How big is the North America Payments Market?

The North America Payments Market size is expected to reach USD 389.00 billion in 2024 and grow at a CAGR of 10.45% to reach USD 639.33 billion by 2029. Read More

What is the current North America Payments Market size?

In 2024, the North America Payments Market size is expected to reach USD 389.00 billion. Read More

Who are the key players in North America Payments Market?

PayPal Holdings Inc., MasterCard Incorporated (MasterCard), Dwolla, Amazon.com Inc. and Visa Inc. are the major companies operating in the North America Payments Market. Read More

What years does this North America Payments Market cover, and what was the market size in 2023?

In 2023, the North America Payments Market size was estimated at USD 352.20 billion. The report covers the North America Payments Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Payments Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

North America Payments Market - Share, Trends & Industry Overview

North America Payments Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The North America Payments Market Size is Segmented by Mode of Payment (Point of Sale (Card Payments, Digital Wallet, Cash, Others), Online Sale (Card Payments, Digital Wallet, Others)), and End-User Industries (Retail, Entertainment, Healthcare, Hospitality, Others) and Geography (US and Canada). the Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

North America Payments Industry Overview

The North American Payments market is highly competitive, with key players such as Apple Pay, Samsung Pay, Amazon Pay, Google Pay, and many others in the region developing new e-commerce solutions for a wide range of end-user applications. Companies are also investing and forming partnerships in the continent to expand their businesses and provide e-commerce platforms to the country's people.

June 2023 - Amazon Pay announced its partnership with BNPL outlet Affirm. With this partnership, Amazon Pay offers buy-now-pay-later (BNPL) services to small business owners using its online store.
March 2023 - Apple Inc. introduced Apple Pay Later in the U.S. designed with users’ financial health, It also allows users to split purchases into four payments, spread over six weeks with no interest and no fees. Users can easily track, manage, and repay their Apple Pay later loans in one convenient location in Apple Wallet.