Global Payment Processing Solutions Market to Reach $161.9 Billion by 2030

Global Market for Payment Processing Solutions

Dublin, March 13, 2024 (GLOBE NEWSWIRE) — The “Payment Processing Solutions: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Payment Processing Solutions estimated at US$58.5 Billion in the year 2022, is projected to reach a revised size of US$161.9 Billion by 2030, growing at a CAGR of 13.6% over the analysis period 2022-2030. Credit Cards, one of the segments analyzed in the report, is projected to record 11.2% CAGR and reach US$67.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Debit Cards segment is readjusted to a revised 12.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $15.9 Billion, While China is Forecast to Grow at 18.6% CAGR

The Payment Processing Solutions market in the U.S. is estimated at US$15.9 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$38.4 Billion by the year 2030 trailing a CAGR of 18.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 11% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR.

Select Competitors (Total 72 Featured) –

• PayPal

• Fiserv

• Global Payments

• FIS

• Square

• Stripe

• MasterCard

• Visa

• Dwolla

• ACI Worldwide

• Adyen

• Paysafe

• Jack Henry & Associates

• Wirecard

• PayU

Key Attributes:

For more information about this report visit https://www.researchandmarkets.com/r/emrec8

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