The global payment processing solutions market is expected to reach USD 90.4 Billion in 2022, from USD 82 Billion in 2021. From 2022 to 2032, the market is expected to secure USD 231.7 Billion while exhibiting a growth rate of 9.9% during the forecast period, supported by:
The technological advancements and the growing penetration of the internet in developing nations are likely to propel the demand for payment processing solutions in the coming time. Growing demand for safe and one-step payment methods is expected to boost the global payment processing solutions market in the forecast period. The growing popularity of smartphones, along with a growing clamor for fast and convenient payment is expected to drive the payment processing solution market. Growing smart device adoption and the development of capabilities that can replace physical wallets have resulted in accelerated growth in the payment processing solution market.
The outbreak of COVID-19 positively impacted the market, which can be attributed to the growing preference for e-commerce and digital payments. Since 2020, there has been a soaring increase in the adoption of mobile payment transactions. With people preferring to maintain social distancing because of all the recent happenings, there has been an exponential rise in the demand for payment processing solutions. Also, the growing partnerships among e-commerce companies are expected to augment the market significantly.
| Data Points | Key Statistics |
|---|---|
| Payment Processing Solution Market Value in 2022 | USD 90.4 Billion |
| Payment Processing Solution Market Forecast Value in 2032 | USD 231.7 Billion |
| Global Growth Rate (2022 to 2032) | 9.9% |
North America is expected to dominate the global market owing to the rapid technical development in the region. The rapid technological development and the growing popularity of online payment systems are expected to provide a significant boost to the market.
The government of the region takes various initiatives to enhance the efficiency of payment processing systems in the region. The growing partnerships among e-commerce companies are expected to augment the market significantly. Growing demand for safe and one-step payment methods is expected to boost the global payment processing solutions market in the forecast period. The increasing digitalization and high adoption rate of various money transfer modes such as; mobile wallets and net banking are expected to provide a significant boost to e-commerce services.
The payment processing solution market can be segmented into debit cards, credit cards, e-wallets, ACH, and others. According to FMI, the credit card segment is anticipated to expand at a CAGR of 9.3% from 2022 to 2032. With the increasing mobile payments and increasing penetration of the internet, especially in developing countries, e-Wallet and credit card segments are expected to gain significant traction in the forecast period.
The increasing application of smartphones and rising penetration of the internet across the globe have resulted in a rise in online payments, which is expected to benefit the payment processing solutions market during the forecast period. Various players and banking entities are developing mobile wallet applications for smartphones, triggering market growth.
Also, the growing demand to enhance the payment process and offer customers value-added services to maintain demand for digital processing is likely to benefit the market in the forthcoming period. In addition, the government of various countries is taking initiatives to encourage digital payments. For instance, the Indian government introduced the Unified Payments Interface (UPI) to ease digital payment across the country. Similarly, French National Cashless Payments Committee was established in 2015 to promote contactless payments.
With ongoing technological development, real-time payment solutions are advancing in various spheres, such as; banking. Various e-channels, third-party APIs, and wallets are being encouraged by banking entities. For instance, in March 2022, The Clearing House and Fiserv, Inc., a known financial services technology solution provider, announced a strategic collaboration.
Thousands of financial institutions will be able to perform real-time payments for consumers and businesses. In another instance, in October 2017, 13 financial enterprises and banks disclosed a collaboration on a new platform run by New Payments Platform Australia (NPP Australia). Owing to such initiatives, the real-time payment concept is likely to garner significant traction, thereby, benefitting the market in the forecast period.
Further, increasing interest in ‘request for pay’, a secure path for real-time payments, presents various avenues for major payment system changes. Established financial entities have already taken initiatives to launch Rfp applications.
For instance, USA Bank began providing Rfp facilities to corporate billers in the fall of 2021 and disclosed that small business customers and its consumers would be receiving Rfp messages through mail or text messages beginning in Q1 2022.
Faster payments and low fees are expected to impact the bank revenues positively, enhancing demand for Rfp, thus, fuelling the market growth in the forecast period. Using real-time payment with Rfp can reduce the merchant’s cost of accepting payment. The Fed’s real-time payment network, FedNow, is set to launch in 2023. It will provide new entrants and enterprises to escape various traditional payments, which means various largest USA banks are likely to lose massive interchange fees.
