Payment processing solutions market is highly vast and dynamic, as the developing countries focus on innovation and research & development. The developing countries are early adopters of technologies in different verticals. Out of various modes of payment, a credit card is the best mode of payment by consumers in both ways online and point-of-sale (POS) methods worldwide.
According to a new report Global Payment Processing Solutions Market, published by KBV research, The Global Payment Processing Solutions Market size is expected to reach $62.3 billion by 2024, rising at a market growth of 9.9% CAGR during the forecast period.
The North America market dominated the Global Payment Processing Solutions Credit Card Market by Region by 2024, growing at a CAGR of 7.8 % during the forecast period. The Europe market is expected to witness a CAGR of 8.1% during (2018-2024).
Additionally, The Asia Pacific market is expected to witness a CAGR of 10.1% during (2018-2024).
The Hospitality market dominated the Global Payment Processing Solutions Market by End User 2017. The Retail market is expected to witness a CAGR of 9.1% during (2018-2024).
Additionally, The Utilities & Telecommunication market is expected to witness highest CAGR of 12.5% during (2018-2024).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of PayPal Holdings, Inc., Global Payments Inc., First Data Corporation, Square Inc., Wirecard AG, Naspers Limited, Visa Inc., Jack Henry & Associates Inc., Adyen N.V., and Paysafe Group Limited.
Full Report: www.kbvresearch.com/payment…ns-market/
Global Payment Processing Solutions Market Segmentation
By Payment Method
By End User
Utilities & Telecommunication
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of LAMEA
PayPal Holdings, Inc.
Global Payments Inc.
First Data Corporation
Jack Henry & Associates Inc.
Paysafe Group Limited.
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