Payment as a Service Market Review, In-Depth Analysis, Research, Forecast to 2024

1. Payment as a Service Market Research Report - Global Forecast till 2024 Payment as a Service Market Research Report - Global Forecast till 2024 P a g e | 1 Copyright © 2017 Market Research Future.

2. Payment as a Service Market Research Report - Global Forecast till 2024 Overview The Global Payment as a Service Market was valued at USD 4.27 billion in 2018 and is estimated to reach USD 14.37 Billion by 2024 growing at a CAGR of 23.20% during the forecast period 2019–2024. Developing digital and advanced network technologies such as 5G, and rising adoption of digital payment models by developing nations such as Malaysia, Thailand, Indonesia, the Philippines, Taiwan, Pakistan, Sri Lanka, and Bangladesh are some of emerging factors which are expected to create fruitful opportunities for the market players in the coming years. Whereas, the lack of standard digital payment infrastructure is one of the major challenges faced by the payment as a service market as cash-based payments still hold a significant share in the market. Request Free Sample @ https://www.marketresearchfuture.com/sample_request/8020 Segments Market Research Future (MRFR) has segmented the payment as a service market on the basis of component, vertical, and region. By component, the payment as a service market has been segmented into platform and service. Among these, currently, payment platforms are dominating the market due to increasing adoption of digital payment methods by consumers worldwide. PayPal, PayU, Stripe, Braintree, BlueSnap, and Zoho Checkout among others are some popular payment gateway providers globally. Government support for digital transformation is one of the prime factors for the significant growth of payment platforms. Whereas, the service segment comprise professional and managed services, are projected to witness high growth rate in the coming years. Security concerns among end- users regarding online or digital transactions, due to lack of skilled expertise, has propelled the market of payment service providers. By vertical, the market has been segmented into BFSI, retail, hospitality, media & entertainment, healthcare. Among these, BFSI is currently dominating the market due to high demand for secured real-time payment gateways by end- users. Increasing digital transactions on various platforms, growing market of e-commerce, and government support for contactless payments are some of the prime factors driving the adoption of payment as a service among banking and financial institutions. Whereas, retail, followed by the hospitality sector, is projected to grow with the fastest CAGR, respectively. Key Players The Payment as a Service Market is expected to be a growing market in the coming years owing to the presence of numerous large players active in the regional market. First Data Corporation, Total System Services (TSYS), Paysafe Group Ltd, Verifone, Ingenico, Aurus, Inc., Pineapple Payments, ePay, BlueSnap, Inc., PayU, Alpha Fintech, Google, Stripe, Braintree, Amazon, Skrill, Zoho Checkout, BitPay, Authorize.net, WePay, and First American Payment Systems are the companies leading the payment as a service market globally. Regional Analysis By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America has been further segmented into the US, Canada, and Mexico. Europe has been further segmented into Germany, the UK, France, Spain, Norway, Sweden, and Italy. Asia-Pacific has been sub-segmented into China, Japan, India, Singapore, Australia, Malaysia, Thailand, Indonesia, Vietnam, the Philippines, and South Korea. Also, the rest of the world has been classified into the Middle East & Africa and South America. P a g e | 2 Copyright © 2017 Market Research Future.

3. Payment as a Service Market Research Report - Global Forecast till 2024 Check Discount @ https://www.marketresearchfuture.com/check-discount/8020 Recent Developments • May 2018, Worldline, a European payment and transaction services provider, acquired SIX payment services company. With this acquisition, Worldline would strengthen its position in Europe market by increasing its geographical presence in Switzerland, Austria, Luxembourg, and Germany. • January 2018, ING, a global finance institute located in Europe, signed an agreement to acquire around 75% stake in Payvision company, a provider of omnichannel payments services worldwide. With this stake, ING is looking towards its service portfolio expansion and increasing its customer base worldwide. Intended Audience • Investors and consultants • Research/Consultancy firms • Technology solution providers • Government agencies • Financial service providers • Insurance companies LIST OF TABLES Table 1 Payment As A Service Market, By Region, 2019–2024 Table 2 North America: Payment As A Service Market, By Country, 2019–2024 Table 3 Europe: Payment As A Service Market, By Country, 2019–2024 Table 4 Asia-Pacific: Payment As A Service Market, By Country, 2019–2024 Table 5 Rest Of The World: Payment As A Service Market, By Region, 2019–2024 Continued…… Get More Information @ https://www.marketresearchfuture.com/press-release/payment-service-market LIST OF FIGURES FIGURE 1 The Global Payment As A Service Market Segmentation FIGURE 2 Forecast Methodology FIGURE 3 Porter’s Five Forces Analysis Of The Global Payment As A Service Market FIGURE 4 Value Chain/Supply Chain Of The Global Payment As A Service Market FIGURE 5 Share Of The Global Payment As A Service Market In 2018, By Country (In %) Continued…… P a g e | 3 Copyright © 2017 Market Research Future.

4. Payment as a Service Market Research Report - Global Forecast till 2024 P a g e | 4 Copyright © 2017 Market Research Future.