Payment as a Service Global Market Report 2023 – B Payment as a Service Global Market Report 2023 – By Service (Professional Services, Managed Services), By Component (Platform, Services), By Vertical (Retail, Hospitality, Media and entertainment, Healthcare, Banking, Financial Services, and Insurance (BFSI), Other Verticals) – Market Size, Trends, And Global Forecast 2023-2032 ...(expand)

Payments as a Service (PaaS) refers to a service platform that provides platforms and develops the opportunity to offer payment options and generate revenue quickly and easily. It is used for enabling banks, payment providers, and other financial institutions for providing their customers with advanced payment products and services without resource-intensive internal development investment costs. For further insights on the payment as a service market, request a sample here

The payment as a service market growth is aided by increasing adoption of cashless transactions worldwide. For further insights on the payment as a service market, request a sample here

The payment as a service market is expected to reach $29.79 billion in 2027 at a rate of 21.2%. For further insights on the payment as a service market, request a sample here

The global payment as a service market is segmented as
1) By Service: Professional Services, Managed Services
2) By Component: Platform, Services
3) By Vertical: Retail, Hospitality, Media and entertainment, Healthcare, Banking, Financial Services, and Insurance (BFSI), Other Verticals
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North America was the largest region in the payment as a service market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Key competitors in the payment as a service market are, Aurus Inc., Total System Services Inc (TSYS), Ingenico, Paystand Inc., Mindgate Solutions Private Limited, VoPay International Inc, Agile Payments, Route Mobile, Arcus Financial Intelligence Inc., Pelican (ACE Software Solutions Inc.), StyloPAY, FacilitaPay, PaySky Holding, International Business Machines Corporation (IBM), Radar Payments. For further insights on the payment as a service market, request a sample here.

Major trends influencing the payment as a service market include technological advancements. Major companies operating in the payment-as-a-service market are focused on developing new technological solutions to strengthen their position. For further insights on the payment as a service, request a sample here.

For detailed insights on the major opportunities and strategies in the payment as a service market, request a sample here.

For detailed insights on payment as a service market's relation to the overall economy and other similar markets, request a sample here.

For detailed insights on the mergers and acquisitions in the payment as a service industry, request a sample here.

For detailed insights on the key dynamics influencing the payment as a service market growth and SWOT analysis of the payment as a service industry, request a sample here.