openPR Logo
Press release

Payment Gateway Market 2020-2025 | Top Key Players- PayPal, Square, Amazon pay, Authorize.net, Klarna, Braintree, CCBill, Google Checkout, Vanco payment solutions, Alipay, HiperCard, Worldpay, Sage pay, LawPay, MercadoPago, GiroPay, ClickBank Payment Link

02-03-2020 01:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Adroit Market Research

Payment Gateway Market - Adroit Market Research

Payment Gateway Market - Adroit Market Research

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.

Request a sample of this report @ https://www.adroitmarketresearch.com/contacts/request-sample/46

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.

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. 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.

Get Discount on this Report: https://www.adroitmarketresearch.com/contacts/discount/46

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.

Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/payment-gateway-market

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
South Africa
Other

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.

Place a purchase order of this report @ https://www.adroitmarketresearch.com/researchreport/purchase/46

Ryan Johnson
Adroit Market Research
3131 McKinney Ave Ste 600,
Dallas, Texas - 75204, U.S.A
Phone No: +19723628199
Email: sales@adroitmarketresearch.com

About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Payment Gateway Market 2020-2025 | Top Key Players- PayPal, Square, Amazon pay, Authorize.net, Klarna, Braintree, CCBill, Google Checkout, Vanco payment solutions, Alipay, HiperCard, Worldpay, Sage pay, LawPay, MercadoPago, GiroPay, ClickBank Payment Link here

News-ID: 1916916 • Views:

More Releases from Adroit Market Research

Electronic Health Records Market Estimated Size Valuation will be USD 47.62 Billion Growing at a CAGR of 6.01% from 2024 to 2032 | Adroit Market Research
Electronic Health Records Market Estimated Size Valuation will be USD 47.62 Bill …
The global Electronic Health Records market reached a value of US$ 30.65 Billion in 2023 and is expected to reach US$ 47.62 Billion by 2032, exhibiting a CAGR of 6.01% during the prediction period of 2023 to 2032. Executive Synopsis: The last few years have seen a notable increase in the global Electronic Health Records market because of technological breakthroughs, rising demand from a variety of industries, and continuous R&D initiatives to
Organic Food Market Size to Reach USD 525.65 Billion at a CAGR of 12.09% by 2032 - Growth Opportunities, Strategic Initiatives, Trends & Innovation | Adroit Market Research
Organic Food Market Size to Reach USD 525.65 Billion at a CAGR of 12.09% by 2032 …
The global Organic Food market reached a value of US$ 170.05 Billion in 2023 and is expected to reach US$ 525.65 Billion by 2032, exhibiting a CAGR of 12.09% during the prediction period of 2023 to 2032. The global Organic Food market report uses methods and major market analysis To give a thorough picture of the market, the global Organic Food market report uses a range of analytical techniques and frameworks. Market
Quantum Computing Market Size to Grow Worth USD 888.5 Million at a CAGR of 33.10% by 2032 - Top Players, Trends, Growth Prospects & Forecast | Adroit Market Research
Quantum Computing Market Size to Grow Worth USD 888.5 Million at a CAGR of 33.10 …
The global Quantum Computing market reached a value of US$ 888.5 Million in 2023 and is expected to reach US$ 12,622.9 Million by 2032, exhibiting a CAGR of 33.10% during the prediction period of 2023 to 2032. What is said in the market report for global Quantum Computing A thorough examination of the market's structure, trends, obstacles, and opportunities is included in the global Quantum Computing market study. A thorough analysis of
Software as a Service Market Size to grow USD 1,230.81 Billion by 2032 | CAGR of 19.5% - Trends, Technical Advancement & Future Prospect - Adroit Market Research
Software as a Service Market Size to grow USD 1,230.81 Billion by 2032 | CAGR of …
The global Software as a Service market reached a value of US$ 275.53 Billion in 2023 and is expected to reach US$ 1,230.81 Billion by 2032, exhibiting a CAGR of 19.5% during the prediction period of 2023 to 2032. Extensive Assessment of COVID-19's Impact on the Worldwide Software as a Service Industry The COVID-19 pandemic had a substantial effect on the global Software as a Service market, altering market dynamics through supply

All 5 Releases


More Releases for Payment

Evolving Market Trends In The Bitcoin Payment Ecosystem Industry: NFC-Enabled Cr …
The Bitcoin Payment Ecosystem Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Expected Bitcoin Payment Ecosystem Market Size During the Forecast Period? The market size of the Bitcoin payment ecosystem has seen swift acceleration in the past few years. Its growth is projected
Payment Security Market : Increased Adoption of Digital Payment Modes Leading pl …
According to a recent report published by Allied Market Research, titled, "Payment Security Market by Component, Platform, Enterprise Size and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global payment security market size was valued at $17.64 billion in 2020, and is projected to reach $60.56 billion by 2030, growing at a CAGR of 13.2% from 2021 to 2030. Download Free PDF Report Sample : https://www.alliedmarketresearch.com/request-sample/10390 Payment security software is used
Hosted Payment Gateway Segment dominates Payment Gateway Market - TechSci Resear …
Government initiatives towards digitization and surging popularity of digital payment to drive global payment gateway market through 2024 According to TechSci Research report, “Global Payment Gateway Market By Type, By Enterprise Size, By End-User, By Region, Competition, Forecast & Opportunities, 2024”, global payment gateway market is projected to grow at a CAGR of over 8% during 2019-2024, on account of increasing internet penetration, which is aiding growing demand for online transactions.
Digital Payment Market by Component (Solutions (Payment Processing, Payment Gate …
Magarpatta SEZ, Pune, “ReportsnReports”, one of the world’s prominent market research firms has released a new report on Global Digital Payment Market. The report contains crucial insights on the market which will support the clients to make the right business decisions. This research will help both existing and new aspirants for Digital Payment Market to figure out and study market needs, market size, and competition. The report talks about the
Digital Payment Market by Payment Gateway Solutions, Payment Wallet Solutions, P …
Digital Payment Market 2019-2025: In 2018, the global Digital Payment market size was xx million US$ and it is projected to surpass xx million US$ by the end of 2025, growing at a CAGR of 18.1% during 2019-2025. Things Covered in Sample Report > Deep Dive Strategy & Competition > Deep Dive Data & Forecasting > Executive Summary & Core Findings Get a Quick Sample report at https://decisionmarketreports.com/request-sample?productID=1008739 The key players covered in
Online Payment Gateway Market Analysis By 2028 | Amazon.com, Avenues India Pvt. …
Future Market Insights (FMI) has recently published a new research report on the online payment gateway market titled “Online Payment Gateway Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028).” The report states that the growing prevalence of third party payment processes is expected to have a positive impact on the growth of the global market. Websites have always been a good source for channel merchants for generating revenue. Concentrating