The Latin America, Middle East and Africa Payment Orchestration Platform Market would witness market growth of 26.8% CAGR during the forecast period (2022-2028).
A significant number of small- and medium-sized firms all over the world have added new payment alternatives to attract customers. Therefore, a key factor in the growth of the sector is the growing use of payment orchestration platforms to create a digital payment ecosystem. By enabling merchants to overcome challenging payment methods, payment orchestration systems help make things simple and make it easier for businesses to forge local connections. This entails providing clients with a variety of payment methods and currencies, irrespective of their location.
POP decreases operational expenses for merchants, streamlines back-end procedures, and defends them against declined payments. The platform is therefore necessary for a smoother and more frictionless payment process, which promotes market expansion. One of the key factors fueling the market's expansion is the rise in popularity of Buy Now Pay Later (BNPL) platforms among retailers around the world. Merchants can use the BNPL platform without a lot of technical development due to payment planning forums.
Most people that use BNPL are between the ages of 18 and 24. This is so that customers may buy things without having to pay in advance owing to BNPL. Adopting a POP has many benefits, including 24/7 payment services and cost-effective operations. Additionally, it helps ensure that the security criteria are followed. This encourages a lot of market players to use POP in order to manage their payment processes more efficiently.
Hotels in the UAE are dedicated to putting hotel classification systems into practice. Hotels, hotel apartments, resort enterprises, and vacation houses adhere to the classification and licensing guidelines set forth by governmental tourism organizations. These aid visitors to the UAE in making an informed choice about their lodging options. Based on services and amenities, the algorithm decides what advantages each hotel property provides to its visitors. Additionally, it defines the minimum requirements that must be met, ensuring that accommodations are evaluated in accordance with the highest industry standards.
The Brazil market dominated the LAMEA Payment Orchestration Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $62.5 million by 2028. The Argentina market is experiencing a CAGR of 27.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 26.5% during (2022 - 2028).
Based on Type, the market is segmented into B2B, B2C, and C2C. Based on End Use, the market is segmented into BFSI, E-commerce, Healthcare, Travel & Hospitality, and Others. Based on Functionalities, the market is segmented into Cross Border Transactions, Risk Management, and Advanced Analytics & Reporting. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Payment Orchestration Platform Market is Predict to reach $3.7 Billion by 2028, at a CAGR of 22.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include CellPoint Digital Ltd., IXOLIT Group, Payoneer, Inc., APEXX Fintech Ltd., Rebilly, Spreedly, Inc., Modo Payments, LLC, Akurateco BV, BNT SOF, and aye4fin GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Type
By End Use
- BFSI
- E-commerce
- Healthcare
- Travel & Hospitality
- Others
By Functionalities
- Cross Border Transactions
- Risk Management
- Advanced Analytics & Reporting
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- CellPoint Digital Ltd.
- IXOLIT Group
- Payoneer, Inc.
- APEXX Fintech Ltd.
- Rebilly
- Spreedly, Inc.
- Modo Payments, LLC
- Akurateco BV
- BNT SOF
- aye4fin GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Payment Orchestration Platform Market, by Type
1.4.2 LAMEA Payment Orchestration Platform Market, by End Use
1.4.3 LAMEA Payment Orchestration Platform Market, by Functionalities
1.4.4 LAMEA Payment Orchestration Platform Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Sep – 2022, Jun) Leading Players
Chapter 4. LAMEA Payment Orchestration Platform Market by Type
4.1 LAMEA B2B Market by Country
4.2 LAMEA B2C Market by Country
4.3 LAMEA C2C Market by Country
Chapter 5. LAMEA Payment Orchestration Platform Market by End Use
5.1 LAMEA BFSI Market by Country
5.2 LAMEA E-commerce Market by Country
5.3 LAMEA Healthcare Market by Country
5.4 LAMEA Travel & Hospitality Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Payment Orchestration Platform Market by Functionalities
6.1 LAMEA Cross Border Transactions Market by Country
6.2 LAMEA Risk Management Market by Country
6.3 LAMEA Advanced Analytics & Reporting Market by Country
Chapter 7. LAMEA Payment Orchestration Platform Market by Country
7.1 Brazil Payment Orchestration Platform Market
7.1.1 Brazil Payment Orchestration Platform Market by Type
7.1.2 Brazil Payment Orchestration Platform Market by End Use
7.1.3 Brazil Payment Orchestration Platform Market by Functionalities
7.2 Argentina Payment Orchestration Platform Market
7.2.1 Argentina Payment Orchestration Platform Market by Type
7.2.2 Argentina Payment Orchestration Platform Market by End Use
7.2.3 Argentina Payment Orchestration Platform Market by Functionalities
7.3 UAE Payment Orchestration Platform Market
7.3.1 UAE Payment Orchestration Platform Market by Type
7.3.2 UAE Payment Orchestration Platform Market by End Use
7.3.3 UAE Payment Orchestration Platform Market by Functionalities
7.4 Saudi Arabia Payment Orchestration Platform Market
7.4.1 Saudi Arabia Payment Orchestration Platform Market by Type
7.4.2 Saudi Arabia Payment Orchestration Platform Market by End Use
7.4.3 Saudi Arabia Payment Orchestration Platform Market by Functionalities
7.5 South Africa Payment Orchestration Platform Market
7.5.1 South Africa Payment Orchestration Platform Market by Type
7.5.2 South Africa Payment Orchestration Platform Market by End Use
7.5.3 South Africa Payment Orchestration Platform Market by Functionalities
7.6 Nigeria Payment Orchestration Platform Market
7.6.1 Nigeria Payment Orchestration Platform Market by Type
7.6.2 Nigeria Payment Orchestration Platform Market by End Use
7.6.3 Nigeria Payment Orchestration Platform Market by Functionalities
7.7 Rest of LAMEA Payment Orchestration Platform Market
7.7.1 Rest of LAMEA Payment Orchestration Platform Market by Type
7.7.2 Rest of LAMEA Payment Orchestration Platform Market by End Use
7.7.3 Rest of LAMEA Payment Orchestration Platform Market by Functionalities
Chapter 8. Company Profiles
8.1 CellPoint Digital Ltd.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.2 IXOLIT Group
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.3 Payoneer, Inc.
