The payment service provider uses the software as a service model widely. A payment service provider connects to multiple banks, cards, and payment networks.
This report contains market size and forecasts of Payment as a Service in Global, including the following market information:
Global Payment as a Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Payment as a Service market was valued at 5394.6 million in 2021 and is projected to reach US$ 12700 million by 2028, at a CAGR of 13.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Merchant Financing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Payment as a Service include FIS, Thales Group, Ingenico Group, Agilysys, Inc, Total System Services, Inc, Mastercard, PayPal Holdings, Inc, Verifone and Pineapple Payments. 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 as a 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 Payment as a Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Payment as a Service Market Segment Percentages, by Type, 2021 (%)
Merchant Financing
Security and Fraud Protection
Payment Applications and Gateways
Others
Global Payment as a Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Payment as a Service Market Segment Percentages, by Application, 2021 (%)
Hospital
Retail and E-commerce
Media and Entertainment
Others
Global Payment as a Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Payment as a 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 Payment as a Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Payment as a Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
FIS
Thales Group
Ingenico Group
Agilysys, Inc
Total System Services, Inc
Mastercard
PayPal Holdings, Inc
Verifone
Pineapple Payments