Payment Processing Solutions Market
Payment Processing Solutions Market 2021
A payment processing solution is a process or service that automates the payment transaction between retailers and merchants. These processing solutions process, verify, accept or reject online payments or point-of-sale (PoS) transactions over a secure internet connection.
Rapid growth of e-commerce in Europe due to increasing number of cross-border shopping
Europe is expected to experience significant growth in the payment processing solutions market during the forecast period 2019-2026. Europe aims to be a digital single market, which implies decentralization of financial services and strict security regulations. According to Adyen, Swiss, Belgian, Irish, Dutch and German buyers are increasingly buying goods across borders. As a result of this cross-border purchase of products, the European online retail market is growing exponentially. In addition, according to the European Central Bank, card payments in the European Union accounted for 52% of the total number of non-cash payments, with credit and debit transfers accounting for 24% and 19% respectively.
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Major Manufacturers Covered By This Report:
Adyen, Alipay, Authorize.Net, BluePay Processing LLC, BlueSnap, CCBill, Due, First Data, Global Payments, Jack Henry & Associates, Merchant-Accounts.ca, PayPal, Paysafe, PayU, Square, Stripe and Wirecard. and more…
The years that have been taken into account for the study of this report are as follows:
Year of history: 2015-2019
Baseline year: 2019
Estimated year: 2020
Forecast year: 2021 to 2026
Market segmentation :
IT and Telecom
Media and entertainment
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom and rest of the world)
Asia-Pacific (China, Japan, India and rest of Asia-Pacific)
Latin America (Brazil and rest of Latin America.)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa and Rest of Middle East and Africa)
Further, the analysis also provides a comprehensive review of crucial Payment Processing Solutions market players along with their company profiles, SWOT analysis, latest advancements, and business plans.
The analysis objectives of the report are:
Equitably share detailed information regarding the critical elements impacting the growth of the industry (growth capacity, opportunities, drivers and challenges and risks specific to the industry).
Know the Payment Processing Solutions market by identifying its many sub-segments.
To profile the major players and analyze their growth plans.
Strive to know the amount and value of the Payment Processing Solutions market submarkets, by key regions (various vital states).
To analyze the Global Payment Processing Solutions Market regarding growth trends, prospects and also their participation across the industry.
To examine and study the Global Payment Processing Solutions market size (volume and value) of the company, essential regions / countries, products and applications, basic information and also predictions.
Leading global manufacturers of Global Payment Processing Solutions Market, to specify, clarify, and analyze product sales amount, market value and share, market rivalry landscape, SWOT analysis, and development plans for the next years.
Review competitive advancements such as expansions, arrangements, new product launches and market acquisitions.
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