Cross-Border Payment Service Market, Global Outlook and Forecast 2022-2028

July 2022 | 67 pages | ID: CDC19BB82E12EN
Market Monitor Global

Abstracts

Cross-border payments are financial transactions where the payer and the recipient are based in separate countries. They cover both wholesale and retail payments, including remittances. Cross-border payments can be made in several different ways.

This report contains market size and forecasts of Cross-Border Payment Service in Global, including the following market information:

Global Cross-Border Payment Service Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Cross-Border Payment Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

B2B Cross-Border Payment Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Cross-Border Payment Service include Western Union, Paypal, Google Checout, Worldpay, Ecopayz, Skill, MoneyGram, Gspay and Paysafecard, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cross-Border Payment Service 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 Cross-Border Payment Service Market, By Type, 2017-2022, 2023-2028 ($ millions)

Global Cross-Border Payment Service Market Segment Percentages, By Type, 2021 (%)

• B2B Cross-Border Payment
• B2C Cross-Border Payment
• Others

Global Cross-Border Payment Service Market, By Application, 2017-2022, 2023-2028 ($ millions)

Global Cross-Border Payment Service Market Segment Percentages, By Application, 2021 (%)

• Personal
• Enterprise
• Others

Global Cross-Border Payment Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Cross-Border Payment Service Market Segment Percentages, By Region and Country, 2021 (%)

• 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 Cross-Border Payment Service revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Cross-Border Payment Service revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Western Union
• Paypal
• Google Checout
• Worldpay
• Ecopayz
• Skill
• MoneyGram
• Gspay
• Paysafecard
• Payoneer
• Eway
• Paymate

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Cross-Border Payment Service Market Definition
1.2 Market Segments
  1.2.1 Market By Type
  1.2.2 Market By Application
1.3 Global Cross-Border Payment Service 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 CROSS-BORDER PAYMENT SERVICE OVERALL MARKET SIZE

