Payment Card Industry Data Security Standards (PCI DSS) certification is required for every merchant or business accepting credit or debit cards, online or offline. PCI DSS standards require merchants and processors to meet criteria such as : Build and maintain a secure network and systems, protect cardholder data, maintain a vulnerability management program, implement strong access control measures, regularly monitor and test networks and maintain an information security policy.

The article cited AMA's "Global Payment Security Service Market Study" explored CAGR of 14.5%. According to the report, Intelligent & Smart Security with Machine Learning is one of the primary growth factors for the market. Rising Digital Payments System Fueled by Smartphone Penetration is also expected to contribute significantly to the Payment Security Service market growth. Overall, applications of Payment Security Service, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Organization Size, such as Large enterprises, is boosting the Payment Security Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Platform, such as POS, is boosting the Payment Security Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Vertical, such as Retail, is boosting the Payment Security Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Solution, such as Antivirus & Firewall, is boosting the Payment Security Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Payment Security Service market identified that the demand is rising in many different parts of the world as "Advancement and Launch of Various Digital Payment Services ".

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Payment Security Service market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Payment Security Service market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at complete Table of Content: Global Payment Security Service Market Study

Data Triangulation
The overall Payment Security Service market size is calculated using market estimation process, the Payment Security Service market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Payment Security Service market size has been validated using both top-down and bottom-up approaches.