Even though strict procedures such as symmetric encryption and increased cloud security have been in function, yet, it is vulnerable to hackers’ incursion. Notorious hackers use phishing attack methods to have access to personal and financial information. In January 2021, Juspay, a payment service provider for online giants like Amazon, and Swiggy, admitted to a data breach that occurred in August 2020. The breach led to 3.5 crores of records with masked card numbers and personal data getting compromised.
Data theft and security risks appear to be higher for small businesses, with 42% of SMEs experiencing at least one cyber-attack every year. As per a recent study, about 83% of organizations in the APAC region do not consider cybersecurity while commencing a digital transformation project, making them susceptible to such attacks. Having limited funds and resources, the security measures taken by SMEs against such breaches are generally insufficient. Hackers find it easier to get access to the e-wallets of such SMEs and get away without being caught. This makes citizens reluctant to adopt e-payment services, thus, limiting the market growth in the forecast period.
As per Central Statistics Office (CSO), cyberattacks are likely to result in a loss of USD 6 trillion annually, as against USD 3 trillion in 2015. Moreover, Association for Financial Professionals (AFP) Payments Fraud and Control Survey Report 2019, globally, more than 81% of organizations have witnessed cyberattacks.
Governments and private-sector players acknowledge the importance of financial services for populations residing in rural and remote areas. There has been a rise in financial inclusion across the globe. Various developing countries such as; India, China, and others have taken initiatives to enhance financial inclusion, which is expected to benefit the market positively. As per the Reserve Bank of India report, India’s Financial Inclusion Index was 53.9 by the end of March 2021. The growing financial inclusion across developing countries is expected to benefit the market in the forecast period.
The launch of eWallet is likely to increase financial inclusion across the globe, thus, benefitting the market in the forecast period. In April 2022, the State-run Land Bank of the Philippines launched its own eWallet, called LandbankPay. It allows users to safely and easily pay bills, purchase online, and transfer funds. Such initiatives are likely to increase financial inclusion, thereby, offering remunerative opportunities to players in the forecast period.
Owing to various initiatives among developing countries to develop financially, there has been a significant rise in financial inclusion across the globe. As per World Bank, about 1.2 billion adults across the globe got access to bank accounts from 2011 to 2017. With such a rapid rise in financial inclusivity, players across the globe are likely to avail themselves of various opportunities for expansion in the forecast period.
Based on the payment method, the market can be segmented into debit cards, credit cards, e-wallets, ACH, and others. According to FMI, the credit card segment is anticipated to expand at a CAGR of 9.3% from 2022 to 2032. The growth of the segment can be attributed to the significant participation of the UK
The region experiences a high card penetration and the presence of multinational companies like MasterCard, Discover, American Express, and Visa are expected to pump the segmental growth in the forecast period. On the other hand, the e-Wallet segment is anticipated to experience robust growth in the forecast period.
As per World Payments Report 2018, globally, cashless transactions carried out with e-wallets were anticipated to be 41.8 billion. With rising mobile payments and increasing penetration of the internet, especially in developing countries, e-Wallet and credit card segments are expected to gain significant traction in the forecast period.
Based on deployment, the market can be segmented into cloud-based and on-premises. According to FMI, the cloud-based segment is anticipated to garner larger traction, than the other segment. The segment is projected to expand at a CAGR of 8.9% from 2022 to 2032. Development of the segment can be attributed to various benefits offered such as; greater flexibility, greater security, easier data integration, and better scalability.
Based on vertical, the BFSI segment is anticipated to garner maximum traction during the forecast period. The growth of the segment can be majorly attributed to the growing adoption of modern payment processing solutions by various banking entities. With the growing penetration of the internet, various projects have been initiated by banks to offer a stable ad cheap payment mechanism to allow expanding business activities.
With the rapid rise of online transactions among users, North America is anticipated to dominate the market in the forecast period. Among all, the USA is projected to make the most significant contribution to strengthening the regional market. USA is estimated at USD 75.1 Billion while expanding at a CAGR of 9.1% from 2022 to 2032. The growing acceptance of digital payments in the region is expected to lead the market growth.
Moreover, mobile wallets are likely to gain significant traction, thereby, driving the regional market. In the USA, NFC-based payment processing solutions are expected to have held about 40% of the market share in 2021. This can be attributed to the increasing usage of digital payment channels. The burgeoning application of smartphone-based wallets is another crucial factor motivating the application of NFC-based payment modes such as; Google Pay, Samsung Pay, and Apple Pay, among others.
