Payment Processing Solutions Market to Reach $146.45 Billion By 2030: Allied Market Research

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Payment Processing Solutions Market
Rise in usage of smartphone and internet
penetration across various countries, surge in
demand for online payments, and increased
requirement to improve the payment processes
providing customers with integrated value-added
services drive the global payment processing
solutions market. Individuals and businesses have
been adopting online payment options during the
Covid-19 pandemic to avoid contact with other
people and minimize the possibility of
cross-contamination.
Beesetty Yogendra, Pramod Borasi ,Vineet
KumarLead Analyst, IT in BFSI at Allied Market
Research
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Payment Processing Solutions Market
According to the report published by Allied
Market Research, the global payment processing
solutions market garnered 39.57 billion in 2020,
and is estimated to reach 146.45 billion by
2030, witnessing a CAGR of 13.7 from 2021 to
2030. The report offers a detailed analysis of
changing market trends, top segments, key
investment pockets, value chain, regional
landscape, and competitive scenario.
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Payment Processing Solutions Market
Based on region, North America contributed to the
fastest share in 2020, accounting for nearly
two-fifths of the total share, and is expected to
continue its lead position by 2030. However,
Asia-Pacific is projected to manifest the highest
CAGR of 15.9 during the forecast period.
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Payment Processing Solutions Market

• Key Benefits for Stakeholders 
• The study provides in-depth analysis of the
  global payment processing solutions market share
  along with current future trends to illustrate
  the imminent investment pockets.
• Information about key drivers, restrains, and
  opportunities and their impact analysis on the
  global payment processing solutions market size
  are provided in the report.
• Porters five forces analysis illustrates the
  potency of buyers and suppliers operating in the
  payment processing solutions market.

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Payment Processing Solutions Market
Major Companies The report analyses top payment
processing solutions companies operating in the
market such as ACI Worldwide, Elavon Inc., FIS,
Fiserv, Inc., Global Payments Inc., GoCardless,
PayPal, Square, Inc., Stripe, and Wirecard CEE.
These players have adopted various strategies to
increase their market penetration and strengthen
their position in the payment processing
solutions industry.  
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Payment Processing Solutions Market
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