India Payment Gateway Market 2022 Analysis by Top Manufacturers – PayU, Paytm, Razorpay Software Private Limited, PayPal India Private Limited

The India Payment Gateway Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Indian payment gateway market is expected to register a CAGR of 15% during the forecast period (2021 to 2026).

Get Free Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/02082593271/india-payment-gateway-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=PD                                                        

Top Leading Companies of India Payment Gateway Market are PayU, Paytm, Razorpay Software Private Limited, PayPal India Private Limited, CCAvenue, BillDesk, Instamojo Technologies Private Limited, One MobiKwik Systems Private Limited and others.

Industry News and Updates

April 2020 - Paytm Payments Bank partnered with Mastercard to issue virtual and physical debit cards. The deal will see the Paytm Payments Bank beta customers issued with cards in an initial rollout, followed by its entire user base in short order.

- February 2020 - Whatsapp is planning to launch its payment gateway Whatsapp Pay in India in a phased manner as the company has got a nod from the National Payments Corporation of India for the same. The rollout will allow the messaging app to grow its payment services using the government's UPI scheme.

Key Market Trends

Favourable Government Initiatives and Regulatory Standards to Boost the Market Growth

- The RBI's March 2020 guidelines on Payment Aggregators (PAs) and Payment Gateways (PGs) are crucial to drive the growth of payment gateways in India. The new guidelines besides protecting customer funds (as per the RBI's 2009 Directions for Electronic Payment Transactions involving Intermediaries), also express recognition of PAs as authorized entities and grant flexibility and control with operations and funds management.

- Under the new norms of RBI, for the escrow account, neither loans nor earning interest is permissible. The PA's operations will constitute designated payment systems. Interest can be earned over a core portion, computed on the basis of the average daily outstanding balance and transferred to a separate account, thus creating a new avenue of income for the PA.

Regional Outlook of India Payment Gateway Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082593271/india-payment-gateway-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=PD                                                                

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The India Payment Gateway Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com).

Contact US:
Irfan Tamboli (Head of Sales) : Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.