In addition, the presence of established players in the region is expected to provide an enormous boost to the regional market. For instance, in January 2022, PayPal and Salesforce announced a strategic partnership to offer merchants with direct access to the PayPal Commerce Platform while using Salesforce payments. Such initiatives taken by players in the region are expected to strengthen the market growth in the forecast period.
APAC is anticipated to be the fastest-growing market in the forecast period. The growth of the region can be attributed to the expansion of the retail market in APAC. Also, with the presence of developing countries such as; China, Japan, South Korea, and India, among others, the region is anticipated to witness significant market expansion in the assessment period. According to FMI, China is expected to garner the largest revenue of USD 17.2 Billion from 2022 to 2032.
Japan and South Korea are estimated at USD 14.4 Billion and USD 9.1 Billion respectively during the aforementioned time period. The rapid adoption of modern technologies to carry out transactions in the region is expected to positively impact the market growth in the forecast period. Moreover, regional e-commerce industry growth along with growing support from the government of various countries in APAC are projected to drive the market in the forecast period.
Europe is anticipated to garner decent growth during the forecast period. In Europe, the UK is anticipated to make the most significant contribution to developing the regional market. As per FMI, the UK is projected to garner USD 10.3 Billion while expanding at a CAGR of 8.7% during the forecast period.
The growth of the region can be attributed to the increasing adoption of online payments mode, advanced payment processing solutions, and the increasing number of card transactions across the region. Moreover, regulations imposed by the government like Second Payment Services Directive (PSD2) and open banking are further anticipated to trigger regional growth in the forecast period.
| Country | Estimated CAGR |
|---|---|
| USA | 9.1% |
| UK | 8.7% |
| China | 8.9% |
| Japan | 8.6% |
| South Korea | 8.3% |
Key players in the global payment processing solutions market include Global Payments, Mastercard, Paypal, Visa, Wirecard, and others. Key developments in the industry are:
Table 1: Global Market Value (US$ Million), By Mode of Deployment, 2015 to 2021
Table 2: Global Market Value (US$ Million), By Mode of Deployment, 2022 to 2032
Table 3: Global Market Value (US$ Million), By Payment Method, 2015 to 2021
Table 4: Global Market Value (US$ Million), By Payment Method, 2022 to 2032
Table 5: Global Market Value (US$ Million), By Vertical, 2015 to 2021
Table 6: Global Market Value (US$ Million), By Vertical, 2022 to 2032
Table 7: Global Market, By Region, 2015 to 2021
Table 8: Global Market, By Region, 2022 to 2032
Table 9: North America Market Value (US$ Million), By Mode of Deployment, 2015 to 2021
Table 10: North America Market Value (US$ Million), By Mode of Deployment, 2022 to 2032
Table 11: North America Market Value (US$ Million), By Payment Method, 2015 to 2021
Table 12: North America Market Value (US$ Million), By Payment Method, 2022 to 2032
Table 13: North America Market Value (US$ Million), By Vertical, 2015 to 2021
Table 14: North America Market Value (US$ Million), By Vertical, 2022 to 2032
Table 15: North America Market, By Country, 2015 to 2021
Table 16: North America Market, By Country, 2022 to 2032
Table 17: Latin America Market Value (US$ Million), By Mode of Deployment, 2015 to 2021
Table 18: Latin America Market Value (US$ Million), By Mode of Deployment, 2022 to 2032
Table 19: Latin America Market Value (US$ Million), By Payment Method, 2015 to 2021
Table 20: Latin America Market Value (US$ Million), By Payment Method, 2022 to 2032
Table 21: Latin America Market Value (US$ Million), By Vertical, 2015 to 2021
Table 22: Latin America Market Value (US$ Million), By Vertical, 2022 to 2032
Table 23: Latin America Market, By Country, 2015 to 2021
Table 24: Latin America Market, By Country, 2022 to 2032
Table 25: Europe Market Value (US$ Million), By Mode of Deployment, 2015 to 2021
Table 26: Europe Market Value (US$ Million), By Mode of Deployment, 2022 to 2032
Table 27: Europe Market Value (US$ Million), By Payment Method, 2015 to 2021
Table 28: Europe Market Value (US$ Million), By Payment Method, 2022 to 2032
Table 29: Europe Market Value (US$ Million), By Vertical, 2015 to 2021
Table 30: Europe Market Value (US$ Million), By Vertical, 2022 to 2032
