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Payment as a Service Market is projected to grow from USD 14.01 Billion in 2024 to USD 63.53 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 20.80% during the forecast period (2024 - 2032). Additionally, the market size for Payment as a Service was valued at USD 11.29 billion in 2023.

Increased demand for digital payment systems and rising technological upgrades are the vital market drivers expediting market’s expansion.