2.1 Global Cross-Border Payment Service Market Size: 2021 VS 2028
2.2 Global Cross-Border Payment Service Market Size, Prospects & Forecasts: 2017-2028
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 Cross-Border Payment Service Players in Global Market
3.2 Top Global Cross-Border Payment Service Companies Ranked by Revenue
3.3 Global Cross-Border Payment Service Revenue by Companies
3.4 Top 3 and Top 5 Cross-Border Payment Service Companies in Global Market, by Revenue in 2021
3.5 Global Companies Cross-Border Payment Service Product Type
3.6 Tier 1, Tier 2 and Tier 3 Cross-Border Payment Service Players in Global Market
  3.6.1 List of Global Tier 1 Cross-Border Payment Service Companies
  3.6.2 List of Global Tier 2 and Tier 3 Cross-Border Payment Service Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - Global Cross-Border Payment Service Market Size Markets, 2021 & 2028
  4.1.2 B2B Cross-Border Payment
  4.1.3 B2C Cross-Border Payment
  4.1.4 Others
4.2 By Type - Global Cross-Border Payment Service Revenue & Forecasts
  4.2.1 By Type - Global Cross-Border Payment Service Revenue, 2017-2022
  4.2.2 By Type - Global Cross-Border Payment Service Revenue, 2023-2028
  4.2.3 By Type - Global Cross-Border Payment Service Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Cross-Border Payment Service Market Size, 2021 & 2028
  5.1.2 Personal
  5.1.3 Enterprise
  5.1.4 Others
5.2 By Application - Global Cross-Border Payment Service Revenue & Forecasts
  5.2.1 By Application - Global Cross-Border Payment Service Revenue, 2017-2022
  5.2.2 By Application - Global Cross-Border Payment Service Revenue, 2023-2028
  5.2.3 By Application - Global Cross-Border Payment Service Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Cross-Border Payment Service Market Size, 2021 & 2028
6.2 By Region - Global Cross-Border Payment Service Revenue & Forecasts
  6.2.1 By Region - Global Cross-Border Payment Service Revenue, 2017-2022
  6.2.2 By Region - Global Cross-Border Payment Service Revenue, 2023-2028
  6.2.3 By Region - Global Cross-Border Payment Service Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Cross-Border Payment Service Revenue, 2017-2028
  6.3.2 US Cross-Border Payment Service Market Size, 2017-2028
  6.3.3 Canada Cross-Border Payment Service Market Size, 2017-2028
  6.3.4 Mexico Cross-Border Payment Service Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Cross-Border Payment Service Revenue, 2017-2028
  6.4.2 Germany Cross-Border Payment Service Market Size, 2017-2028
  6.4.3 France Cross-Border Payment Service Market Size, 2017-2028
  6.4.4 U.K. Cross-Border Payment Service Market Size, 2017-2028
  6.4.5 Italy Cross-Border Payment Service Market Size, 2017-2028
  6.4.6 Russia Cross-Border Payment Service Market Size, 2017-2028
  6.4.7 Nordic Countries Cross-Border Payment Service Market Size, 2017-2028
  6.4.8 Benelux Cross-Border Payment Service Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Cross-Border Payment Service Revenue, 2017-2028
  6.5.2 China Cross-Border Payment Service Market Size, 2017-2028
  6.5.3 Japan Cross-Border Payment Service Market Size, 2017-2028
  6.5.4 South Korea Cross-Border Payment Service Market Size, 2017-2028
  6.5.5 Southeast Asia Cross-Border Payment Service Market Size, 2017-2028
  6.5.6 India Cross-Border Payment Service Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Cross-Border Payment Service Revenue, 2017-2028
  6.6.2 Brazil Cross-Border Payment Service Market Size, 2017-2028
  6.6.3 Argentina Cross-Border Payment Service Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Cross-Border Payment Service Revenue, 2017-2028
  6.7.2 Turkey Cross-Border Payment Service Market Size, 2017-2028
  6.7.3 Israel Cross-Border Payment Service Market Size, 2017-2028
  6.7.4 Saudi Arabia Cross-Border Payment Service Market Size, 2017-2028
  6.7.5 UAE Cross-Border Payment Service Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Western Union
  7.1.1 Western Union Corporate Summary
  7.1.2 Western Union Business Overview
  7.1.3 Western Union Cross-Border Payment Service Major Product Offerings
  7.1.4 Western Union Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.1.5 Western Union Key News
7.2 Paypal
  7.2.1 Paypal Corporate Summary
  7.2.2 Paypal Business Overview
  7.2.3 Paypal Cross-Border Payment Service Major Product Offerings
  7.2.4 Paypal Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.2.5 Paypal Key News
7.3 Google Checout
  7.3.1 Google Checout Corporate Summary
  7.3.2 Google Checout Business Overview
  7.3.3 Google Checout Cross-Border Payment Service Major Product Offerings
  7.3.4 Google Checout Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.3.5 Google Checout Key News
7.4 Worldpay
  7.4.1 Worldpay Corporate Summary
  7.4.2 Worldpay Business Overview
  7.4.3 Worldpay Cross-Border Payment Service Major Product Offerings
  7.4.4 Worldpay Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.4.5 Worldpay Key News
7.5 Ecopayz
  7.5.1 Ecopayz Corporate Summary
  7.5.2 Ecopayz Business Overview
  7.5.3 Ecopayz Cross-Border Payment Service Major Product Offerings
  7.5.4 Ecopayz Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.5.5 Ecopayz Key News
7.6 Skill
  7.6.1 Skill Corporate Summary
  7.6.2 Skill Business Overview
  7.6.3 Skill Cross-Border Payment Service Major Product Offerings
  7.6.4 Skill Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.6.5 Skill Key News
7.7 MoneyGram
  7.7.1 MoneyGram Corporate Summary
  7.7.2 MoneyGram Business Overview
  7.7.3 MoneyGram Cross-Border Payment Service Major Product Offerings
  7.7.4 MoneyGram Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.7.5 MoneyGram Key News
7.8 Gspay
  7.8.1 Gspay Corporate Summary
  7.8.2 Gspay Business Overview
  7.8.3 Gspay Cross-Border Payment Service Major Product Offerings
  7.8.4 Gspay Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.8.5 Gspay Key News
7.9 Paysafecard
  7.9.1 Paysafecard Corporate Summary
  7.9.2 Paysafecard Business Overview
  7.9.3 Paysafecard Cross-Border Payment Service Major Product Offerings
  7.9.4 Paysafecard Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.9.5 Paysafecard Key News
7.10 Payoneer
  7.10.1 Payoneer Corporate Summary
  7.10.2 Payoneer Business Overview
  7.10.3 Payoneer Cross-Border Payment Service Major Product Offerings
  7.10.4 Payoneer Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.10.5 Payoneer Key News
7.11 Eway
  7.11.1 Eway Corporate Summary
  7.11.2 Eway Business Overview
  7.11.3 Eway Cross-Border Payment Service Major Product Offerings
  7.11.4 Eway Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.11.5 Eway Key News
7.12 Paymate
  7.12.1 Paymate Corporate Summary
  7.12.2 Paymate Business Overview
  7.12.3 Paymate Cross-Border Payment Service Major Product Offerings
