What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in payment processing software category. Our data sources in payment processing software category include;
Payment processing software allows companies to handle a range of business-to-business (B2B) transactions.
If you’d like to learn about the ecosystem consisting of Payment Processing Software and others, feel free to check AIMultiple Finance.
AIMultiple is data driven. Evaluate 219 services based on
comprehensive, transparent and objective AIMultiple scores.
For any of our scores, click the information icon to learn how it is
calculated based on objective data.
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We use the data sources on the side for ranking solutions and awarding badges in payment processing software category. Our data sources in payment processing software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Square Payments
Amazon Pay
HoneyBook
GoCardless
Adyen
Taking into account the latest metrics outlined below, these are the current payment processing software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Square Payments
Amazon Pay
HoneyBook
GoCardless
Adyen
These are the number of queries on search engines which include the brand name of the solution. Compared to other Finance categories, Payment Processing Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 61%, 12% more than the average of search queries in this area.
126 employees work for a typical company in this solution category which is 105 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 104 companies with >10 employees are offering payment processing software. Top 3 products are developed by companies with a total of 100k employees. The largest company building payment processing software is AWS with more than 100,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Square Payments
Amazon Pay
HoneyBook
GoCardless
Adyen
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Payment Processing Software companies. The most positive word describing Payment Processing Software is “Easy to use” that is used in 31% of the reviews. The most negative one is “Difficult” with which is used in 5.00% of all the Payment Processing Software reviews.
According to customer reviews, most common company size for payment processing software customers is 1-50 Employees. Customers with 1-50 Employees make up 72% of payment processing software customers. For an average Finance solution, customers with 1-50 Employees make up 19% of total customers.
These scores are the average scores collected from customer reviews for all Payment Processing Software. Payment Processing Software is most positively evaluated in terms of "Overall" but falls behind in "Likelihood to Recommend".
This category was searched on average for 792 times per month on search engines in 2022. This number has increased to 880 in 2023. If we compare with other finance solutions, a typical solution was searched 792 times in 2022 and this increased to 880 in 2023.