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Product Launches and Product Expansions:
8.3.2.2 Acquisition and Mergers:
8.4 APEXX Fintech Ltd.
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.5 Rebilly
8.5.1 Company Overview
8.6 Spreedly, Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.7 Modo Payments, LLC
8.7.1 Company Overview
8.8 Akurateco BV
8.8.1 Company Overview
8.9 BNT SOFT
8.9.1 Company Overview
8.10. aye4fin GmbH
8.10.1 Company Overview
TABLE 1 LAMEA Payment Orchestration Platform Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Payment Orchestration Platform Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Payment Orchestration Platform Market
TABLE 4 Product Launches And Product Expansions– Payment Orchestration Platform Market
TABLE 5 Acquisition and Mergers– Payment Orchestration Platform Market
TABLE 6 LAMEA Payment Orchestration Platform Market by Type, 2018 - 2021, USD Million
TABLE 7 LAMEA Payment Orchestration Platform Market by Type, 2022 - 2028, USD Million
TABLE 8 LAMEA B2B Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA B2B Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA B2C Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA B2C Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA C2C Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA C2C Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Payment Orchestration Platform Market by End Use, 2018 - 2021, USD Million
TABLE 15 LAMEA Payment Orchestration Platform Market by End Use, 2022 - 2028, USD Million
TABLE 16 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Travel & Hospitality Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Travel & Hospitality Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Payment Orchestration Platform Market by Functionalities, 2018 - 2021, USD Million
TABLE 27 LAMEA Payment Orchestration Platform Market by Functionalities, 2022 - 2028, USD Million
TABLE 28 LAMEA Cross Border Transactions Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Cross Border Transactions Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Risk Management Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Risk Management Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA Advanced Analytics & Reporting Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Advanced Analytics & Reporting Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Payment Orchestration Platform Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Payment Orchestration Platform Market by Country, 2022 - 2028, USD Million
TABLE 36 Brazil Payment Orchestration Platform Market, 2018 - 2021, USD Million
TABLE 37 Brazil Payment Orchestration Platform Market, 2022 - 2028, USD Million
TABLE 38 Brazil Payment Orchestration Platform Market by Type, 2018 - 2021, USD Million
TABLE 39 Brazil Payment Orchestration Platform Market by Type, 2022 - 2028, USD Million
TABLE 40 Brazil Payment Orchestration Platform Market by End Use, 2018 - 2021, USD Million
TABLE 41 Brazil Payment Orchestration Platform Market by End Use, 2022 - 2028, USD Million
TABLE 42 Brazil Payment Orchestration Platform Market by Functionalities, 2018 - 2021, USD Million
TABLE 43 Brazil Payment Orchestration Platform Market by Functionalities, 2022 - 2028, USD Million
TABLE 44 Argentina Payment Orchestration Platform Market, 2018 - 2021, USD Million
TABLE 45 Argentina Payment Orchestration Platform Market, 2022 - 2028, USD Million
TABLE 46 Argentina Payment Orchestration Platform Market by Type, 2018 - 2021, USD Million
TABLE 47 Argentina Payment Orchestration Platform Market by Type, 2022 - 2028, USD Million
TABLE 48 Argentina Payment Orchestration Platform Market by End Use, 2018 - 2021, USD Million
TABLE 49 Argentina Payment Orchestration Platform Market by End Use, 2022 - 2028, USD Million
TABLE 50 Argentina Payment Orchestration Platform Market by Functionalities, 2018 - 2021, USD Million
TABLE 51 Argentina Payment Orchestration Platform Market by Functionalities, 2022 - 2028, USD Million
TABLE 52 UAE Payment Orchestration Platform Market, 2018 - 2021, USD Million
TABLE 53 UAE Payment Orchestration Platform Market, 2022 - 2028, USD Million
