A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. The payment gateway may be provided by a bank to its customers, but can be provided by a specialized financial service provider as a separate service, such as a payment service provider.
Payment gateway market is expected to grow US$ 86.9 billion by 2025 from US$ 30.6 billion in 2016. Hosted payment gateway is expected to continue its dominance. Currently, more than 50% of the payment gateway deployments are hosted. Hosted payment gateways are the most convenient and economic gateways, that are not only highly secure but customizable and user-friendly. Lesser investments and easy integration with the systems have made the adoption of hosted payment gateways more attractive among the organizations.
Download Sample Copy @ https://www.bigmarketresearch.com/request-sample/3206765?utm_source=ANIL-HTN
Top Market Players: PayPal Holdings, Inc., Amazon Payments, Inc., Secure Trading Limited, Cardstream Limited, CCBill, LLC, BitPay, Inc., GoCardless Ltd., Stripe Inc., Due Inc. Merchant Warrior, Authorize.Net and WePay Inc. among others.
Key trend which will predominantly affect the market in coming year is development of payment gateways by the merchants themselves for management of large volume transactions. Consumers across the globe are evolving with the adoption of new tools to enhance their overall shopping experience. This creates a significant opportunity for the merchants to integrate \’Business to Consumer\’ B2C sales channel and to leverage sales data generated to understand consumer behavior. Keeping these goals in mind, major e-commerce players are developing their own payment gateway solutions combined with eWallet services. This trend is particularly identified among merchants handling large volume transaction. However, only a handful of companies are capable of developing their own payment gateway network due to high development & maintenance cost and other value-added services.
Payment gateway market by type is segmented into hosted payment gateway, non-hosted payment gateway, direct payment gateway and platform based payment gateway. Payment gateway solutions have accomplished several crucial tasks in online purchasing & transaction management. Rather than transmitting payments (this is the role of dedicated payment processors), payment gateway solutions authorize the funds being transferred to the seller and do so in a secure and convenient manner for the buyer. Almost all the types are increasingly demanding payment gateway capabilities that improve the payment convenience while limiting security risks.
The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interviews wer conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the payment gateway industry.
Avail Discount on Report @ https://www.bigmarketresearch.com/request-for-discount/3206765?utm_source=ANIL-HTN
Table of Contents
Chapter 1: Introduction
Chapter 2: Global Payment Gateway Market – Key Takeaways
Chapter 3: Global Payment Gateway Market – Market Landscape
Chapter 4: Global Payment Gateway Market – Key Market Dynamics
Chapter 5: Payment Gateway Market – Global Analysis
Chapter 6: Payment Gateway Market – Global Regulatory Scenario
Chapter 7: Global Payment Gateway Market Analysis– By Type
Chapter 8: Global Payment Gateway Market Analysis– By Application
Chapter 9: Global Payment Gateway Market Analysis– By End User
Chapter 10: North America Payment Gateway Market Revenue and Forecasts To 2025
Chapter 11: Europe Payment Gateway Market Revenue and Forecasts To 2025
Chapter 12: Asia-Pacific Payment Gateway Market Revenue and Forecasts To 2025
Chapter 13: Middle East & Africa Payment Gateway Market Revenue and Forecasts To 2025
Chapter 14: South and Central America Payment Gateway Market Revenue and Forecasts To 2025
Chapter 15: Payment Gateway Market –Industry Landscape
Chapter 16: Payment Gateway Market – Key Company Profiles
Chapter 17: Appendix
Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.
We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.
Mr. Abhishek Paliwal
5933 NE Win Sivers Drive, #205, Portland,
OR 97220 United States
Toll Free: +1-800-910-6452
E-mail: [email protected]