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Payment Processing Solutions Market to reach a market size of $62.3 billion by 2024 examined in new market research report

Financial Services

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:…ns-market/

Global Payment Processing Solutions Market Segmentation


By Payment Method

Credit Card

Debit Card


By End User



Utilities & Telecommunication


By Geography

North America




Rest of North America








Rest of Europe

Asia Pacific




South Korea



Rest of Asia Pacific





Saudi Arabia

South Africa


Rest of LAMEA

Companies Profiled

PayPal Holdings, Inc.

Global Payments Inc.

First Data Corporation

Square Inc.

Wirecard AG

Naspers Limited

Visa Inc.

Jack Henry & Associates Inc.

Adyen N.V.

Paysafe Group Limited.

Unique Offerings from KBV Research

Exhaustive coverage 

Highest number of market tables and figures

News From

KBV ResearchKBV Research
Category: Market Research Publishers and RetailersCompany about: Knowledge Based Value (KBV) Research is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research provides syndicated market research and publishes more than 1200 Reports and Press Release covering a pool of vertical industries, inclu ...
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