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The great payments shake-up: Why consolidation Is reshaping everything

The great payments shake-up: Why consolidation Is reshaping everything

Yahoo11-07-2025
The payments industry is undergoing a tectonic shift—and no one can afford to ignore it.
As margins shrink and tech demands rise, consolidation has become the name of the game. Banks, processors, software giants, and payment gateways are all scrambling to future-proof their businesses. The goal? As PwC explains, bigger scale, tighter integration, and deeper customer relationships. If you're not moving, you're falling behind.
Merchant acquiring is right at the heart of this consolidation wave—and the stakes are getting higher by the quarter. Look no further than Worldline, which has been snapping up regional players like Axepta Italy and Eurobank Merchant Acquiring to extend its European footprint. These aren't just vanity acquisitions; they're strategic power plays that lower unit costs on essentials like KYC/AML compliance, fraud mitigation, and network integration.
Why it matters: In today's margin-compressed environment, scale isn't just a benefit—it's a lifeline. PwC has even warned that processors commanding 'super majority' volumes may lose their edge unless they evolve beyond price competition and start offering bundled, end-to-end solutions that add real value.
Translation? Mid-size regional gateways with strong merchant relationships are sitting ducks for acquisition. If they can't grow, they'll get bought—or left behind.
The line between software and payments is disappearing fast. Shopify, QuickBooks, and Salesforce have all embedded payments into their platforms. As one expert points out, Stripe is leading the charge, treating payments as just one feature in a much bigger merchant toolkit.
And PayPal's move to acquire iZettle helped it break out of the browser and into the real world of small businesses and POS terminals.
This isn't just feature creep—it's a takeover strategy.
By owning the payment flow, these platforms become stickier, smarter, and more indispensable to their users. It also helps merchants simplify vendor management and get more out of their software investments.
Why it matters: Payment capabilities are becoming table stakes for platforms. That means smaller, standalone gateways that can't integrate or offer added-value services like fraud detection, reconciliation, or analytics are at risk. They'll either partner up, sell out, or get boxed out.
Banks have historically viewed payments as plumbing—necessary but not exactly glamorous. That's changing fast. According to PwC, forward-thinking banks now see payments as a revenue driver and a powerful way to keep customers engaged across multiple channels.
By acquiring or building their own merchant acquiring arms, banks are taking control of the entire transaction lifecycle. Imagine a local bank offering a card terminal to a small café—and then layering on rewards programmes, business loans, and data analytics. Suddenly, payments aren't a cost—they're a customer touchpoint and cross-sell engine.
Why it matters: Banks are turning themselves into two-sided ecosystems. They own the data. They own the rails. Now, they want to own the merchant relationship too. That spells opportunity for small acquirers with local roots—and serious competition for traditional processors.
The winners in this new landscape will be those who combine size with smarts. It's not just about being bigger. It's about being better connected, more innovative, and ruthlessly efficient.
Here's where to keep your eyes:
Mid-tier PSPs and regional acquirers: Prime takeover targets or consolidation catalysts.
Software platforms acquiring gateways: To keep control of payments and deepen user engagement.
Banks building or buying merchant services: To turn a cost centre into a growth engine.
But let's not pretend this is without risk. When big players dominate, innovation can take a back seat. Regulators will be watching—and so will merchants who don't want to be locked into closed ecosystems.
Still, the direction is clear: strategic consolidation offers a way to cut costs, unlock new revenue streams, and respond to merchants' demand for simplified, seamless solutions. Those who adapt will lead the next era of payments. Those who don't? They'll be left behind.
