Global Payment Gateway Market Size, Key Regions: USA and Canada, South America, Europe, Middle-East

1
Global Payment Gateway Market

• Drivers, Restraints, Potential Growth
  Opportunities, Vendor Competitive Landscape,
  Trends and Forecast 2018-2025

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2
Global Payment Gateway Market Size, Share,
Industry Trends 2018-2025

• Increasing popularity of ecommerce platforms
  owing to the convenience and comfort they provide
  for shopping and other need based transactions
  has tremendously increased and expanded the
  global payment gateway market. This market
  accounted for USD xx B in 2017 and is anticipated
  to grow to USD xx B by 2025 at a steady CAGR of
  xx. Along with ecommerce, rapid growth
  m-commerce is also responsible for the expansion
  of payment gateway market size. On one hand where
  ecommerce and m-commerce provide easy ways to
  operate daily activities, on the other they also
  carry some security risks. Consumer credibility
  is a big issue that is hampering the growth of
  payment gateway market to some extent.
• Ecommerce has not only satisfied its consumers
  but, it has also opened up new avenues and growth
  opportunities for small businesses and
  enterprises. Social networking platforms where
  now one can freely sell services and products are
  no longer dependent on multiple complicated
  payment gateway options. Big companies who
  massively contribute to the payment gateway
  market share have addressed such issues faced my
  small business owners. PayPal, recently launched
  its one-touch localized payment option globally.
  This payment gateway option will allow sellers to
  receive payments from customers with just
  standardized payment option supported by PayPal.
  This initiative has encouraged enterprises across
  to globe to manage their businesses in an
  efficient manner. This will also give payment
  gateway vendors an opportunity to increase the
  payment gateway industry overall revenue.
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/payment-gateway-market

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Global Payment Gateway Market Size, Share,
Industry Trends 2018-2025

• More and more companies nowadays are reframing
  their business and revenue strategies due to
  increased use of digitalization. Not only the
  industrial but government sector is also adopting
  online payment and transaction options for
  different activities. Online comparison of
  products across different websites, 24/7
  availability, and ease of access along with
  better communication technologies are major
  factors that has driven the use of E-commerce
  platforms eventually increasing the payment
  gateway market size. Introduction of mobile
  wallets which provide customers a convenient way
  to make in-store payments has emerged as another
  driver for payment gateway market. New payment
  methods like Bitcoin, which gained immense
  popularity in the year 2017, does not require any
  payment gateway system for financial
  transactions. Thus, Bitcoin or any other similar
  crypto currency which uses block-chain technology
  could act as a major restraint for the growth of
  payment gateway market in the future. But,
  emergence of open source payment gateway systems
  also poses a threat to the global payment gateway
  market share. It is up to the vendors to offer
  best features and differentiate their product
  from the competitors to stay ahead and win the
  confidence of their customers.
• As far as m-commerce and s-commerce is concerned,
  growing number of smartphones and internet
  penetration due to emergence of 4G LTE and 5G
  technologies in emerging markets serve a huge
  potential for payment gateway companies to tap in
  and provide mobile wallet services. Growing
  popularity of wearable devices and smartphones
  has led to the innovation of such payment
  systems. For instance, payment gateways such as
  Apple pay, Samsung pay and Android pay have made
  it possible for customers to pay without entering
  the PIN. This is known as contactless payment,
  which makes use of near field communication (NFC)
  technology or point of sale (POS) to facilitate
  digital payment. Numerous threats that have
  hunted upon traditional payment system have led
  to the development of new payment gateway
  architectures such as Cloud-based PoS systems and
  secure elements systems.

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Global Payment Gateway Market Size, Share,
Industry Trends 2018-2025

• In terms of interaction mode, the payment
  gateways can be segmented as
• API-hosted payment gateway
• Self-hosted payment gateway
• Direct payment gateway
• Local bank integration
• Platform-based payment gateway
• Hosted payment gateway
• In terms end-user, the payment gateway market can
  be segmented as
• Small size enterprises
• Medium-size enterprises
• Large enterprises
• In terms of geography, the payment gateway market
  can be segmented as
• USA and Canada
• South America
• Europe
• Middle-East
• Asia

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Global Payment Gateway Market Size, Share,
Industry Trends 2018-2025

• The growing global payment gateway market has
  sparked a fierce competition among the vendors
  who are constantly under the pressure to provide
  an innovative and low-cost solution to the
  customers. The following companies are some of
  major players in payment gateway market
• PayPal
• Square
• Amazon pay
• Authorize.net
• Klarna
• The other prominent vendors are Braintree,
  CCBill, Google Checkout, Vanco payment solutions,
  Alipay, HiperCard, Worldpay, Sage pay, LawPay,
  MercadoPago, GiroPay, ClickBank Payment Link,
  Epoch, PaySafecard, SiteLink Merchant Services,
  eWAY, Apple pay, 2Checkout etc.
• Purchase a single user copy of the global payment
  gateway market report_at_ https//www.adroitmarketres
  earch.com/researchreport/purchase/46

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