How big is the Third Party Payment Market?

The Third Party Payment Market size is expected to reach USD 55.70 billion in 2024 and grow at a CAGR of 35.10% to reach USD 60.20 billion by 2029. Read More

What is the current Third Party Payment Market size?

In 2024, the Third Party Payment Market size is expected to reach USD 55.70 billion. Read More

Who are the key players in Third Party Payment Market?

PayPal Holdings Inc, Stripe, Inc., Alipay.com Co.,Ltd, Amazon Payments, Inc. and Authorize.Net (CyberSource Corporation) are the major companies operating in the Third Party Payment Market. Read More

Which is the fastest growing region in Third Party Payment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Third Party Payment Market?

In 2024, the North America accounts for the largest market share in Third Party Payment Market. Read More

What years does this Third Party Payment Market cover, and what was the market size in 2023?

In 2023, the Third Party Payment Market size was estimated at USD 36.15 billion. The report covers the Third Party Payment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Third Party Payment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Third Party Payment Market Share

Statistics for the 2023 & 2024 Third Party Payment market share, created by Mordor Intelligence™ Industry Reports. Third Party Payment share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Third Party Payment Industry

The third party payment market is highly competitive. It has some players who have been in the business for quite some time. Subsequently, many startups are coming up to seize the huge opportunity this market offers. Some players have a presence only in a particular geography. The major players include PayPal Holdings Inc., Stripe Inc., Alipay.com Co. Ltd, and Amazon Payments Inc. The recent developments in the market are as follows:

June 2023: Stripe Inc. announced a partnership with Google Workspace to power paid appointment bookings with Google Calendar. With this new feature, businesses can connect their Stripe account, set a price, and then offer their clients the ability to book and pay for services in Google Calendar.
April 2023 - PayPal Holdings Inc. announced the addition of new features to complete its payment small business solutions. These solutions allow small businesses to accept a range of payments, including PayPal Venmo and PayPal Pay Later Products, giving customers more choices as to how they can pay can help drive checkout.