Table 31: Europe Market, By Country, 2015 to 2021
Table 32: Europe Market, By Country, 2022 to 2032
Table 33: Asia Pacific Market Value (US$ Million), By Mode of Deployment, 2015 to 2021
Table 34: Asia Pacific Market Value (US$ Million), By Mode of Deployment, 2022 to 2032
Table 35: Asia Pacific Market Value (US$ Million), By Payment Method, 2015 to 2021
Table 36: Asia Pacific Market Value (US$ Million), By Payment Method, 2022 to 2032
Table 37: Asia Pacific Market Value (US$ Million), By Vertical, 2015 to 2021
Table 38: Asia Pacific Market Value (US$ Million), By Vertical, 2022 to 2032
Table 39: Asia Pacific Market, By Country, 2015 to 2021
Table 40: Asia Pacific Market, By Country, 2022 to 2032
Table 41: MEA Market Value (US$ Million), By Mode of Deployment, 2015 to 2021
Table 42: MEA Market Value (US$ Million), By Mode of Deployment, 2022 to 2032
Table 43: MEA Market Value (US$ Million), By Payment Method, 2015 to 2021
Table 44: MEA Market Value (US$ Million), By Payment Method, 2022 to 2032
Table 45: MEA Market Value (US$ Million), By Vertical, 2015 to 2021
Table 46: MEA Market Value (US$ Million), By Vertical, 2022 to 2032
Table 47: MEA Market, By Country, 2015 to 2021
Table 48: MEA Market, By Country, 2022 to 2032
Table 49: Global Market Incremental $ Opportunity, By Mode of Deployment,2015 to 2021
Table 50: Global Market Incremental $ Opportunity, By Payment Method, 2022 to 2032
Table 51: Global Market Incremental $ Opportunity, By Vertical, 2015 to 2021
Table 52: Global Market Incremental $ Opportunity, By Region, 2022 to 2032
Table 53: North America Market Incremental $ Opportunity, By Mode of Deployment, 2015 to 2021
Table 54: North America Market Incremental $ Opportunity, By Payment Method,2022 to 2032
Table 55: North America Market Incremental $ Opportunity, By Vertical, 2015 to 2021
Table 56: North America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 57: Latin America Market Incremental $ Opportunity, By Mode of Deployment, 2015 to 2021
Table 58: Latin America Market Incremental $ Opportunity, By Payment Method,2022 to 2032
Table 59: Latin America Market Incremental $ Opportunity, By Vertical, 2015 to 2021
Table 60: Latin America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 61: Europe Market Incremental $ Opportunity, By Mode of Deployment, 2015 to 2021
Table 62: Europe Market Incremental $ Opportunity, By Payment Method, 2022 to 2032
Table 63: Europe Market Incremental $ Opportunity, By Vertical, 2015 to 2021
Table 64: Europe Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 65: Asia Pacific Market Incremental $ Opportunity, By Mode of Deployment, 2015 to 2021
Table 66: Asia Pacific Market Incremental $ Opportunity, By Payment Method,2022 to 2032
Table 67: Asia Pacific Market Incremental $ Opportunity, By Vertical, 2015 to 2021
Table 68: Asia Pacific Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 69: MEA Market Incremental $ Opportunity, By Mode of Deployment, 2015 to 2021
Table 70: MEA Market Incremental $ Opportunity, By Payment Method, 2022 to 2032
Table 71: MEA Market Incremental $ Opportunity, By Vertical, 2015 to 2021
Table 72: MEA Market Incremental $ Opportunity, By Country, 2022 to 2032
Figure 1: Global Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 2: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity(2022 to 2032), US$ Million
Figure 3: Global Market Share, By By Mode of Deployment, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Projections, By Mode of Deployment - 2022 to 2032
Figure 5: Global Market Attractiveness Index, By Mode of Deployment - 2022 to 2032
Figure 6: Global Market Share, By Payment Method, 2022 & 2032
Figure 7: Global Market Y-o-Y Growth Projections, By Payment Method - 2022 to 2032
Figure 8: Global Market Attractiveness Index, By Payment Method - 2022 to 2032
Figure 9: Global Market Share, By Vertical, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 11: Global Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 12: Global Market Share, By Region, 2022 & 2032
Figure 13: Global Market Y-o-Y Growth Projections, By Region - 2022 to 2032
Figure 14: Global Market Attractiveness Index, By Region - 2022 to 2032
Figure 15: North America Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 16: North America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million
Figure 17: North America Market Share, By Mode of Deployment, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Projections, By Mode of Deployment -2022 to 2032
Figure 19: North America Market Attractiveness Index, By Mode of Deployment -2022 to 2032
