Press release
Payment Gateway Market 2018 - 2023: Rise in the Number of E-Commerce Startups and Shifting Trend Towards Digital Payments Driving the Future
Payment Gateway Market
The Payment Gateways market research report displays the latest industry insights with future trends and analysis of the products and services, enabling you to deeply penetrate the market with high profitability. It also makes you aware of the leading competitors influencing the market along with the key factors to help you sustain your products or services with better forecast of demand and growth opportunities.
Payment gateways fulfill a vital role in the ecommerce transaction process, authorizing the payment between merchant and customer. It is similar to a POS terminal found in many retail establishments. Payment gateways encrypt and store sensitive data, including credit card numbers, ACH account numbers, AVV and CVV2 information, ensuring that confidential information is safe while processing payments. These gateways are also responsible for transferring payment information to the customer’s acquiring bank. Payment gateways reduce a business’ liability and ensure that payments are processed securely.
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Scope of the Report:
A payment gateway is a system connecting the merchant and the bank to facilitate online transactions. The term particularly refers to the server that transfers the customer's credit card information to the Internet Merchant Account for assessment.
China is the largest countries of Payment Gateways in the world in the past few years and it will keep increasing in the next few years. China market took up about 26.93% the global market in 2016, while USA and Europe were about 18.86%, 23.50%.
USA, Germany, UK, France, Canada, etc. are now the key developers of Payment Gateways. There are a few vendors to develop Payment Gateways in China, such as Alipay and Tenpay.
Top manufacturers/players:
PayPal, Stripe, Amazon Payments, Authorize.net, WorldPay, Adyen, CCBill, 2Checkout, First Data, SecurePay, PayU, MOLPay, Paymill, GMO, Alipay, Tenpay, Ping++...
Market by Product Type:
Online Mode, Offline Mode...
Market by Application:
Retail, Catering Industry, Medicine and Cosmetics...
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The Payment Gateways research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs.
Browse detail report with in-depth TOC @ https://www.marketresearchnest.com/Global-Payment-Gateways-Market-by-Manufacturers-Countries-Type-and-Application-Forecast-to-2023.html
Some of the key Points in this report:
• Marketing strategy analysis and development trends.
• Payment Gateways Market effect factor analysis.
• Emerging niche segments and regional Payment Gateways markets.
• A complete framework analysis, including an assessment of the parent market.
• An empirical assessment of the trajectory of the Payment Gateways market.
• Major changes in Payment Gateways market dynamics.
• Historical, present, and prospective size of the market from the perspective of both value and volume.
• Report provides distinctive graphics and exemplified SWOT analysis of major Payment Gateways market segments.
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