Payment Processing Market, Global Outlook and Forecast 2022-2028

April 2022 | 63 pages | ID: P066AC83219CEN
Market Monitor Global

Abstracts

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 contains market size and forecasts of Payment Processing in Global, including the following market information:

Global Payment Processing Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Payment Processing market was valued at 93510 million in 2021 and is projected to reach US$ 231810 million by 2028, at a CAGR of 13.8% 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.

Credit Card & Debit Card Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Payment Processing include PayPal, Global Payments, Adyen, Fiserv, Stripe, Square, Worldline, GoCardless and Payline Data, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ millions)

Global Payment Processing Market Segment Percentages, by Type, 2021 (%)

• Credit Card & Debit Card
• eWallet
• Others

Global Payment Processing Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Payment Processing Market Segment Percentages, by Application, 2021 (%)

• Large Enterprises
• SMEs

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

Global Payment Processing 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 Payment Processing revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Payment Processing revenues share in global market, 2021 (%)

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

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: 2021 VS 2028
2.2 Global Payment Processing 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 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 2021
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, 2021 & 2028
  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, 2017-2022
  4.2.2 By Type - Global Payment Processing Revenue, 2023-2028
  4.2.3 By Type - Global Payment Processing Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Payment Processing Market Size, 2021 & 2028
  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, 2017-2022
  5.2.2 By Application - Global Payment Processing Revenue, 2023-2028
  5.2.3 By Application - Global Payment Processing Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

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

7 PLAYERS PROFILES

7.1 PayPal
  7.1.1 PayPal Corporate 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 (2017-2022)
  7.1.5 PayPal Key News
7.2 Global Payments
  7.2.1 Global Payments Corporate 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 (2017-2022)
  7.2.5 Global Payments Key News
7.3 Adyen
  7.3.1 Adyen Corporate 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 (2017-2022)
  7.3.5 Adyen Key News
7.4 Fiserv
  7.4.1 Fiserv Corporate 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 (2017-2022)
  7.4.5 Fiserv Key News
7.5 Stripe
  7.5.1 Stripe Corporate 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 (2017-2022)
  7.5.5 Stripe Key News
7.6 Square
  7.6.1 Square Corporate 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 (2017-2022)
  7.6.5 Square Key News
7.7 Worldline
  7.7.1 Worldline Corporate 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 (2017-2022)
  7.7.5 Worldline Key News
7.8 GoCardless
  7.8.1 GoCardless Corporate 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 (2017-2022)
  7.8.5 GoCardless Key News
7.9 Payline Data
  7.9.1 Payline Data Corporate 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 (2017-2022)
  7.9.5 Payline Data Key News
7.10 Due Payments
  7.10.1 Due Payments Corporate 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 (2017-2022)
  7.10.5 Due Payments Key News
7.11 Flagship Merchant Services
  7.11.1 Flagship Merchant Services Corporate 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 (2017-2022)
  7.11.5 Flagship Merchant Services Key News
7.12 Cayan
  7.12.1 Cayan Corporate 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 (2017-2022)
  7.12.5 Cayan Key News
7.13 BitPay
  7.13.1 BitPay Corporate 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 (2017-2022)
  7.13.5 BitPay 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. 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 (2021)
Table 6. Global Payment Processing Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Payment Processing Revenue Share by Companies, 2017-2022
Table 8. Global Companies Payment Processing Product Type
Table 9. List of Global Tier 1 Payment Processing Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Payment Processing Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Payment Processing Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Payment Processing Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Payment Processing Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Payment Processing Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Payment Processing Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Payment Processing Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Payment Processing Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Payment Processing Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Payment Processing Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Payment Processing Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Payment Processing Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Payment Processing Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Payment Processing Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Payment Processing Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Payment Processing Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Payment Processing Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Payment Processing Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Payment Processing Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Payment Processing Revenue, (US$, Mn), 2023-2028
Table 30. PayPal Corporate Summary
Table 31. PayPal Payment Processing Product Offerings
Table 32. PayPal Payment Processing Revenue (US$, Mn), (2017-2022)
Table 33. Global Payments Corporate Summary
Table 34. Global Payments Payment Processing Product Offerings
Table 35. Global Payments Payment Processing Revenue (US$, Mn), (2017-2022)
Table 36. Adyen Corporate Summary
Table 37. Adyen Payment Processing Product Offerings
Table 38. Adyen Payment Processing Revenue (US$, Mn), (2017-2022)
Table 39. Fiserv Corporate Summary
Table 40. Fiserv Payment Processing Product Offerings
Table 41. Fiserv Payment Processing Revenue (US$, Mn), (2017-2022)
Table 42. Stripe Corporate Summary
Table 43. Stripe Payment Processing Product Offerings
Table 44. Stripe Payment Processing Revenue (US$, Mn), (2017-2022)
Table 45. Square Corporate Summary
Table 46. Square Payment Processing Product Offerings
Table 47. Square Payment Processing Revenue (US$, Mn), (2017-2022)
Table 48. Worldline Corporate Summary
Table 49. Worldline Payment Processing Product Offerings
Table 50. Worldline Payment Processing Revenue (US$, Mn), (2017-2022)
Table 51. GoCardless Corporate Summary
Table 52. GoCardless Payment Processing Product Offerings
Table 53. GoCardless Payment Processing Revenue (US$, Mn), (2017-2022)
Table 54. Payline Data Corporate Summary
Table 55. Payline Data Payment Processing Product Offerings
Table 56. Payline Data Payment Processing Revenue (US$, Mn), (2017-2022)
Table 57. Due Payments Corporate Summary
Table 58. Due Payments Payment Processing Product Offerings
Table 59. Due Payments Payment Processing Revenue (US$, Mn), (2017-2022)
Table 60. Flagship Merchant Services Corporate Summary
Table 61. Flagship Merchant Services Payment Processing Product Offerings
Table 62. Flagship Merchant Services Payment Processing Revenue (US$, Mn), (2017-2022)
Table 63. Cayan Corporate Summary
Table 64. Cayan Payment Processing Product Offerings
Table 65. Cayan Payment Processing Revenue (US$, Mn), (2017-2022)
Table 66. BitPay Corporate Summary
Table 67. BitPay Payment Processing Product Offerings
Table 68. BitPay Payment Processing Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Payment Processing Segment by Type in 2021
Figure 2. Payment Processing Segment by Application in 2021
Figure 3. Global Payment Processing Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Payment Processing Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Payment Processing Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Payment Processing Revenue in 2021
Figure 8. By Type - Global Payment Processing Revenue Market Share, 2017-2028
Figure 9. By Application - Global Payment Processing Revenue Market Share, 2017-2028
Figure 10. By Region - Global Payment Processing Revenue Market Share, 2017-2028
Figure 11. By Country - North America Payment Processing Revenue Market Share, 2017-2028
Figure 12. US Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Payment Processing Revenue Market Share, 2017-2028
Figure 16. Germany Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 17. France Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Payment Processing Revenue Market Share, 2017-2028
Figure 24. China Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 28. India Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Payment Processing Revenue Market Share, 2017-2028
Figure 30. Brazil Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Payment Processing Revenue Market Share, 2017-2028
Figure 33. Turkey Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Payment Processing Revenue, (US$, Mn), 2017-2028
Figure 37. PayPal Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Global Payments Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Adyen Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Fiserv Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Stripe Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Square Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Worldline Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. GoCardless Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Payline Data Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Due Payments Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. Flagship Merchant Services Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Cayan Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 49. BitPay Payment Processing Revenue Year Over Year Growth (US$, Mn) & (2017-2022)