Global Payment Gateways Market Share, Size, Growth, Trends And Forecast (2018-2023) - PowerPoint PPT Presentation

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Global Payment Gateways Market Share, Size, Growth, Trends And Forecast (2018-2023)

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Get more information about the market: According to IMARC Group’s latest report, titled “Payment Gateways Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global payment gateways market reached a value of US$ 10 Billion in 2017. Request a sample report: Browse more reports on Technology & Media Industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: Global Payment Gateways Market Share, Size, Growth, Trends And Forecast (2018-2023)


1
Global Payment Gateways Market Boosted by
Expanding E-Commerce
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
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Report Description and Highlights
Report Description
Global Payment Gateways Market Boosted by
Expanding E-Commerce Over the recent years, the
global payment gateways market has been growing
at a moderate rate. Some of the factors which are
giving boost to the market include easy access of
the internet, expanding e-commerce sector and
introduction of mobile wallets. A payment
gateway refers to a service provider which acts
as an intermediary between e-commerce websites
and bank by facilitating payment transactions.
Security plays an integral part in the payment
gateways owing to the sensitive data of credit
card that needs to be protected from the
fraudulent entities. The order submission gets
completed by using the HTTPS protocol which helps
in securing the personal information. Some of the
benefits of using payment gateways include
user-friendly interface, expense and loss
management, and time efficiency. A new research
report titled Payment Gateways Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023 by IMARC Group estimates
that the global payment gateways market was worth
US 10 Billion in 2017. The report further
anticipates the market to cross US 16 Billion by
2023, at a projected CAGR of around 9 over the
forecast period.
4
Report Description and Highlights
Report Description
  • Global Payment Gateways Market Drivers/Constraints
  • One of the vital factors influencing the market
    demand for payment gateways includes easy access
    of internet and a rise in the number of people
    adopting online retailing as well as contactless
    payment methods such as mobile wallets.
  • Currently, banks are collaborating with retail
    vendors in order to provide cashback schemes for
    expanding the consumer-base and retaining the
    existing consumers.
  • Introduction of mobile payment gateways like
    Amazon Pay, Apple Pay, Samsung Pay, Android Pay,
    etc. have made the process of bill payments
    convenient. Further, various companies are
    expanding their businesses by adapting the
    digital approach, thereby spurring the growth
    prospects of payment gateways in the upcoming
    years.
  • However, there are various factors which act as a
    hindrance to the growth of the market. Payment
    gateways have a limit regarding the number of
    transactions that can take place in a day. In
    addition, there is a high risk of being hacked
    that may lead to information leak.
  • Read more here https//www.imarcgroup.com/paym
    ent-gateways-market

5
Report Description and Highlights
Report Description
Application Insights On the basis of
application, the payment gateways market is
segregated as large enterprise, micro and small
enterprises, and mid-sized enterprises. Amongst
these, large enterprises account for the majority
of the total share. Mode of Interaction
Insights Based on mode of interaction, the
market is segmented as hosted payment gateways,
pro/self-hosted payment gateways, API/non-hosted
payment gateways, local bank integrates, direct
payment gateways and platform-based payment
gateways. Currently, pro/self-hosted gateways
exhibit a clear dominance in the total market
share. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
881flagB
6
Report Description and Highlights
  • Regional Insights
  • On a geographical front, North America enjoys a
    leading position in the global payment gateways
    market, accounting for the largest share. North
    America is followed by Europe, Asia Pacific,
    Middle East and Africa, and Latin America.  
  • Competitive Landscape
  • The market is highly competitive in nature with
    the presence of numerous manufacturers who
    compete in terms of prices, features and quality.
    They are constantly coming up with additional
    features, thereby enhancing customer experience.
    Some of the leading players operating in the
    market are
  • Worldpay Group
  • Wirecard
  • Adyen
  • Allied Wallet
  • PayPal
  • Browse more related reports 
  • Indian Advertising Market https//www.imarcgroup.
    com/advertising-industry-india
  • Home Automation System Market https//www.imarcgr
    oup.com/home-automation-system-market

7
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
8

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