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 | Feb 2016

Paying up: 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
PayPal PayPal market share
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 11-16
10.6%
Annual Growth 16-21
Purchase to read more
Profit
Purchase to read more
Employment
26,540
Businesses
1,645
Industry Analysis & Industry Trends

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 29.6% of industry revenue in 2016. 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