Global Payment as a Service Market Growth (Status and Outlook) 2023-2029

The payment service provider uses the software as a service model widely. A payment service provider connects to multiple banks, cards, and payment networks.

LPI (LP Information)' newest research report, the “Payment as a Service Industry Forecast” looks at past sales and reviews total world Payment as a Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Payment as a Service sales for 2023 through 2029. With Payment as a Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Payment as a Service industry.

This Insight Report provides a comprehensive analysis of the global Payment as a Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Payment as a Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Payment as a Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Payment as a Service and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Payment as a Service.

The global Payment as a Service market size is projected to grow from US$ 5128.8 million in 2022 to US$ 12920 million in 2029; it is expected to grow at a CAGR of 14.1% from 2023 to 2029.

United States market for Payment as a Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Payment as a Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Payment as a Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Payment as a Service players cover FIS, Thales Group, Ingenico Group, Agilysys, Inc, Total System Services, Inc, Mastercard, PayPal Holdings, Inc, Verifone and Pineapple Payments, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Payment as a Service market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Merchant Financing
    Security and Fraud Protection
    Payment Applications and Gateways
    Others

Segmentation by application
    Hospital
    Retail and E-commerce
    Media and Entertainment
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    FIS
    Thales Group
    Ingenico Group
    Agilysys, Inc
    Total System Services, Inc
    Mastercard
    PayPal Holdings, Inc
    Verifone
    Pineapple Payments

