Top Ten Payments Companies Processed $9 Trillion in 2022 Payment Card Volume
Collectively, the companies highlighted process over 90% of all card payment volume in the U.S.
- Collectively, the companies highlighted process over 90% of all card payment volume in the U.S.
2022 in many ways marked the first return to “normalcy” since the onset of the pandemic as several companies outpaced the combined average card volume growth of Visa, Mastercard, Discover, and American Express (12.6%), with notable examples of size being Adyen, Square, Stripe, Toast, and Shift4 all experiencing payment volume growth in excess of 20% in 2022. - Nearly 90% of the payment volume shown in TSG’s directory is processed by the top twenty-five listed companies.
- The top five players processed an estimated $6.5 trillion in card volume in 2022.
- Five of the top ten players listed grew their 2022 volume by more than the combined average volume growth of Visa, Mastercard, Discover, and American Express of 12.6%.