  7.12.4 Paymate Cross-Border Payment Service Revenue in Global Market (2017-2022)
  7.12.5 Paymate Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Cross-Border Payment Service Market Opportunities & Trends in Global Market
Table 2. Cross-Border Payment Service Market Drivers in Global Market
Table 3. Cross-Border Payment Service Market Restraints in Global Market
Table 4. Key Players of Cross-Border Payment Service in Global Market
Table 5. Top Cross-Border Payment Service Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Cross-Border Payment Service Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Cross-Border Payment Service Revenue Share by Companies, 2017-2022
Table 8. Global Companies Cross-Border Payment Service Product Type
Table 9. List of Global Tier 1 Cross-Border Payment Service Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Cross-Border Payment Service Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Cross-Border Payment Service Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Cross-Border Payment Service Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Cross-Border Payment Service Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Cross-Border Payment Service Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Cross-Border Payment Service Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Cross-Border Payment Service Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Cross-Border Payment Service Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Cross-Border Payment Service Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Cross-Border Payment Service Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Cross-Border Payment Service Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Cross-Border Payment Service Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Cross-Border Payment Service Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Cross-Border Payment Service Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Cross-Border Payment Service Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Cross-Border Payment Service Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Cross-Border Payment Service Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Cross-Border Payment Service Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Cross-Border Payment Service Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Cross-Border Payment Service Revenue, (US$, Mn), 2023-2028
Table 30. Western Union Corporate Summary
Table 31. Western Union Cross-Border Payment Service Product Offerings
Table 32. Western Union Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 33. Paypal Corporate Summary
Table 34. Paypal Cross-Border Payment Service Product Offerings
Table 35. Paypal Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 36. Google Checout Corporate Summary
Table 37. Google Checout Cross-Border Payment Service Product Offerings
Table 38. Google Checout Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 39. Worldpay Corporate Summary
Table 40. Worldpay Cross-Border Payment Service Product Offerings
Table 41. Worldpay Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 42. Ecopayz Corporate Summary
Table 43. Ecopayz Cross-Border Payment Service Product Offerings
Table 44. Ecopayz Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 45. Skill Corporate Summary
Table 46. Skill Cross-Border Payment Service Product Offerings
Table 47. Skill Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 48. MoneyGram Corporate Summary
Table 49. MoneyGram Cross-Border Payment Service Product Offerings
Table 50. MoneyGram Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 51. Gspay Corporate Summary
Table 52. Gspay Cross-Border Payment Service Product Offerings
Table 53. Gspay Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 54. Paysafecard Corporate Summary
Table 55. Paysafecard Cross-Border Payment Service Product Offerings
Table 56. Paysafecard Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 57. Payoneer Corporate Summary
Table 58. Payoneer Cross-Border Payment Service Product Offerings
Table 59. Payoneer Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 60. Eway Corporate Summary
Table 61. Eway Cross-Border Payment Service Product Offerings
Table 62. Eway Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)
Table 63. Paymate Corporate Summary
Table 64. Paymate Cross-Border Payment Service Product Offerings
Table 65. Paymate Cross-Border Payment Service Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Cross-Border Payment Service Segment By Type in 2021
Figure 2. Cross-Border Payment Service Segment By Application in 2021
Figure 3. Global Cross-Border Payment Service Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Cross-Border Payment Service Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Cross-Border Payment Service Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Cross-Border Payment Service Revenue in 2021
Figure 8. By Type - Global Cross-Border Payment Service Revenue Market Share, 2017-2028
Figure 9. By Application - Global Cross-Border Payment Service Revenue Market Share, 2017-2028
Figure 10. By Region - Global Cross-Border Payment Service Revenue Market Share, 2017-2028
Figure 11. By Country - North America Cross-Border Payment Service Revenue Market Share, 2017-2028
Figure 12. US Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Cross-Border Payment Service Revenue Market Share, 2017-2028
Figure 16. Germany Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 17. France Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Cross-Border Payment Service Revenue Market Share, 2017-2028
Figure 24. China Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 28. India Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Cross-Border Payment Service Revenue Market Share, 2017-2028
Figure 30. Brazil Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Cross-Border Payment Service Revenue Market Share, 2017-2028
Figure 33. Turkey Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Cross-Border Payment Service Revenue, (US$, Mn), 2017-2028
Figure 37. Western Union Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Paypal Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Google Checout Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Worldpay Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Ecopayz Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Skill Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. MoneyGram Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Gspay Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Paysafecard Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Payoneer Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. Eway Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Paymate Cross-Border Payment Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)