Market Share of North America Payments Industry
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.
In December 2022, Splitit, the only white-label service that allows customers to pay by installments utilizing their current credit on their payment method at checkout, and Worldline, a global leader in online payments, announced a cooperation agreement to provide an incorporated card-based installment payments solution to Worldline's vast network of marketplaces and merchants.
In April 2022, Dwolla, a fintech company that drives innovation through sophisticated inter-account payment solutions, announced the release of Virtual Account Number (VAN), a long-awaited feature for connecting banks and fintech. These VANs are process management tool that allows businesses to manage complex payment workflows.
North America Payments Market Leaders
PayPal Holdings Inc.
MasterCard Incorporated (MasterCard)
Dwolla
Amazon.com Inc.
Visa Inc.
*Disclaimer: Major Players sorted in no particular order