Roger Alexander serves as a key advisor to Chargebacks911's Advisory Board and its CEO, Monica Eaton, assisting the company with its expansion initiatives
"The great payments shake-up: Why consolidation Is reshaping everything" was originally created and published by Electronic Payments International, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
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Click Here to Access a Free Sample Report of the Global Stainless Steel Scrap Market @ Overview As per the industry experts at CMI, the primary growth driver of the stainless steel scrap market comes from the global whirl of circular economy practices and rising stress on decarbonized, resource-efficient metal production. Stainless steel scrap is a valuable secondary raw material from the perspective of new stainless steel production, saving great quantities of energy, carbon emissions, and use of primary alloying materials-Nickel, Chromium, etc. With industries adopting green procurement policies and tracking lifecycle emissions from construction, automotive, machinery, consumer goods, etc., stainless steel scrap has become a vital element for realizing any sustainability objective. 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Key Trends & Drivers Global Emphasis on Circular Economy and Decarbonization: This market of stainless steel scrap is rapidly evolving with the worldwide decline in circular economy principles and the demand for quick decarbonization of metal-intensive industries. Stainless steel can be recycled 100% without losing its quality, hence rendering stainless steel scrap highly sought after as a secondary raw material for steelmaking. Hence, as governments, corporations, and industry bodies set net-zero targets, scrap will play a crucial role in cutting carbon emissions that are involved in primary steelmaking, especially by the EAF (Electric Arc Furnace) route, wherein scrap is considered the major raw material. A cleaner form of production with scrap steel thus reduces the energy intensity and landfill build-up, and hence scrap becomes a strategic material for green manufacturing. Urbanization and industrialization are accelerating the production of more stainless steel scrap in bulk: As urban infrastructures, transportation, and consumer durables grow in these parts of the world, end-of-life stainless steel products, along with other materials, are being dumped into waste streams at an increasing rate, especially in Asia-Pacific, Latin America, and Africa. These might be discarded household appliances, kitchenware, automotive parts, pipelines, and construction materials. Dismantling and recovery operations are going up in places like India, Indonesia, and Brazil, often driven by increasing raw material prices and incentives coming from the scrap side. This rise in uptake of take-back programs and buy-back schemes for scrap across industrial sectors has ensured a very dynamic stainless steel recycling market. Policy and Regulation Support for Low-Carbon Materials: Government policies across high-ranking economies are promoting production methodologies that heavily rely on scrap. The EU is pushing scrap usage all the way to abate embedded emissions in steel through the implementation of CBAM and the Green Deal. Further, schemes such as India's Steel Scrap Recycling Policy and moves from Japan for a circular metals economy seek to formalize scrap collection and improve traceability. Export tariffs seal the efforts, with China levying an incredible 40% on stainless scrap. These policy levers, in a way, promote the inclusion of inox scrap into value chains and create a compliance-driven market that favors recycled inputs over virgin ones. Request a Customized Copy of the Stainless Steel Scrap Market Report @ Technological Betterments in Scrap Sorting and Processing: Recent advancements like sensor-based sorting, X-ray fluorescence (XRF), and AI-assisted alloy recognition are helping to improve the reputation of stainless steel scrap by enhancing processing efficiency and quality. These technologies can identify different grades of stainless steel scrap (like 300-series and 400-series), which helps reduce contamination and allows the scrap to be used in important applications such as aerospace and medical devices. Additionally, automation in scrap processing, robotics for handling scrap, and digital marketplaces for trading scrap are increasing transparency and traceability in the supply chain, addressing the long-standing issue of price discovery in this fragmented and informal industry. Such technologies identify stainless steel scrap by grade (i.e., 300-series, 400-series), and therefore, reduce contamination level so that stainless steel scrap can be supplied for critical higher-specification applications such as aerospace and medical devices. At the same time, automation for processing scrap, robotics for scrap handling, and digital scrap marketplaces for scrap trading are now providing much-needed transparency and traceability along the supply chain so that the absence of price discovery would be once-for-all all addressed to the benefit of what has been a highly fragmented and informal industry. Growing Demand Across End-Use Industries: Several downstream sectors utilize large quantities of stainless steel scrap. To begin with, construction and infrastructure stainless steel from scrap is used for rebars, beams, and cladding owing to the strength and corrosion-resistant properties. Stainless steel is used in automotive and transportation for structural and exhaust components to reduce