List of Tables
    Table 1. Payment as a Service Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of Merchant Financing
    Table 3. Major Players of Security and Fraud Protection
    Table 4. Major Players of Payment Applications and Gateways
    Table 5. Major Players of Others
    Table 6. Payment as a Service Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 7. Global Payment as a Service Market Size by Type (2018-2023) & ($ Millions)
    Table 8. Global Payment as a Service Market Size Market Share by Type (2018-2023)
    Table 9. Payment as a Service Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 10. Global Payment as a Service Market Size by Application (2018-2023) & ($ Millions)
    Table 11. Global Payment as a Service Market Size Market Share by Application (2018-2023)
    Table 12. Global Payment as a Service Revenue by Players (2018-2023) & ($ Millions)
    Table 13. Global Payment as a Service Revenue Market Share by Player (2018-2023)
    Table 14. Payment as a Service Key Players Head office and Products Offered
    Table 15. Payment as a Service Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 16. New Products and Potential Entrants
    Table 17. Mergers & Acquisitions, Expansion
    Table 18. Global Payment as a Service Market Size by Regions 2018-2023 & ($ Millions)
    Table 19. Global Payment as a Service Market Size Market Share by Regions (2018-2023)
    Table 20. Global Payment as a Service Revenue by Country/Region (2018-2023) & ($ millions)
    Table 21. Global Payment as a Service Revenue Market Share by Country/Region (2018-2023)
    Table 22. Americas Payment as a Service Market Size by Country (2018-2023) & ($ Millions)
    Table 23. Americas Payment as a Service Market Size Market Share by Country (2018-2023)
    Table 24. Americas Payment as a Service Market Size by Type (2018-2023) & ($ Millions)
    Table 25. Americas Payment as a Service Market Size Market Share by Type (2018-2023)
    Table 26. Americas Payment as a Service Market Size by Application (2018-2023) & ($ Millions)
    Table 27. Americas Payment as a Service Market Size Market Share by Application (2018-2023)
    Table 28. APAC Payment as a Service Market Size by Region (2018-2023) & ($ Millions)
    Table 29. APAC Payment as a Service Market Size Market Share by Region (2018-2023)
    Table 30. APAC Payment as a Service Market Size by Type (2018-2023) & ($ Millions)
    Table 31. APAC Payment as a Service Market Size Market Share by Type (2018-2023)
    Table 32. APAC Payment as a Service Market Size by Application (2018-2023) & ($ Millions)
    Table 33. APAC Payment as a Service Market Size Market Share by Application (2018-2023)
    Table 34. Europe Payment as a Service Market Size by Country (2018-2023) & ($ Millions)
    Table 35. Europe Payment as a Service Market Size Market Share by Country (2018-2023)
    Table 36. Europe Payment as a Service Market Size by Type (2018-2023) & ($ Millions)
    Table 37. Europe Payment as a Service Market Size Market Share by Type (2018-2023)
    Table 38. Europe Payment as a Service Market Size by Application (2018-2023) & ($ Millions)
    Table 39. Europe Payment as a Service Market Size Market Share by Application (2018-2023)
    Table 40. Middle East & Africa Payment as a Service Market Size by Region (2018-2023) & ($ Millions)
    Table 41. Middle East & Africa Payment as a Service Market Size Market Share by Region (2018-2023)
    Table 42. Middle East & Africa Payment as a Service Market Size by Type (2018-2023) & ($ Millions)
    Table 43. Middle East & Africa Payment as a Service Market Size Market Share by Type (2018-2023)
    Table 44. Middle East & Africa Payment as a Service Market Size by Application (2018-2023) & ($ Millions)
    Table 45. Middle East & Africa Payment as a Service Market Size Market Share by Application (2018-2023)
    Table 46. Key Market Drivers & Growth Opportunities of Payment as a Service
    Table 47. Key Market Challenges & Risks of Payment as a Service
    Table 48. Key Industry Trends of Payment as a Service
    Table 49. Global Payment as a Service Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 50. Global Payment as a Service Market Size Market Share Forecast by Regions (2024-2029)
    Table 51. Global Payment as a Service Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 52. Global Payment as a Service Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 53. FIS Details, Company Type, Payment as a Service Area Served and Its Competitors
    Table 54. FIS Payment as a Service Product Offered
    Table 55. FIS Payment as a Service Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 56. FIS Main Business
    Table 57. FIS Latest Developments
    Table 58. Thales Group Details, Company Type, Payment as a Service Area Served and Its Competitors
    Table 59. Thales Group Payment as a Service Product Offered
    Table 60. Thales Group Main Business
    Table 61. Thales Group Payment as a Service Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 62. Thales Group Latest Developments
    Table 63. Ingenico Group Details, Company Type, Payment as a Service Area Served and Its Competitors
    Table 64. Ingenico Group Payment as a Service Product Offered
    Table 65. Ingenico Group Main Business
    Table 66. Ingenico Group Payment as a Service Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 67. Ingenico Group Latest Developments
    Table 68. Agilysys, Inc Details, Company Type, Payment as a Service Area Served and Its Competitors
    Table 69. Agilysys, Inc Payment as a Service Product Offered
    Table 70. Agilysys, Inc Main Business
    Table 71. Agilysys, Inc Payment as a Service Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 72. Agilysys, Inc Latest Developments
    Table 73. Total System Services, Inc Details, Company Type, Payment as a Service Area Served and Its Competitors
    Table 74. Total System Services, Inc Payment as a Service Product Offered
    Table 75. Total System Services, Inc Main Business
    Table 76. Total System Services, Inc Payment as a Service Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 77. Total System Services, Inc Latest Developments
    Table 78. Mastercard Details, Company Type, Payment as a Service Area Served and Its Competitors
    Table 79. Mastercard Payment as a Service Product Offered
    Table 80. Mastercard Main Business
    Table 81. Mastercard Payment as a Service Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 82. Mastercard Latest Developments
    Table 83. PayPal Holdings, Inc Details, Company Type, Payment as a Service Area Served and Its Competitors
    Table 84. PayPal Holdings, Inc Payment as a Service Product Offered
    Table 85. PayPal Holdings, Inc Main Business
