Global Payment Processing Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Payment Processing market size was valued at US$ 113850 million in 2024 and is forecast to a readjusted size of USD 284380 million by 2031 with a CAGR of 14.1% during review period.

Payment processing is how businesses complete credit card and debit card transactions. Payment processing services expedite card transactions, and payment gateways securely transmit data so money from a customer's issuing bank can be transferred to a merchant's account. All of this happens in seconds.

In the simplest terms, a payment processor is a company that handles transactions between two parties, such as a merchant and a customer. It accomplishes the payment by relaying the payment information, like a credit card, from the customer to the merchant’s preferred bank account.

The global payment processing market is rapidly evolving, driven by advancements in technology and increasing consumer demand for seamless transactions. Key trends include the rise of digital wallets, contactless payments, and mobile payment solutions. Major players like Visa, Mastercard, and PayPal dominate, while fintech startups are innovating with blockchain and AI.

Market dynamics tracker:

In May 2024, Mastercard announced that it is set to revolutionize the Chinese payments scene through new service. Mastercard has commenced processing payments made in China using Mastercard cards issued by local banks. By leveraging its expertise and local partnerships, Mastercard aims to simplify the payment process and promote financial inclusion for Chinese cardholders at home and abroad. This move will revolutionize China's payment landscape, providing consumers and businesses with more choices, convenience and security of financial transactions.

PayPal has been on an acquisition spree over the past few years, aiming to enhance its payment services through acquisitions ranging from coupon platforms to logistics companies. Thredd enters the US credit card issuance processing market.

Network International (Network), a leading digital commerce enabler in the Middle East and Africa (MEA) region, has been appointed as a payment processor by Airtel, one of Africa's largest telecom operators.

This report is a detailed and comprehensive analysis for global Payment Processing market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Payment Processing market size and forecasts, in consumption value ($ Million), 2020-2031

Global Payment Processing market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Payment Processing market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Payment Processing market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Payment Processing

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Payment Processing market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include PayPal, Global Payments, Adyen, Fiserv, Stripe, Square, Worldline, GoCardless, Payline Data, Due Payments, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Payment Processing market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Credit Card & Debit Card
eWallet
Others

Market segment by Application
Large Enterprises
SMEs

Market segment by players, this report covers
PayPal
Global Payments
Adyen
Fiserv
Stripe
Square
Worldline
GoCardless
Payline Data
Due Payments
Flagship Merchant Services
Cayan
BitPay

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Payment Processing product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Payment Processing, with revenue, gross margin, and global market share of Payment Processing from 2020 to 2025.

Chapter 3, the Payment Processing competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Payment Processing market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Payment Processing.

Chapter 13, to describe Payment Processing research findings and conclusion.