companies
3.4 Top 3 and Top 5 Payment Processing Companies in Global Market, by Revenue in 2022
3.5 Global Companies Payment Processing Product Type
3.6 Tier 1, Tier 2 and Tier 3 Payment Processing Players in Global Market
3.6.1 List of Global Tier 1 Payment Processing Companies
3.6.2 List of Global Tier 2 and Tier 3 Payment Processing Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Payment Processing Market Size Markets, 2022 & 2029
4.1.2 Credit Card & Debit Card
4.1.3 eWallet
4.1.4 Others
4.2 By Type - Global Payment Processing Revenue & Forecasts
4.2.1 By Type - Global Payment Processing Revenue, 2018-2023
4.2.2 By Type - Global Payment Processing Revenue, 2024-2029
4.2.3 By Type - Global Payment Processing Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Payment Processing Market Size, 2022 & 2029
5.1.2 Large Enterprises
5.1.3 SMEs
5.2 By Application - Global Payment Processing Revenue & Forecasts
5.2.1 By Application - Global Payment Processing Revenue, 2018-2023
5.2.2 By Application - Global Payment Processing Revenue, 2024-2029
5.2.3 By Application - Global Payment Processing Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Payment Processing Market Size, 2022 & 2029
6.2 By Region - Global Payment Processing Revenue & Forecasts
6.2.1 By Region - Global Payment Processing Revenue, 2018-2023
6.2.2 By Region - Global Payment Processing Revenue, 2024-2029
6.2.3 By Region - Global Payment Processing Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Payment Processing Revenue, 2018-2029
6.3.2 US Payment Processing Market Size, 2018-2029
6.3.3 Canada Payment Processing Market Size, 2018-2029
6.3.4 Mexico Payment Processing Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Payment Processing Revenue, 2018-2029
6.4.2 Germany Payment Processing Market Size, 2018-2029
6.4.3 France Payment Processing Market Size, 2018-2029
6.4.4 U.K. Payment Processing Market Size, 2018-2029
6.4.5 Italy Payment Processing Market Size, 2018-2029
6.4.6 Russia Payment Processing Market Size, 2018-2029
6.4.7 Nordic Countries Payment Processing Market Size, 2018-2029
6.4.8 Benelux Payment Processing Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Payment Processing Revenue, 2018-2029
6.5.2 China Payment Processing Market Size, 2018-2029
6.5.3 Japan Payment Processing Market Size, 2018-2029
6.5.4 South Korea Payment Processing Market Size, 2018-2029
6.5.5 Southeast Asia Payment Processing Market Size, 2018-2029
6.5.6 India Payment Processing Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Payment Processing Revenue, 2018-2029
6.6.2 Brazil Payment Processing Market Size, 2018-2029
6.6.3 Argentina Payment Processing Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Payment Processing Revenue, 2018-2029
6.7.2 Turkey Payment Processing Market Size, 2018-2029
6.7.3 Israel Payment Processing Market Size, 2018-2029
6.7.4 Saudi Arabia Payment Processing Market Size, 2018-2029
6.7.5 UAE Payment Processing Market Size, 2018-2029
7 Payment Processing Companies Profiles
7.1 PayPal
7.1.1 PayPal Company Summary
7.1.2 PayPal Business Overview
7.1.3 PayPal Payment Processing Major Product Offerings
7.1.4 PayPal Payment Processing Revenue in Global Market (2018-2023)
7.1.5 PayPal Key News & Latest Developments
7.2 Global Payments
7.2.1 Global Payments Company Summary
7.2.2 Global Payments Business Overview
7.2.3 Global Payments Payment Processing Major Product Offerings
7.2.4 Global Payments Payment Processing Revenue in Global Market (2018-2023)
7.2.5 Global Payments Key News & Latest Developments
7.3 Adyen
7.3.1 Adyen Company Summary
7.3.2 Adyen Business Overview
7.3.3 Adyen Payment Processing Major Product Offerings
7.3.4 Adyen Payment Processing Revenue in Global Market (2018-2023)
7.3.5 Adyen Key News & Latest Developments
7.4 Fiserv
7.4.1 Fiserv Company Summary
7.4.2 Fiserv Business Overview
7.4.3 Fiserv Payment Processing Major Product Offerings
7.4.4 Fiserv Payment Processing Revenue in Global Market (2018-2023)
7.4.5 Fiserv Key News & Latest Developments
7.5 Stripe
7.5.1 Stripe Company Summary
7.5.2 Stripe Business Overview
7.5.3 Stripe Payment Processing Major Product Offerings
7.5.4 Stripe Payment Processing Revenue in Global Market (2018-2023)
7.5.5 Stripe Key News & Latest Developments
7.6 Square
7.6.1 Square Company Summary
7.6.2 Square Business Overview
7.6.3 Square Payment Processing Major Product Offerings
7.6.4 Square Payment Processing Revenue in Global Market (2018-2023)
7.6.5 Square Key News & Latest Developments
7.7 Worldline
7.7.1 Worldline Company Summary
7.7.2 Worldline Business Overview
7.7.3 Worldline Payment Processing Major Product Offerings
