Global Payment Gateways Market | Share, Size, Price Trends And Forecast Research Report 2017-2022

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Global Payment Gateways Market Stimulated by
Expanding E-Commerce Industry
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Report Description and Highlights
Report Description
Global Payment Gateways Market Stimulated by
Expanding E-Commerce Industry The global
payment gateways market has witnessed a positive
growth over the past several years. This can be
accredited to the growing trend of online
payments, increasing use of mobile wallets, and
revenue strategies encouraging digitization. Acco
rding to IMARC Groups latest report,
titled Payment Gateways Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2017-2022, the global payment gateways
market reached a value of about US 10 Billion in
2016. A payment gateway is an e-commerce service
that facilitates a payment transaction by
transferring information between a payment portal
and the front-end processor or acquiring bank.
Payment gateways mitigate the possibility of
frauds as they utilize various tools to screen
orders such as delivery address verification, AVS
checks, computer finger printing technology,
velocity pattern analysis, identity morphing
detection, and geolocation. Nowadays, numerous
vendors are adopting payment gateways since they
are faster than manual processing and enable the
customers to make purchases at any hour of the
day without the inconvenience of waiting in long
queues. Request Sample of the Report
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description

• Highlights of the global payment gateways market
• Increasing use of mobile wallets and growing
  e-commerce industry remain the key growth
  inducing factors.
• Large enterprises represent the biggest
  application segment.
• North America is the leading market, holding the
  largest share globally.
• The global payment gateways market is driven by
  the growing importance of customer satisfaction
  and service on account of rising competition in
  the market. This has prompted the vendors to come
  up with strategies and innovative services, such
  as flexibility in ordering products and enabling
  different payment options using payment gateways.
  Moreover, companies are restructuring their
  businesses and revenue strategies by moving
  towards a digital approach. Sectors such as
  telecommunications, banking, financial services,
  healthcare, and retail are widely adopting
  payment gateway solutions, thereby providing a
  thrust to the market. Additionally, the market is
  driven by collaborations between different banks
  and retail vendors to provide attractive cashback
  offers to attract new customers and retain the
  existing ones. Apart from this, the emergence of
  mobile wallets has further boosted the market
  growth. Owing to the aforementioned forces, the
  market is expected to grow at a CAGR of around 9
  during 2017-2022, reaching a value of around US
  18 Billion by 2022.
• Read full report _at_ http//www.imarcgroup.com/payme
  nt-gateways-market

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Report Description and Highlights
Report Description

• The market has been segmented on the basis of
  applications into large enterprises, micro and
  small enterprises, and mid-sized enterprises.
  Currently, large enterprises account for the
  majority of the total share. On a regional-basis,
  the report covers North America, Europe, Asia
  Pacific, Middle East and Africa, and Latin
  America. Amongst these, North America represents
  the largest market, holding the largest share
  globally. On analyzing the competitive landscape,
  it is found that Worldpay Group, Wirecard, Adyen,
  Allied Wallet and PayPal are the key players
  operative in the market.
•  
• The report by IMARC Group has examined the global
  payment gateways market on the basis of
• Applications
• Large Enterprises
• Micro and Small Enterprises
• Mid-sized Enterprises
• Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa

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Report Description and Highlights
Report Description

• Latin America
• Key Players
• Worldpay Group
• Wirecard
• Adyen
• Allied Wallet
• PayPal
• Browse more related reports http//www.imarcgroup
  .com/categories/technology-market-reports

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Report Description and Highlights
Report Description

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