Payment Processing Solution Market Size, Share, Growth & Forecast by 2033

Research Methodology – Payment Processing Solution Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Payment Processing Solution Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Payment Processing Solution Market is developed by integrating key market indicators and macroeconomic variables. These include:

Factors considered while calculating market size and share

The total number of vendors providing payment processing solutions.

Accounting for various deployment types such as on-premises or cloud-based solutions.

Variety and complexity of payment methods offered (Credit Cards, Debit Cards, Mobile Wallets, etc).

Global distribution and level of adoption of payment processing solutions across different regions.

Analysis of different segments or markets - retail, ecommerce, public sector, healthcare, BFSI, etc. which utilize payment processing solutions.

Estimate of annual revenue generated by each player in the payment processing solution market.

Evaluating the size of business clientele â small, medium and large businesses - using these solutions.

Key Market Indicators

Growth rate of ecommerce market, as a prime adopter of payment processing solutions.

Advancements in mobile technology and increasing usage of mobile banking applications.

Global digital payments transaction volume.

Growth rate of fintech industry, as a key influencer.

Regulatory developments influencing the adoption of digital payments.

Current number of business establishments adopting digital payment methods.

Rate of globalization and international trade, influencing cross-border transactions.

Growth Trends

Acceleration in the adoption of digital payment systems due to the COVID-19 pandemic.

Increasing use of digital wallets and peer-to-peer (P2P) payment platforms.

Growth in m-commerce, encouraging mobile payment solutions.

Rising banking and financial services penetration worldwide.

Shift from cash and card to digital and contactless payments.

Integration of AI, machine learning and blockchain technology in payment systems.

Continued advancements in near field communication (NFC) and mobile point of sale (mPOS) systems.

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Payment Processing Solution Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Payment Processing Solution Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: