SEARCH   
MEMBER LOGIN    

Online Payment Processing Software Developers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Online Payment Processing Software Developers Market Research Report | Technology | E-commerce Technologies | May 2014

Paying up: Strong growth will continue as mobile payment systems become more accepted

IBISWorld’s Online Payment Processing Software Developers market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
eBay eBay market share
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 09-14
17.6%
Annual Growth 14-19
Purchase to read more
Profit
Purchase to read more
Employment
21,952
Businesses
1,459
Industry Analysis & Industry Trends

The Online Payment Processing Software Developers industry has grown tremendously over the past five years. As per capita disposable income is set to increase, more consumers will make purchases online, securing revenue for companies in this industry. Despite extremely positive forecasts, external competition and fears of security breaches may hinder potential growth. In addition, some merchants will not accept payments from online payment processors, thereby limiting industry revenue growth.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Online Payment Processing Software Developers industry exhibits a low level of concentration, with the largest industry player expected to account for about 25.4% of industry revenue in 2014. The industry is highly fragmented, with a majority of payment platform developers operating in specific verticals. For example, some banks have implemented their own payment platforms for their customers to use and certain payment processing software only targets businesses of a certain size. Additionally, the industry's low level of concentration is indicative of a relatively new industry; as the industry experienced rapid growth in the early part of the past decade, many new firms entered the industry to try to capitalize on this growth... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Online Payment Processing Software Developers Industry?

This industry comprises establishments primarily engaged in developing online payments processing software. Online payments processing software enables merchants to authorize, settle and manage credit card and electronic check transactions through the internet.

Industry Products
Merchant accountsThird-party processors
 
Industry Activities
Developing online payment processing platformsDeveloping mobile online payment processing platformsPreventing and investigating fraud on online payment processing platforms


View Sample
Quote
Select Clients