Market Share of Europe Payments Industry
Paypal dominates the digital wallet market, as it does in other large European markets. The European payments market is becoming more competitive, with new entrants such as Google Pay, Apple Pay, and Amazon Pay showing significant challenges. Furthermore, in almost every European country, PayPal and Visa are the most popular payment methods for online shopping.
- May 2022- Melio enables small business owners to pay all vendor bills with credit cards. It has given small business owners more options for paying bills. Melio's user-friendly payments system consolidates all of a company's accounts into a single interface. Business owners can pay specific bills and vendors directly from the app.
- December 2021- AS Roma, an Italian professional football club based in Rome, partnered with REPX, a British fintech firm, to launch a new innovative prepaid card for Giallorossi fans. Users of the prepaid card will be able to transfer money between supporters instantly and without charge.
Europe Payments Market Leaders
Visa Inc.
Mastercard
Currence iDEAL BV
Paydirekt GmbH (Giropay)
Melio Payments Inc.
*Disclaimer: Major Players sorted in no particular order
