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Payment Processing

Popularity

Popularity, in our view, is used to interpret the overall data trends regarding the count of ratings about software in the Payment Processing industry. While our popularity page doesn't examine user satisfaction, product affordability, competition dynamics, and language support - we will have pages on those topics as well.

Overall Popularity

Payment Processing currently ranks as the 169th most used software solutions category based on our calculations with 403 ratings last year. Year over year, Payment Processing's popularity expanded 342.86%. Payment Processing hit its highest popularity level in 2019 coming in 164th place with 387 customer reviews. Additionally, it experienced its minimum popularity in 2017 coming in 247th place with 403 reviews. Going back to 2015, Payment Processing has accrued 1,262 total customer reviews. As the 169th most reviewed software category worldwide, Payment Processing is pretty niche category.

The Changing of the Guard

The oldest Payment Processing product in our records is Amazon Pay given its earliest known review appearing in 2015. The most recent Payment Processing product on our list is Stripe Payments with its first tracked review popping up in 2019.

Lets Take a Trip

The United States uses Payment Processing software more than any other country with 670 reviews. The United States is followed by India, Canada, the United Kingdom, and Kenya which have an overall average of 121 customer reviews. During this past year Payment Processing category gained popularity in the United States to become the nation's 180th most reviewed category this last year. The most frequently used Payment Processing products are Amazon Pay with 630 ratings, Venmo for Business with 307 reviews, and Stripe Payments with 167 ratings.

Popularity by Business Size

Many companies using Payment Processing software are small businesses, representing 61% of all clients. They are trailed by medium business customers (26%), and large business clients (12%). The usage of Payment Processing software solutions for small businesses appears to be growing currently, increasing by 261% over the last year. Payment Processing software solutions for large businesses are experiencing expansion as well, increasing by 360% in the past year.

Titans of Industry

The top industries for Payment Processing are information technology and services, computer software, marketing and advertising, retail, and food and beverages.

Total
Products

4

Most popular
category

#169

Most
used by

Information Technology and Services

Products offering
free trial

0.0%

Average
entry price

$0

Category
started

2015

Average
product age

3 years

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