Latin America Payment As A Service Market Size & Outlook
The payment as a service market in Latin America is expected to reach a projected revenue of US$ 3,667.3 million by 2030. A compound annual growth rate of 15.8% is expected of Latin America payment as a service market from 2024 to 2030.
- Fintech & Financial Services
- Payments & Money Transfer
- Payment As A Service Market Outlook
- Payments & Money Transfer
Revenue, 2023 (US$M)
$1,312.5
Forecast, 2030 (US$M)
$3,667.3
CAGR, 2024 - 2030
15.8%
Report Coverage
Latin America
Latin America Payment As A Service Market, 2017-2030 (US$M)
Global Market
Related Markets
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Latin America payment as a service market highlights
- The Latin America payment as a service market generated a revenue of USD 1,312.5 million in 2023.
- The market is expected to grow at a CAGR of 15.8% from 2024 to 2030.
- In terms of segment, platform was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,312.5 million |
| Market revenue in 2030 | USD 3,667.3 million |
| Growth rate | 15.8% (CAGR from 2023 to 2030) |
| Largest segment | Platform |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platform, Services |
| Key market players worldwide | Agilysys Inc, Deluxe Corp, Fiserv Inc, Paysafe Ltd Ordinary Shares - Class A, Global Payments Inc, Francisco Partners |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.7% of the global payment as a service market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,009.4 million by 2030.
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Payment As A Service Market Scope
Payment As A Service Market segmentation & scope
Payment As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fiserv Inc | View profile | 42,000 | 255 Fiserv Drive, Brookfield, WI, United States, 53045 | www.fiserv.com |
| Agilysys Inc | View profile | 1,900 | 3655 Brookside Parkway, Suite 300, Alpharetta, GA, United States, 30022 | www.agilysys.com |
| Francisco Partners | View profile | 101-250 | San Francisco, California, United States, North America | www.franciscopartners.com |
| Global Payments Inc | View profile | 27,000 | 3550 Lenox Road, Atlanta, GA, United States, 30326 | www.globalpaymentsinc.com |
| Paysafe Ltd Ordinary Shares - Class A | View profile | 3,200 | 2 Gresham Street, 27th Floor, London, United Kingdom, EC2V 7AD | www.paysafe.com |
| Deluxe Corp | View profile | 5,170 | 801 South, Marquette Avenue, Minneapolis, MN, United States, 55402-2807 | www.deluxe.com |
Latin America Payment As A Service Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Payment As A Service Market Outlook will help companies and investors design strategic landscapes.
Platform was the largest segment with a revenue share of 78.83% in 2023.
Horizon Databook has segmented the Latin America payment as a service market based on platform, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Latin America Payment As A Service Market Component Outlook (Revenue, USD Million , 2017-2030)
- Platform
- Services
- Latin America Payment As A Service Market Industry Outlook (Revenue, USD Million , 2017-2030)
- Retail & E-commerce
- Healthcare
- Travel & Hospitality
- BFSI
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Payment As A Service Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Payment As A Service Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Payment As A Service Market, 2017-2030 (US$M)
Latin America payment as a service market statistics, by component, 2017-2030 (US$M)
