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Payment Bank Solutions Market Share

Report ID: GMI6778
Published Date: Jul 2024
Report Format: PDF

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Payment Bank Solutions Market Share

Major companies operating in the payment bank solutions industry are:

EdgeVerve Systems
MasterCard Incorporated
Comviva
Gemalto (Thales Group)
IBM
ACI Worldwide
BPC
Adyen N.V.
Authorize.net.

The payment bank solutions industry features intense competition with numerous players offering diverse solutions that leverage data science, AI, and advanced technologies.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of payment bank solutions reached USD 57.7 billion in 2023 and is set to observe over 13.5% CAGR between 2024 and 2032, owing to the increasing demand for swift payment processing and transfers.

The software segment accounted for a market share of around 67% in 2023, due to the proliferation of payment applications designed for merchants to accept cashless payments.

North America market held over 39% revenue share in 2023, attributed to the technological advancements across the region.

EdgeVerve Systems, MasterCard Incorporated, Comviva, Gemalto (Thales Group), IBM, ACI Worldwide, BPC, Adyen N.V., and Authorize.net.