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Payment processors software

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Payment processors are businesses that process electronic payment transactions for merchants. Payment processors authorize, route, and settle credit and debit card payments between banks and merchants. They serve as intermediaries between the customer’s bank and the merchant’s account, providing increased security and efficiency to the payment process. Common types of payment processors include PayPal, Stripe, Square, and Authorize.net.

This chart displays the market share of the top 10 Payment processors software in 2025, highlighting the most popular tools used by online merchants.1. PayPal leads with a notable 28.15% share.2. In second place, Stripe at 12.22% share.3. Meanwhile, Klarna Checkout at 9.12% share.
  1. Pagar.me
    Pagar.me is a Portuguese-language online payments solution for businesses in Brazil.
  2. PayFast
    PayFast is a payments processing service for South Africans & South African websites.
  3. Paidy
    Paidy is basically a two-sided payments service, acting as a middleman between consumers and merchants in Japan.
  4. Laterpay
    Laterpay is a service that simplifies payments on the Internet. In addition to the classic immediate purchase option, Laterpay also allows you to buy digital content such as articles or videos now and pay later.
  5. Paysafe
    Paysafe is a payment platform that enables businesses and consumers to connect and transact by payment processing, digital wallet, and online cash solutions.
  6. Coinbase Commerce
    Coinbase Commerce is a platform that enables merchants to accept cryptocurrency payments.
  7. Binance Pay
    Binance Pay is a contactless, borderless, and secure cryptocurrency payment technology designed by Binance.
  8. Plug&Pay
    Plug&Pay is a payment processor that provides payment solutions for ecommerce businesses.
  9. WorldPay
    WorldPay is a merchant services and payment processing provider offering a payment gateway for online transactions.
  10. TNS Payments
    TNS Payments, is designed to deliver payment transaction information to banks, merchants, processors and other payment institutions.
  11. PagSeguro
    PagSeguro is an online or mobile payment-based ecommerce service for commercial operations.
  12. Klasha
    Klasha is a payment solution provider that handles a store's entire checkout.
  13. Facebook Pay
    Facebook pay is a payment solution which can be used on any site or app outside Facebook ecosystem.
  14. POLi Payment
    POLi Payment(formerly known as Centricom) is an online payment service in Australia and New Zealand.
  15. PayWhirl
    PayWhirl provides widgets and tools to handle recurring payments.
  16. WEBXPAY
    WEBXPAY is a specialised online payment gateway that expedites buying and selling in a highly secured environment.
  17. Payl8r
    PayL8r.com offers repayment plans and online finance which allow you to purchase products online.
  18. Service Provider Pro
    Service Provider Pro is a client management & billing software for productized service agencies.
  19. Forte
    Forte, a CSG Company offers merchants and partners a broad range of payment solutions.
  20. Juspay
    Juspay is a developer of an online platform designed to be used for mobile-based payments.

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