TABLE 54 UAE Payment Orchestration Platform Market by Type, 2018 - 2021, USD Million
TABLE 55 UAE Payment Orchestration Platform Market by Type, 2022 - 2028, USD Million
TABLE 56 UAE Payment Orchestration Platform Market by End Use, 2018 - 2021, USD Million
TABLE 57 UAE Payment Orchestration Platform Market by End Use, 2022 - 2028, USD Million
TABLE 58 UAE Payment Orchestration Platform Market by Functionalities, 2018 - 2021, USD Million
TABLE 59 UAE Payment Orchestration Platform Market by Functionalities, 2022 - 2028, USD Million
TABLE 60 Saudi Arabia Payment Orchestration Platform Market, 2018 - 2021, USD Million
TABLE 61 Saudi Arabia Payment Orchestration Platform Market, 2022 - 2028, USD Million
TABLE 62 Saudi Arabia Payment Orchestration Platform Market by Type, 2018 - 2021, USD Million
TABLE 63 Saudi Arabia Payment Orchestration Platform Market by Type, 2022 - 2028, USD Million
TABLE 64 Saudi Arabia Payment Orchestration Platform Market by End Use, 2018 - 2021, USD Million
TABLE 65 Saudi Arabia Payment Orchestration Platform Market by End Use, 2022 - 2028, USD Million
TABLE 66 Saudi Arabia Payment Orchestration Platform Market by Functionalities, 2018 - 2021, USD Million
TABLE 67 Saudi Arabia Payment Orchestration Platform Market by Functionalities, 2022 - 2028, USD Million
TABLE 68 South Africa Payment Orchestration Platform Market, 2018 - 2021, USD Million
TABLE 69 South Africa Payment Orchestration Platform Market, 2022 - 2028, USD Million
TABLE 70 South Africa Payment Orchestration Platform Market by Type, 2018 - 2021, USD Million
TABLE 71 South Africa Payment Orchestration Platform Market by Type, 2022 - 2028, USD Million
TABLE 72 South Africa Payment Orchestration Platform Market by End Use, 2018 - 2021, USD Million
TABLE 73 South Africa Payment Orchestration Platform Market by End Use, 2022 - 2028, USD Million
TABLE 74 South Africa Payment Orchestration Platform Market by Functionalities, 2018 - 2021, USD Million
TABLE 75 South Africa Payment Orchestration Platform Market by Functionalities, 2022 - 2028, USD Million
TABLE 76 Nigeria Payment Orchestration Platform Market, 2018 - 2021, USD Million
TABLE 77 Nigeria Payment Orchestration Platform Market, 2022 - 2028, USD Million
TABLE 78 Nigeria Payment Orchestration Platform Market by Type, 2018 - 2021, USD Million
TABLE 79 Nigeria Payment Orchestration Platform Market by Type, 2022 - 2028, USD Million
TABLE 80 Nigeria Payment Orchestration Platform Market by End Use, 2018 - 2021, USD Million
TABLE 81 Nigeria Payment Orchestration Platform Market by End Use, 2022 - 2028, USD Million
TABLE 82 Nigeria Payment Orchestration Platform Market by Functionalities, 2018 - 2021, USD Million
TABLE 83 Nigeria Payment Orchestration Platform Market by Functionalities, 2022 - 2028, USD Million
TABLE 84 Rest of LAMEA Payment Orchestration Platform Market, 2018 - 2021, USD Million
TABLE 85 Rest of LAMEA Payment Orchestration Platform Market, 2022 - 2028, USD Million
TABLE 86 Rest of LAMEA Payment Orchestration Platform Market by Type, 2018 - 2021, USD Million
TABLE 87 Rest of LAMEA Payment Orchestration Platform Market by Type, 2022 - 2028, USD Million
TABLE 88 Rest of LAMEA Payment Orchestration Platform Market by End Use, 2018 - 2021, USD Million
TABLE 89 Rest of LAMEA Payment Orchestration Platform Market by End Use, 2022 - 2028, USD Million
TABLE 90 Rest of LAMEA Payment Orchestration Platform Market by Functionalities, 2018 - 2021, USD Million
TABLE 91 Rest of LAMEA Payment Orchestration Platform Market by Functionalities, 2022 - 2028, USD Million
TABLE 92 Key Information – CellPoint Digital Ltd.
TABLE 93 Key Information- IXOLIT Group
TABLE 94 Key Information – Payoneer, Inc.
TABLE 95 Key Information – APEXX Fintech Ltd.
TABLE 96 Key Information – Rebilly
TABLE 97 Key Information – Spreedly, Inc.
TABLE 98 Key Information – ModoPayments, LLC
TABLE 99 Key Information – Akurateco BV
TABLE 100 Key Information- BNT SOFT
TABLE 101 Key Information- aye4fin GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 3 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Sep – 2022, Jun) Leading Players
FIG 4 Recent strategies and developments: Payoneer, Inc.