Figure 20: North America Market Share, By Payment Method, 2022 & 2032
Figure 21: North America Market Y-o-Y Growth Projections, By Payment Method -2022 to 2032
Figure 22: North America Market Attractiveness Index, By Payment Method - 2022 to 2032
Figure 23: North America Market Share, By Vertical, 2022 & 2032
Figure 24: North America Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 25: North America Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 26: North America Market Share, By Country, 2022 & 2032
Figure 27: North America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 28: North America Market Attractiveness Index, By Country - 2022 to 2032
Figure 29: Latin America Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 30: Latin America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million
Figure 31: Latin America Market Share, By Mode of Deployment, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Projections, By Mode of Deployment -2022 to 2032
Figure 33: Latin America Market Attractiveness Index, By Mode of Deployment -2022 to 2032
Figure 34: Latin America Market Share, By Payment Method, 2022 & 2032
Figure 35: Latin America Market Y-o-Y Growth Projections, By Payment Method-2022 to 2032
Figure 36: Latin America Market Attractiveness Index, By Payment Method - 2022 to 2032
Figure 37: Latin America Market Share, By Vertical, 2022 & 2032
Figure 38: Latin America Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 39: Latin America Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 40: Latin America Market Share, By Country, 2022 & 2032
Figure 41: Latin America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 42: Latin America Market Attractiveness Index, By Country - 2022 to 2032
Figure 43: Europe Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 44: Europe Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million
Figure 45: Europe Market Share, By Mode of Deployment, 2022 & 2032
Figure 46: Europe Market Y-o-Y Growth Projections, By Mode of Deployment-2022 to 2032
Figure 47: Europe Market Attractiveness Index, By Mode of Deployment - 2022 to 2032
Figure 48: Europe Market Share, By Payment Method, 2022 & 2032
Figure 49: Europe Market Y-o-Y Growth Projections, By Payment Method - 2022 to 2032
Figure 50: Europe Market Attractiveness Index, By Payment Method - 2022 to 2032
Figure 51: Europe Market Share, By Vertical, 2022 & 2032
Figure 52: Europe Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 53: Europe Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 54: Europe Market Share, By Country, 2022 & 2032
Figure 55: Europe Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 56: Europe Market Attractiveness Index, By Country - 2022 to 2032
Figure 57: MEA Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 58: MEA Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million
Figure 59: MEA Market Share, By Mode of Deployment, 2022 & 2032
Figure 60: MEA Market Y-o-Y Growth Projections, By Mode of Deployment - 2022 to 2032
Figure 61: MEA Market Attractiveness Index, By Mode of Deployment - 2022 to 2032
Figure 62: MEA Market Share, By Payment Method, 2022 & 2032
Figure 63: MEA Market Y-o-Y Growth Projections, By Payment Method - 2022 to 2032
Figure 64: MEA Market Attractiveness Index, By Payment Method - 2022 to 2032
Figure 65: MEA Market Share, By Vertical, 2022 & 2032
Figure 66: MEA Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 67: MEA Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 68: MEA Market Share, By Country, 2022 & 2032
Figure 69: MEA Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 70: MEA Market Attractiveness Index, By Country - 2022 to 2032
Figure 71: Asia Pacific Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2030
Figure 72: Asia Pacific Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million
Figure 73: Asia Pacific Market Share, By Mode of Deployment, 2022 & 2032
Figure 74: Asia Pacific Market Y-o-Y Growth Projections, By Mode of Deployment - 2022 to 2032
Figure 75: Asia Pacific Market Attractiveness Index, By Mode of Deployment-2022 to 2032
Figure 76: Asia Pacific Market Share, By Payment Method, 2022 & 2032
Figure 77: Asia Pacific Market Y-o-Y Growth Projections, By Payment Method-2022 to 2032
Figure 78: Asia Pacific Market Attractiveness Index, By Payment Method - 2022 to 2032
Figure 79: Asia Pacific Market Share, By Vertical, 2022 & 2032
Figure 80: Asia Pacific Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 81: Asia Pacific Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 82: Asia Pacific Market Share, By Country, 2022 & 2032
