Payment Monitoring Market Report 2026

The payment monitoring market size has grown exponentially in recent years. It will grow from $23.26 billion in 2025 to $27.99 billion in 2026 at a compound annual growth rate (CAGR) of 20.3%. The growth in the historic period can be attributed to rising transaction complexity, increasing digital payment volumes, growing regulatory compliance requirements, adoption of centralized payment platforms, increasing focus on operational risk management.

The payment monitoring market size is expected to see exponential growth in the next few years. It will grow to $60.35 billion in 2030 at a compound annual growth rate (CAGR) of 21.2%. The growth in the forecast period can be attributed to growing demand for ai-driven monitoring analytics, increasing adoption of cloud-native monitoring tools, expansion of real-time compliance reporting, rising investments in payment observability platforms, increasing focus on proactive incident management. Major trends in the forecast period include increasing deployment of real-time transaction monitoring tools, growing adoption of automated fraud detection systems, rising demand for compliance-centric monitoring platforms, expansion of cloud-based monitoring solutions, enhanced focus on payment system reliability.

The rise in the growth of digital payments is expected to propel the growth of the payment monitoring market going forward. Digital payments are electronic transactions conducted without the use of cash or checks, utilizing methods such as credit cards, debit cards, mobile wallets, and online payment systems. Digital payments heavily rely on payment gateways, as they serve as intermediary platforms facilitating secure and seamless transactions between merchants and customers, ensuring encryption, authorization, and routing of payment information. For instance, in September 2023, according to FreedomPay Inc., a US-based payment platform as a service, in the UK at present, approximately 17% of expenditures in the retail, leisure, and hospitality sectors are conducted using digital wallets. Forecasts suggest a surge to $160.5 billion (£127.7 billion) in digital wallet transactions by 2027 and 2028 from the current $91.12 billion (£72.5 billion). By 2033, it's anticipated that digital wallet payments will more than double, reaching 39.7% of total transactions, equating to $263.94 billion (£210 billion). Therefore, the rise in the growth of digital payments is driving the growth of the payment monitoring market.

Major companies operating in the payment monitoring market are focusing on next-generation solutions such as AI-Based AML transaction monitoring solution to enhance fraud detection and compliance efficiency. An AI-based AML transaction monitoring solution utilizes artificial intelligence algorithms to detect and prevent money laundering activities within financial transactions effectively. For instance, in April 2023, NICE, an Israel-based technology company, launched a suspicious activity monitoring (SAM-10) solution, designed to elevate detection capabilities for suspicious activities while simultaneously mitigating false positives. SAM-10 represents a substantial advancement in the acclaimed anti-money laundering suite, integrating a multifaceted approach to defense that fortifies each layer, resulting in comprehensive coverage and heightened detection of potentially illicit activities within the financial sector.

In December 2024, Visa Inc., a US based provider of global digital payment processing, risk and identity solutions, and fraud prevention technologies, acquired Featurespace for an undisclosed amount. With this acquisition, Visa aims to bolster its real time payment monitoring and AI driven fraud detection capabilities across its global payment network, enhancing security and risk scoring services for financial institutions and merchants. Featurespace Ltd. is a UK based provider of real time AI powered payments protection and transaction monitoring technology designed to detect and mitigate sophisticated payment fraud and financial crime.

Major companies operating in the payment monitoring market are ACI Worldwide Inc., BAE Systems plc, Fair Isaac Corporation, Fidelity National Information Services Inc., Fiserv Inc., Nice Ltd., Oracle Corporation, SAS Institute Inc., Software AG, Refinitiv Company, Bottomline Technologies Inc., Broadcom Inc., International Business Machines Corporation, ThreatMetrix Inc., ComplyAdvantage Ltd., Thomson Reuters Corporation, LexisNexis Group, Hawk:AI, Napier Healthcare Solutions, FinScan, Flywire Corporation, PPRO Financial Ltd., CheckoutLtd., Adyen NV, Stripe Inc., Square Inc., PayPal Holdings Inc., Global Payments Inc., PayNearMe.

North America was the largest region in the payment monitoring market in 2025.Asia-Pacific is expected to be the fastest-growing region in the global payment monitoring market report during the forecast period. The regions covered in the payment monitoring market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the payment monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The payment monitoring market includes revenues earned by entities by providing services that include ongoing monitoring, real-time alerts, fraud detection, and reporting. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The payment monitoring market consists of sales of payment fraud detection systems, transaction monitoring software, and payment gateway monitoring tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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