Global Payment Processing Solutions Market: 2025 Industry Overview, Trends, and Growth Insights
The global payment processing solutions market is undergoing rapid transformation, fueled by the digitalization of commerce, evolving consumer preferences, and the relentless march of technology. Here’s a comprehensive look at the latest payment processing industry report , including market size, trends, and growth drivers for 2025. Payment Processing Industry Overview & Market Size The global payment processing solutions market size was valued at USD 103.2 billion in 2023 and is projected to reach USD 160.0 billion by 2028 , growing at a CAGR of 9.2% . This robust growth is underpinned by the surge in e-commerce, the proliferation of digital wallets, and increasing adoption of contactless and mobile payment methods. Payment Processing Industry Growth Drivers E-commerce Expansion: The continuous rise of global e-commerce is a primary catalyst, with businesses and consumers demanding secure, seamless, and real-time pa...