Payments Processing Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth Analysis
The payments processing will grow at a CAGR of 9.28% during 2021-2025. Prices will increase by 8-10% during the forecast period and suppliers will have a moderate bargaining power in this market. PayPal Holdings Inc., Square Inc., Stripe Inc., Adyen NV, Flagship Merchant Services, Payline Data Services LLC, Due Inc., BitPay Inc., GoCardless Ltd., and ChronoPay are among the prominent suppliers in payments processing market.
Who are the Top Suppliers in the Payments Processing Market?
Browse table of contents & list of exhibits and sample illustrations on spend growth, pricing trends, etc.
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Leading global suppliers can assist buyers in realizing high-cost savings through their efforts on areas such as vertical integration, supplier synergies, reducing total ownership cost, conference participation, negotiate on pricing and contractual terms, ad-hoc spend management, adoption of automation, quality management, and managing inventory shrinkage. Collaborations with global suppliers will also help buyers in cost-saving and ensuring high-quality procurement in the dynamic market.
This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their payments processing requirements. Some of the leading payments processing suppliers profiled extensively in this report include:
PayPal Holdings Inc.
Square Inc.
Stripe Inc.
Adyen NV
Flagship Merchant Services
Payline Data Services LLC
Due Inc.
BitPay Inc.
GoCardless Ltd.
ChronoPay

Supplier Selection and Evaluation
Profile and service capabilities of the service provider, industry specialization of the service providers, reputation of service providers, and assessment of value-added services are some of the most critical parameters that buyers use to shortlist the suppliers in payments processing.
This report evaluates suppliers based on assess service providers capabilities in terms of pci compliance, assess security measures used by service providers while collecting cardholder information, ability of service providers to offer plug-ins or apis to integrate payment processing solution with the software used by buyers, and assess price-rate plans offered by service providers. In addition, suppliers are also shortlisted based on business needs, technical specifications, operational requirements, security compliance, regulatory mandates, legal requirements, quality control, change management procedures, pricing models, penalty clauses, SLA nuances, acceptance criteria, and evaluation criteria.