7.7.4 Worldline Payment Processing Revenue in Global Market (2018-2023)
7.7.5 Worldline Key News & Latest Developments
7.8 GoCardless
7.8.1 GoCardless Company Summary
7.8.2 GoCardless Business Overview
7.8.3 GoCardless Payment Processing Major Product Offerings
7.8.4 GoCardless Payment Processing Revenue in Global Market (2018-2023)
7.8.5 GoCardless Key News & Latest Developments
7.9 Payline Data
7.9.1 Payline Data Company Summary
7.9.2 Payline Data Business Overview
7.9.3 Payline Data Payment Processing Major Product Offerings
7.9.4 Payline Data Payment Processing Revenue in Global Market (2018-2023)
7.9.5 Payline Data Key News & Latest Developments
7.10 Due Payments
7.10.1 Due Payments Company Summary
7.10.2 Due Payments Business Overview
7.10.3 Due Payments Payment Processing Major Product Offerings
7.10.4 Due Payments Payment Processing Revenue in Global Market (2018-2023)
7.10.5 Due Payments Key News & Latest Developments
7.11 Flagship Merchant Services
7.11.1 Flagship Merchant Services Company Summary
7.11.2 Flagship Merchant Services Business Overview
7.11.3 Flagship Merchant Services Payment Processing Major Product Offerings
7.11.4 Flagship Merchant Services Payment Processing Revenue in Global Market (2018-2023)
7.11.5 Flagship Merchant Services Key News & Latest Developments
7.12 Cayan
7.12.1 Cayan Company Summary
7.12.2 Cayan Business Overview
7.12.3 Cayan Payment Processing Major Product Offerings
7.12.4 Cayan Payment Processing Revenue in Global Market (2018-2023)
7.12.5 Cayan Key News & Latest Developments
7.13 BitPay
7.13.1 BitPay Company Summary
7.13.2 BitPay Business Overview
7.13.3 BitPay Payment Processing Major Product Offerings
7.13.4 BitPay Payment Processing Revenue in Global Market (2018-2023)
7.13.5 BitPay Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Payment Processing Market Opportunities & Trends in Global Market
Table 2. Payment Processing Market Drivers in Global Market
Table 3. Payment Processing Market Restraints in Global Market
Table 4. Key Players of Payment Processing in Global Market
Table 5. Top Payment Processing Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Payment Processing Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Payment Processing Revenue Share by Companies, 2018-2023
Table 8. Global Companies Payment Processing Product Type
Table 9. List of Global Tier 1 Payment Processing Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Payment Processing Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Payment Processing Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Payment Processing Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Payment Processing Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Payment Processing Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Payment Processing Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Payment Processing Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Payment Processing Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Payment Processing Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Payment Processing Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Payment Processing Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Payment Processing Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Payment Processing Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Payment Processing Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Payment Processing Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Payment Processing Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Payment Processing Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Payment Processing Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Payment Processing Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Payment Processing Revenue, (US$, Mn), 2024-2029
Table 30. PayPal Company Summary
Table 31. PayPal Payment Processing Product Offerings
Table 32. PayPal Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 33. PayPal Key News & Latest Developments
Table 34. Global Payments Company Summary
Table 35. Global Payments Payment Processing Product Offerings
Table 36. Global Payments Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 37. Global Payments Key News & Latest Developments
Table 38. Adyen Company Summary
Table 39. Adyen Payment Processing Product Offerings
Table 40. Adyen Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 41. Adyen Key News & Latest Developments
Table 42. Fiserv Company Summary
Table 43. Fiserv Payment Processing Product Offerings