Figure 83: Asia Pacific Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 84: Asia Pacific Market Attractiveness Index, By Country - 2022 to 2032
Figure 85: US Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 86: US Market Share, By Mode of Deployment, 2021
Figure 87: US Market Share, By Payment Method, 2021
Figure 88: US Market Share, By Vertical, 2021
Figure 89: Canada Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 90: Canada Market Share, By Mode of Deployment, 2021
Figure 91: Canada Market Share, By Payment Method, 2021
Figure 92: Canada Market Share, By Vertical, 2021
Figure 93: Brazil Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 94: Brazil Market Share, By Mode of Deployment, 2021
Figure 95: Brazil Market Share, By Payment Method, 2021
Figure 96: Brazil Market Share, By Vertical, 2021
Figure 97: Mexico Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 98: Mexico Market Share, By Mode of Deployment, 2021
Figure 99: Mexico Market Share, By Payment Method, 2021
Figure 100: Mexico Market Share, By Vertical, 2021
Figure 101: Germany Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 102: Germany Market Share, By Mode of Deployment, 2021
Figure 103: Germany Market Share, By Payment Method, 2021
Figure 104: Germany Market Share, By Vertical, 2021
Figure 105: UK Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 106: UK Market Share, By Mode of Deployment, 2021
Figure 107: UK Market Share, By Payment Method, 2021
Figure 108: UK Market Share, By Vertical, 2021
Figure 109: France Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 110: France Market Share, By Mode of Deployment, 2021
Figure 111: France Market Share, By Payment Method, 2021
Figure 112: France Market Share, By Vertical, 2021
Figure 113: Italy Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 114: Italy Market Share, By Mode of Deployment, 2021
Figure 115: Italy Market Share, By Payment Method, 2021
Figure 116: Italy Market Share, By Vertical, 2021
Figure 117: BENELUX Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 118: BENELUX Market Share, By Mode of Deployment, 2021
Figure 119: BENELUX Market Share, By Payment Method, 2021
Figure 120: BENELUX Market Share, By Vertical, 2021
Figure 121: Nordic Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 122: Nordic Market Share, By Mode of Deployment, 2021
Figure 123: Nordic Market Share, By Payment Method, 2021
Figure 124: Nordic Market Share, By Vertical, 2021
Figure 125: China Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 126: China Market Share, By Mode of Deployment, 2021
Figure 127: China Market Share, By Payment Method, 2021
Figure 128: China Market Share, By Vertical, 2021
Figure 129: Japan Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 130: Japan Market Share, By Mode of Deployment, 2021
Figure 131: Japan Market Share, By Payment Method, 2021
Figure 132: Japan Market Share, By Vertical, 2021
Figure 133: South Korea Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 134: South Korea Market Share, By Mode of Deployment, 2021
Figure 135: South Korea Market Share, By Payment Method, 2021
Figure 136: South Korea Market Share, By Vertical, 2021
Figure 137: GCC Countries Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 138: GCC Countries Market Share, By Mode of Deployment, 2021
Figure 139: GCC Countries Market Share, By Payment Method, 2021
Figure 140: GCC Countries Market Share, By Vertical, 2021
Figure 141: South Africa Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 142: South Africa Market Share, By Mode of Deployment, 2021
Figure 143: South Africa Market Share, By Payment Method, 2021
Figure 144: South Africa Market Share, By Vertical, 2021
Figure 145: Turkey Market Value (US$ Million) and Forecast, 2022 to 2032
Figure 146: Turkey Market Share, By Mode of Deployment, 2021
Figure 147: Turkey Market Share, By Payment Method, 2021
Figure 148: Turkey Market Share, By Vertical, 2021
The global payment processing solutions market is anticipated to secure USD 231.7 Billion by 2032
The global payment processing solutions market is anticipated to expand at a CAGR of 9.9% from 2022 to 2032
The credit card segment is anticipated to expand at a growth rate of 9.3% from 2022 to 2032
The USA is anticipated to garner USD 75.1 Billion by 2032
China is anticipated to exhibit a CAGR of 8.9% during the forecast period
The global payment processing solutions market is estimated at USD 90.4 Billion in 2022.
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Payment Processing Solutions Market
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