The North America Payment Processing Solutions Market would witness market growth of 8.8% CAGR during the forecast period (2018 - 2024). North America covers developed countries like the US and Canada. These economies have made significant investments in Research and Development (R&D) activities; thereby making contributions in development of innovative technologies. The payment processing solutions market in North America is competitive primarily due to these R&D investments and innovations.
The countries here are early adopters of novel technologies in various verticals. They are also the leading countries in retail, banking, financial services, and other industries like transportation and manufacturing. Payments through credit cards are the most preferred mode by consumers in both online and point-of-sale (POS) methods in North American countries. North America is projected to have the largest market size in the Payment Processing Solutions Market. In this region, the US accounts for the largest market share in the Payment Processing Solutions Market.
Based on Payment method, the market is segmented into Credit Card, Debit card and Ewallet. Based on End User, the market is segmented into Hospitality, Retail, Utilities & Telecommunication, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PayPal Holdings, Inc., Global Payments Inc., First Data Corporation, Square Inc., Wirecard AG, Naspers Limited, Visa Inc., Jack Henry & Associates Inc., Adyen N.V., and Paysafe Group Limited.
Market Segmentation:
By Payment Method
By End User
By Country
Companies Profiled
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