Payment Service Providers: An Exploration of the Space and the Players
Report Summary
Payment Service Providers: An Exploration of the Space and the Players
As the global/online space rapidly expands and demand for PSP services grows, only PSPs that adapt will survive.
Boston, June 9, 2016 – The explosive growth of online and mobile commerce creates a need for PSPs—organizations that can enable payment on merchant sites. But it’s gotten a whole lot more interesting than simply providing payment functionality. PSPs are a new ecosystem within the world of payments, with a variety of different approaches, solutions, and capabilities to offer to merchants of any size.
This report describes the global PSP space and defines the capabilities offered by ecosystem participants to reveal a comprehensive perspective. It is based on interviews and conversations with leading participants in the PSP space, along with in-depth input from 14 companies with PSP offerings, which are profiled in this report: Adyen, Amazon Payments, Beanstream, BlueSnap, CyberSource, Global Payments, Heartland Payment Systems, Intuit, Net Element, PayPal, Square, Stripe, Vantiv, and Worldline.
This 46-page Impact Report contains three figures and four tables. Clients of Aite Group’s Retail Banking & Payments service can download this report.
This report mentions ACI, Adyen, Alipay, All Saints, Amazon Payments, American Express, Apple, Authorize.net, Bambora, Beanstream, BigCommerce, BlueSnap, Braintree, CUP, CyberSource, Digital River, Diners Club, Discover, eBay, Equens, Evernote, Facebook, Global Payments, Heartland Payment Systems, Intuit, JCB, Kount, MasterCard, Net Element, Pay.On, Paydiant, PayPal, Pinterest, Realex, Spotify, Square, Stripe, Twitter, Vantiv, Venmo, Visa, Worldline, Xoom, and Yelp.