    Table 86. PayPal Holdings, Inc Payment as a Service Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 87. PayPal Holdings, Inc Latest Developments
    Table 88. Verifone Details, Company Type, Payment as a Service Area Served and Its Competitors
    Table 89. Verifone Payment as a Service Product Offered
    Table 90. Verifone Main Business
    Table 91. Verifone Payment as a Service Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 92. Verifone Latest Developments
    Table 93. Pineapple Payments Details, Company Type, Payment as a Service Area Served and Its Competitors
    Table 94. Pineapple Payments Payment as a Service Product Offered
    Table 95. Pineapple Payments Main Business
    Table 96. Pineapple Payments Payment as a Service Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 97. Pineapple Payments Latest Developments
List of Figures
    Figure 1. Payment as a Service Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Payment as a Service Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Payment as a Service Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Payment as a Service Sales Market Share by Country/Region (2022)
    Figure 8. Payment as a Service Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Payment as a Service Market Size Market Share by Type in 2022
    Figure 10. Payment as a Service in Hospital
    Figure 11. Global Payment as a Service Market: Hospital (2018-2023) & ($ Millions)
    Figure 12. Payment as a Service in Retail and E-commerce
    Figure 13. Global Payment as a Service Market: Retail and E-commerce (2018-2023) & ($ Millions)
    Figure 14. Payment as a Service in Media and Entertainment
    Figure 15. Global Payment as a Service Market: Media and Entertainment (2018-2023) & ($ Millions)
    Figure 16. Payment as a Service in Others
    Figure 17. Global Payment as a Service Market: Others (2018-2023) & ($ Millions)
    Figure 18. Global Payment as a Service Market Size Market Share by Application in 2022
    Figure 19. Global Payment as a Service Revenue Market Share by Player in 2022
    Figure 20. Global Payment as a Service Market Size Market Share by Regions (2018-2023)
    Figure 21. Americas Payment as a Service Market Size 2018-2023 ($ Millions)
    Figure 22. APAC Payment as a Service Market Size 2018-2023 ($ Millions)
    Figure 23. Europe Payment as a Service Market Size 2018-2023 ($ Millions)
    Figure 24. Middle East & Africa Payment as a Service Market Size 2018-2023 ($ Millions)
    Figure 25. Americas Payment as a Service Value Market Share by Country in 2022
    Figure 26. United States Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 27. Canada Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 28. Mexico Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 29. Brazil Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 30. APAC Payment as a Service Market Size Market Share by Region in 2022
    Figure 31. APAC Payment as a Service Market Size Market Share by Type in 2022
    Figure 32. APAC Payment as a Service Market Size Market Share by Application in 2022
    Figure 33. China Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Japan Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 35. Korea Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 36. Southeast Asia Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 37. India Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 38. Australia Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 39. Europe Payment as a Service Market Size Market Share by Country in 2022
    Figure 40. Europe Payment as a Service Market Size Market Share by Type (2018-2023)
    Figure 41. Europe Payment as a Service Market Size Market Share by Application (2018-2023)
    Figure 42. Germany Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 43. France Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 44. UK Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 45. Italy Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 46. Russia Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 47. Middle East & Africa Payment as a Service Market Size Market Share by Region (2018-2023)
    Figure 48. Middle East & Africa Payment as a Service Market Size Market Share by Type (2018-2023)
    Figure 49. Middle East & Africa Payment as a Service Market Size Market Share by Application (2018-2023)
    Figure 50. Egypt Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 51. South Africa Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 52. Israel Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 53. Turkey Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 54. GCC Country Payment as a Service Market Size Growth 2018-2023 ($ Millions)
    Figure 55. Americas Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 56. APAC Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 57. Europe Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 58. Middle East & Africa Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 59. United States Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 60. Canada Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 61. Mexico Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 62. Brazil Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 63. China Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 64. Japan Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 65. Korea Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 66. Southeast Asia Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 67. India Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 68. Australia Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 69. Germany Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 70. France Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 71. UK Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 72. Italy Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 73. Russia Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 74. Spain Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 75. Egypt Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 76. South Africa Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 77. Israel Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 78. Turkey Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 79. GCC Countries Payment as a Service Market Size 2024-2029 ($ Millions)
    Figure 80. Global Payment as a Service Market Size Market Share Forecast by Type (2024-2029)
    Figure 81. Global Payment as a Service Market Size Market Share Forecast by Application (2024-2029)

FIS
Thales Group
Ingenico Group
Agilysys, Inc
Total System Services, Inc
Mastercard
PayPal Holdings, Inc
Verifone
Pineapple Payments

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape