USA Payment Gateways Market Share, Size, Growth and Report Forecast 2022-2027
Payment gateways refer to web-based applications that act as an interface between various e-commerce websites and banks and facilitate payment transactions. They use the HTTP protocol to encrypt sensitive information like credit card numbers and bank account details to secure the transmission of credentials from the payer to the payee. Payment gateways offer the facility to shop at any hour of the day without the inconvenience of waiting in long queues and provides a user-friendly interface.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
United States Payment Gateways Market Trends:
The US payment gateways market is primarily propelled by the expanding e-commerce sector along with the increasing disposable income levels of the consumers. Moreover, payment gateways assist organizations, like brick-and-mortar stores and online retail platforms, to collect money without compromising sensitive data. Besides this, the rising adoption of the Internet of Things (IoT), artificial intelligence (AI), cloud computing and near field communications (NFC) has simplified the bill payment process by minimizing the requirement for physical cards. Furthermore, various leading companies in the United States are expanding their consumer base by providing various cashback schemes, discounts, rebates etc., to expand their customer base, which will continue to further drive the market for payment gateways in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States payment gateways market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on application and mode of interaction.
The report has segmented the market on the basis of Mode of Interaction, Application and Region.
Breakup by Application:
Micro and Small Enterprises
Breakup by Mode of Interaction:
Hosted Payment Gateways
Pro/Self-Hosted Payment Gateways
API/Non-Hosted Payment Gateways
Local Bank Integrates
Direct Payment Gateways
Platform-Based Payment Gateways
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
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Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
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