Dublin, July 21, 2025 (GLOBE NEWSWIRE) -- The "Payment as a Service - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Payment as a Service was estimated at US$18.3 Billion in 2024 and is projected to reach US$45.6 Billion by 2030, growing at a CAGR of 16.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Payment as a Service market. 
The growth in the Payment as a Service market is driven by several factors, including technological advancements, evolving consumer preferences, and the increasing need for scalability and flexibility in payment solutions. One key driver is the shift toward digital and mobile payments, as consumers increasingly favor digital wallets, contactless transactions, and mobile payment apps for everyday purchases. This change in payment behavior has led businesses across industries to seek PaaS platforms that enable them to offer seamless, omnichannel payment experiences to their customers. Additionally, the expansion of e-commerce has been a major factor in driving demand for PaaS, as online shopping continues to grow globally, requiring businesses to adopt payment solutions that support multiple currencies, payment methods, and international compliance requirements.
Another significant factor is the integration of advanced security technologies, such as AI-driven fraud detection and blockchain, which have enhanced the security and transparency of payment processing. These technologies have become increasingly important as cyber threats and fraud risks continue to rise in the digital payments landscape. PaaS providers that offer robust security features are well-positioned to meet the needs of businesses looking to protect sensitive payment data and ensure compliance with data protection regulations, such as PCI DSS and GDPR.
Furthermore, the scalability of cloud-based PaaS solutions has made them appealing to businesses of all sizes, from startups to large enterprises. The ability to scale payment processing infrastructure up or down based on transaction volumes allows businesses to manage costs effectively while maintaining high performance during peak periods, such as holiday shopping seasons or promotional events. This flexibility is particularly valuable for SMEs and startups, which can leverage PaaS platforms to access advanced payment capabilities without the need for heavy upfront investments in infrastructure.
Lastly, regulatory changes in the financial services industry, such as the implementation of PSD2 (Payment Services Directive 2) in Europe, have opened the door for greater innovation in payments, encouraging the development of open banking ecosystems. PaaS providers that offer open APIs and support for third-party integrations are well-positioned to capitalize on these regulatory shifts, enabling businesses to deliver more innovative, customer-centric payment experiences.
Report Scope
- Segments: Component (Platform, Services); Vertical (Retail & eCommerce, BFSI, Healthcare, Travel & Hospitality, Other Verticals)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Platform segment, which is expected to reach US$33.9 Billion by 2030 with a CAGR of a 14.9%. The Services segment is also set to grow at 21.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $5.1 Billion in 2024, and China, forecasted to grow at an impressive 15.6% CAGR to reach $7.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Payment as a Service Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Agilysys Inc., Alpha Fintech, Aurus, First American Payments Systems, First Data (Fiserv Inc.) and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 34 companies featured in this Payment as a Service market report include:
- Agilysys Inc.
- Alpha Fintech
- Aurus
- First American Payments Systems
- First Data (Fiserv Inc.)
- FIS
- Ingenico
- PaySafe
- Pineapple Payments
- TSYS (Global Payments Inc.)
- Verifone
This edition integrates the latest global trade and economic shifts into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 136 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $18.3 Billion |
| Forecasted Market Value (USD) by 2030 | $45.6 Billion |
| Compound Annual Growth Rate | 16.4% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Tariff Impact on Global Supply Chain Patterns
- Global Economic Update
- Payment as a Service - Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
MARKET TRENDS & DRIVERS
- Growing Digital Transformation Across Industries Spurs Demand for Comprehensive Payment as a Service Solutions to Enable Seamless Transactions
- Increased Adoption of Contactless and Tap-to-Pay Payment Methods Significantly Drives Growth in Payment as a Service (PaaS) Platforms
- Expansion of Mobile Wallets and Digital Payment Applications Strengthens Business Case for Payment as a Service Models Across Retail and E-commerce
- Global Shift Toward Cashless Economies and Digital Banking Expands Addressable Market Opportunity for Payment as a Service Providers
- Rising E-commerce Penetration, Especially in Emerging Markets, Accelerates the Demand for Scalable Payment as a Service Platforms
- Emergence of Cryptocurrencies, Blockchain Technologies, and Decentralized Finance (DeFi) Solutions Propels Innovation in Payment as a Service Models
- Integration of Artificial Intelligence (AI) and Machine Learning in Fraud Detection and Payment Solutions Drives Increased Adoption of Payment as a Service
- Growth of Subscription-Based Business Models and the Need for Recurring Billing Solutions Creates Opportunities for Payment as a Service Expansion
- Advancements in API-Driven Payment Technologies and Open Banking Ecosystems Propel Growth and Collaboration in Payment as a Service Market
- Rising Importance of Data Security, Cybersecurity, and Fraud Prevention Drives Adoption of Advanced Payment as a Service Platforms with Built-In Security Features
- Proliferation of Internet of Things (IoT) Devices and Wearable Technology Expands Market for Embedded Payment as a Service in Connected Ecosystems
For more information about this report visit https://www.researchandmarkets.com/r/ww24vo
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