Table 44. Fiserv Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 45. Fiserv Key News & Latest Developments
Table 46. Stripe Company Summary
Table 47. Stripe Payment Processing Product Offerings
Table 48. Stripe Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 49. Stripe Key News & Latest Developments
Table 50. Square Company Summary
Table 51. Square Payment Processing Product Offerings
Table 52. Square Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 53. Square Key News & Latest Developments
Table 54. Worldline Company Summary
Table 55. Worldline Payment Processing Product Offerings
Table 56. Worldline Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 57. Worldline Key News & Latest Developments
Table 58. GoCardless Company Summary
Table 59. GoCardless Payment Processing Product Offerings
Table 60. GoCardless Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 61. GoCardless Key News & Latest Developments
Table 62. Payline Data Company Summary
Table 63. Payline Data Payment Processing Product Offerings
Table 64. Payline Data Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 65. Payline Data Key News & Latest Developments
Table 66. Due Payments Company Summary
Table 67. Due Payments Payment Processing Product Offerings
Table 68. Due Payments Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 69. Due Payments Key News & Latest Developments
Table 70. Flagship Merchant Services Company Summary
Table 71. Flagship Merchant Services Payment Processing Product Offerings
Table 72. Flagship Merchant Services Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 73. Flagship Merchant Services Key News & Latest Developments
Table 74. Cayan Company Summary
Table 75. Cayan Payment Processing Product Offerings
Table 76. Cayan Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 77. Cayan Key News & Latest Developments
Table 78. BitPay Company Summary
Table 79. BitPay Payment Processing Product Offerings
Table 80. BitPay Payment Processing Revenue (US$, Mn) & (2018-2023)
Table 81. BitPay Key News & Latest Developments
List of Figures
Figure 1. Payment Processing Segment by Type in 2022
Figure 2. Payment Processing Segment by Application in 2022
Figure 3. Global Payment Processing Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Payment Processing Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Payment Processing Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Payment Processing Revenue in 2022
Figure 8. By Type - Global Payment Processing Revenue Market Share, 2018-2029
Figure 9. By Application - Global Payment Processing Revenue Market Share, 2018-2029
Figure 10. By Type - Global Payment Processing Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Payment Processing Revenue Market Share, 2018-2029
Figure 12. By Application - Global Payment Processing Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Payment Processing Revenue Market Share, 2018-2029
Figure 14. By Region - Global Payment Processing Revenue Market Share, 2018-2029
Figure 15. By Country - North America Payment Processing Revenue Market Share, 2018-2029
Figure 16. US Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Payment Processing Revenue Market Share, 2018-2029
Figure 20. Germany Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 21. France Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Payment Processing Revenue Market Share, 2018-2029
Figure 28. China Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 32. India Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Payment Processing Revenue Market Share, 2018-2029
Figure 34. Brazil Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Payment Processing Revenue Market Share, 2018-2029
Figure 37. Turkey Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Payment Processing Revenue, (US$, Mn), 2018-2029
Figure 41. PayPal Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Global Payments Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Adyen Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Fiserv Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Stripe Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Square Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Worldline Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. GoCardless Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Payline Data Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Due Payments Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Flagship Merchant Services Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Cayan Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. BitPay Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
