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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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
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Profit
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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 Analysis Chapter

The Online Payment Processing Software Developers industry has experienced rapid growth over the past five years, growing at an average annual rate of 17.6% to $14.3 billion over the five years to 2019. This growth is mainly the result of the quickly expanding online marketplace and consumers' increasing level of comfort with purchasing goods and services online. In 2014, revenue is expected to grow 6.0% to as a result of favorable movements in per capita disposable income and continued growth in the percentage of services conducted online... 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


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