vehicle weight and improve recyclability, with special emphasis on electric vehicle manufacturers. In industrial machinery, stainless steel scrap is turned back into shafts, valves, and fabrication components, whereas consumer goods form the market for recycled stainless steel in cutlery, kitchenware, and appliances. Such a vast pool of demand assures stable market growth even if raw material prices are volatile. Report Scope Feature of the Report Details Market Size in 2025 USD 38.50 Billion Projected Market Size in 2034 USD 70.84 Billion Market Size in 2024 USD 35.98 Billion CAGR Growth Rate 7.01% CAGR Base Year 2024 Forecast Period 2025-2034 Key Segment By Scrap Type, End-Use Industry and Region Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America Buying Options Request tailored purchasing options to fulfil your requirements for research. (A free sample of the Stainless Steel Scrap report is available upon request; please contact us for more information.) Our Free Sample Report Consists of the following: The updated report for 2024 includes an Introduction, an Overview, and an in-depth industry analysis. We have included the COVID-19 Pandemic Outbreak Impact Analysis in the package. About 220+ Pages Research Report (Including Recent Research) Provide detailed chapter-by-chapter guidance on the Request. Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025 Includes Tables and figures have been updated. The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology (Please note that the sample of the Stainless Steel Scrap report has been modified to include the COVID-19 impact study prior to delivery.) Request a Customized Copy of the Stainless Steel Scrap Market Report @ SWOT Analysis Strengths: The stainless steel scrapping industry derives its advantage from the inherent recyclability and long service life of stainless steel. Stainless scrap plays a significant role in EAF steelmaking as a low-carbon, energy-efficient, and economical alternative to raw materials such as nickel and chromium. Its abundance offers maximum benefit for reducing greenhouse gas emissions, thereby meeting acceptance under circular economy definitions and being further compelled by stringent environmental legislation worldwide. Stainless steel applications are in construction, automotive, consumer goods, and industrial equipment-all sectors that would require these stages in varying forms. Additionally, because stainless steel maintains its properties across various recycling processes, it creates significant intrinsic value for its scrap, supporting sustainable production from waste materials without compromising quality. Weaknesses: From the standpoint of operation, the market suffers from threats from operational and structural limitations. In most parts of the world, the collection of scrap is fragmented, with inconsistency in grading, poor sorting, and even wider variability in quality of which would seriously endanger its usability down-line. Another issue faced by the market is the volatility in prices, which comes from fluctuations in the price of alloying elements and in the changing global trade dynamics. Furthermore, the absence of formal structures and policies for recycling limits the states from establishing an efficient scrap recovery and resale framework in developing countries. Moreover, contamination of scrap (whether by non-stainless material or some other metal) tends to require energy-intensive processing to wash it back for high-grade applications, which spells erosion of margins and compromise in the recyclers' capability to effectively compete. Opportunities: As industries across the globe become increasingly low-carbon in their manufacturing thrust, stainless steel scrap will emerge as a chief pillar of sustainable metallurgy. With governments offering incentives to promote steel recycling policies (such as the EU Green Deal and Scrap Recycling Policy in India), the demand for green-certified products and the usage of scrap are all expected to grow beyond bounds. Scrap traceability and quality control have undoubtedly benefited from the advent of digital scrap exchanges, AI-driven alloy recognition, and superior sorting tech. Beyond that, underexplored markets comprising Africa, Southeast Asia, and parts of Latin America remain vested with gargantuan opportunities through infrastructural development and regional collection networks. Integrating OEMs and large construction companies in circular supply chains can then further guarantee long-term demand for pure-grade stainless scrap. Threats: The Potential threats may include regulatory changes, trade restrictions, and geopolitical instability. Export duties (for example, China's 40 percent tariff on stainless scrap) and the lack of harmonization of international laws related to waste and metal recycling disrupt global supply chains. Apart from this, alternative technologies for primary steelmaking developments could offer long-term opportunities for recycling inputs as soon as hydrogen-based steel gets implemented. Inferior-grade carbon steel or blended alloys may also pressure the demand for high-volume stainless scrap from price-sensitive markets. And on top of this, environmental compliance will be getting more complex, raising the recyclers' expenses in certification, documentation, and environmental audits, mostly hitting the small players in informal or semicriminal markets. Request a Customized Copy of the Stainless Steel Scrap Market Report @ Key questions answered in this report: What is the size of the Stainless Steel Scrap market and what is its