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ePayment Gateway Market is Booming Worldwide | PayPal Holdings, Amazon.com, Alipay.com
ePayment Gateway Market
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Payment Gateway is a medium or payment mechanism which enables online payments’ service that, when integrated with the e-commerce platform, is devised as the channel to make and receive payments. The payment of gateway enables payment transactions by transferring payment based information between a portal and the front end processor which may be acquiring bank. The payment gateway portal may be a website, mobile phone application such as interactive voice response service. The payment gateway is essential technology, which through ease of secured payment is driving the success of e-commerce market, as well as other businesses. Retail segment as well as healthcare and hospitality segment is expected to benefit most out of payment gateway. Asia Pacific is a dominating market in the field of payment gateway because of large scale adoption of payment gateway technology in India, China as well as other South Asian and East Asian Countries. Growing number of smartphone users in the region has had large impact on the growth of the payment gateway. Asia Pacific currently leads both in the number of transactions and the volume of transactions.
In 2021, PayU, a leading fintech company providing payment technology to online merchants and backed by Nasper has announced acquisition of Indian payment gateway company BillDesk. The acquisition deal is expected to be around USD 3 to 4 billion. The acquisition of BillDesk will enable PayU to offer entire end to end payment ecosystem services.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in ePayment Gateway Market various segments and emerging territory.
Influencing Market Trend
• Edge Computing Based Payment Gateways are rising in Popularity
• Retail Segment is expected to Account for Largest Market Share
Market Drivers
• Increasing Penetration of Internet
• Growing Number of Smart Phone Users
• Recent Pandemic has accelerated the Adoption of Digital Payment Gateways
Opportunities:
• Mobile Based Payment Gateway Market is expected to Grow Exponentially with Expansion of Internet Services and Emergence of Budget Smart Phones
Challenges:
• Lack of Required IT and Telecom Infrastructure in Certain Regions
Analysis by Type (Hosted, Non-Hosted), End Use (BFSI, Retail, Media and Entertainment, Hospitality, Others), Organisation Size (SMEs, Large Organisations)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [PayPal Holdings Inc. (United States) , Amazon.com Inc. (United States) , Alipay.com Co Ltd. (China) , Paytm Mobile Solutions Pvt. Ltd. (India) , Google Llc (United States) , Stripe Inc. (United States) , PayU (Netherlands), Adyen NV (Netherlands), Skrill Ltd. (United Kingdom) , Payoneer Inc. (United States) ,]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players
Have Any Questions Regarding Global ePayment Gateway Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/100554-global-epayment-gateway-market#utm_source=OpenPR/Rahul
The regional analysis of Global ePayment Gateway Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.
In 2021, EVO Payments, Inc., a United States based leading payment technology and services provider has announced acquisition of Anderson Zaks Limited, which is United Kingdom based omnichannel payment gateway. Anderson Zaks has a platform integrated with leading software vendors and supports most of the POS terminal devices. The acquisition is expected to widen the tech based payment capabilities of EVO payment as well as expand their presence in European ISV business arena.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/100554-global-epayment-gateway-market#utm_source=OpenPR/Rahul
Highlights of the Report
• The future prospects of the global ePayment Gateway market during the forecast period 2023-2028 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global ePayment Gateway market.
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Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
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New Jersey USA - 08837
Phone: +1(201) 7937323, +1(201) 7937193
sales@advancemarketanalytics.com
About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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