expected growth rate? What are the primary driving factors that push the Stainless Steel Scrap market forward? What are the Stainless Steel Scrap Industry's top companies? What are the different categories that the Stainless Steel Scrap Market caters to? What will be the fastest-growing segment or region? In the value chain, what role do essential players play? What is the procedure for getting a free copy of the Stainless Steel Scrap market sample report and company profiles? Key Offerings: Market Share, Size & Forecast by Revenue | 2025−2034 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions Competitive Landscape – Top Key Vendors and Other Prominent Vendors Buy this Premium Stainless Steel Scrap Research Report | Fast Delivery Available - [220+ Pages] @ Regional Perspective The Stainless Steel Scrap market is divided across different regions such as North America, Europe, Asia-Pacific, and LAMEA. This is a cursory overview of each region: North America: It is a mature and structured market for stainless steel scrap in North America, with very well-established recycling institutions that produce industrial scrap and integrate its recycling into EAF-based stainless steel making. The United States and Canada generate huge volumes of post-industrial and post-consumer scrap through the dismantling of autos, recycling of appliances, and demolition of buildings. And in response to ESG mandates and green building demand, the leading stainless producers, such as North American Stainless and Outokumpu USA, are embracing high-recycled content steel. The producers enjoy the benefits of advanced sorting technologies and real-time pricing platforms. However, recent tariff hikes on steel and scrap imports and logistical bottlenecks in the domestic arena have complicated cross-border trade with Mexico and Canada. Tight labor markets and cost pressures are causing further turmoil for smaller recyclers. However, the effort in North America to use low-emission metals and promote recycling is leading to ongoing investments in technology for scrap processing, recovery of specific alloys, and local certification programs for scrap. Europe: Europe represents one of the most advanced and sustainability-driven stainless steel scrap markets globally. Countries like Germany, Italy, France, and the Netherlands have strong scrap collection systems and well-developed downstream processing infrastructure. EAF-based stainless steel production in Europe heavily relies on stainless steel scrap, often exceeding 80% recycled content in new alloys. Stringent EU regulations such as the Waste Framework Directive, REACH, and the Carbon Border Adjustment Mechanism (CBAM) are promoting scrap use as a decarbonization tool. The region is, however, burdened with structural drawbacks such as high energy costs and more stringent export rules for scrap, along with the fragmented mechanisms for pricing scrap. The aftermath of Brexit and the regional disparity in recycling-related infrastructure pose a logistical challenge. However, Europe continues to set the standard for stainless scrap utilization with sustainability in focus. Asia-Pacific: Once the world's largest scrap importer, China now maintains the strictest export tariff regime, imposing a 40% tariff on stainless steel scrap to ensure supply within its territory. Its scrap industry is undergoing a transition toward controlled, high-efficiency recycling, in line with green steel concepts being embedded in national development plans. India, under the enormous influence of the informal sector, has now entered the process of formalizing stainless steel scrap collection under various government schemes, such as the Steel Scrap Recycling Policy. Regional players, such as Japan and South Korea, continue to excel in high-technology recycling operations and downstream application developments, particularly in the automotive and electronics sectors. Despite a vibrant growth scenario, significant challenges remain concerning the grades of scrap materials, informal handling practices, safety issues, and the limited capacity for alloy segregation in developing economies. Investing in technology to track scrap materials and identify different alloys, along with programs that promote responsible material use guided by policies, is helping to gradually make the system more efficient and positioning the Asia Pacific as an important area for growth. LAMEA (Latin America, Middle East, and Africa): These include Brazil, Argentina, and Mexico, which have established their scrap markets supported by the appliance, automotive, and civil infrastructure sectors. Brazil, in particular, has evolved and maintained localized scrap flows to supply domestic stainless producers. Policies about landfilling dependency reduction and recycling promotion have put investment into stainless scrap sorting, grading, and baling. In the Middle East, stainless steel scrap markets are still very young but are on an upward growth trajectory with waste flows emanating from construction, energy infrastructure, and desalination plants. The UAE and Saudi Arabia have somewhat included scrap recycling under their Vision 2030 schemes, but the volumes are still small. Some regional scrap is exported to Asia or Europe, lacking local processing capacity. Africa is still in its infancy, primarily sourcing stainless scrap from informal recycling, ship-breaking yards, or light manufacturing. South Africa is the one with infrastructure and metal recovery systems, while the uptake on the continent is hindered by regulatory inconsistencies, poor logistics, and low capital investment for material sorting technologies. However, with the increasing awareness around these issues, the support from a range of international development bodies, and reforms of industrial zones in Kenya, Nigeria, and Egypt, pilot programs for scrap recovery are coming into view with long-term prospects. Request a Customized Copy of the Stainless Steel Scrap Market Report @ We have customized your report to address your specific research requirements. Inquire with our sales team about customizing your report.) Still, Looking for More Information? Do you want data for inclusion in magazines, case studies, research papers, or media? Email Directly Here with Detail Information: support@ Browse the full 'Stainless Steel Scrap Market Size, Trends and Insights By Scrap Type (Austenitic 300 series, Ferritic 400 series, Martensitic, Others), By End-Use Industry (Construction & Infrastructure, Automotive & Transportation, Machinery & Industrial Equipment, Consumer Goods, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034' Report at of the prominent players in the Stainless Steel Scrap Market: Aperam S.A. Outokumpu Oyj Acerinox S.A. Scholz Recycling GmbH ELG Haniel Group (part of TSR Recycling Group) Metal & Recycling Company (MRC) NSSC (Nippon Steel Stainless Steel Corporation) Taiyuan Iron and Steel (Group) Co. Ltd. (TISCO) Jindal Stainless Limited Stena Metall Group Kuusakoski Recycling SIMS Metal Management Chiho Environmental Group Yieh United Steel Corp. (Yusco) Baosteel Stainless Steel Co. Ltd. Others Click Here to Access a Free Sample Report of the Global Stainless Steel Scrap Market @ Spectacular Deals Comprehensive coverage Maximum number of market tables and figures The subscription-based option is offered. Best price guarantee Free 35% or 60 hours of customization. Free post-sale service assistance. 25% discount on your next purchase. Service guarantees are available. Personalized market brief by author. 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Which Trends Are Causing These Developments? Who Are the Global Key Players in This Stainless Steel Scrap Market? What are the company profiles, product information, and contact details for these key players? What Was the Global Market Status of the Stainless Steel Scrap Market? What Was the Capacity, Production Value, Cost and PROFIT of the Stainless Steel Scrap Market? What Is the Current Market Status of the Stainless Steel Scrap Industry? What's the market's competition in this industry, both company-wise and country-wise? What's the market analysis of the stainless steel scrap market, considering applications and types? What Are Projections of the Global Stainless Steel Scrap Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is Stainless Steel Scrap Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is the Economic Impact On Stainless Steel Scrap Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are Market Dynamics of Stainless Steel Scrap Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Stainless Steel Scrap Industry? Click Here to Access a Free Sample Report of the Global Stainless Steel Scrap Market @ Reasons to Purchase Stainless Steel Scrap Market Report Stainless Steel Scrap Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors. Stainless Steel Scrap Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. Stainless Steel Scrap Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. Extensive company profiles comprise a company overview, company insights, product benchmarking, and SWOT analysis for the major market players. The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions. Stainless Steel Scrap Market The report encompasses a comprehensive market analysis from multiple viewpoints, utilizing Porter's five forces analysis, and offers valuable insights into the market through the Value Chain. Reasons for the Research Report The study provides a thorough overview of the global Stainless Steel Scrap market. Compare your performance to that of the market as a whole. Aim to maintain competitiveness while innovations from established leaders drive market growth. Buy this Premium Stainless Steel Scrap Research Report | Fast Delivery Available - [220+ Pages] @ What does the report include? Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Stainless Steel Scrap market analysis. The report covers the competitive environment of current and potential participants in the Stainless Steel Scrap market, along with those companies' strategic product development ambitions. According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report provides comparable data for the key regions. The report provides actual market sizes and forecasts for each segment mentioned above. Who should buy this report? Participants and stakeholders worldwide Stainless Steel Scrap market should find this report useful. The research will be useful to all market participants in the Stainless Steel Scrap industry. Managers in the Stainless Steel Scrap sector are interested in publishing up-to-date and projected data about the worldwide Stainless Steel Scrap market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Stainless Steel Scrap products' market trends. Analysts, researchers, educators, strategy managers, and government organizations seek market insights to develop their plans. Request a Customized Copy of the Stainless Steel Scrap Market Report @ About Custom Market Insights: Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains. CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey. 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