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Online Payment Gateway market size is projected to reach US$ 6403.3 million by 2027, from US$ 2436.7 million in 2020, at a CAGR of 14.8% Valuates reports
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This report studies the Online Payment Gateway market, Online payment gateways are the merchant service which assists in carrying out a smooth transaction at the time of online shopping. The transaction is carried out by processing credit card, debit cards and direct payment process for various online business such as e- retailers, online websites. The payment gateways services can be provided by any financial service provider of by any commercialized bank.
Online payment gateway enables transfer of information between front end processor, for instance, bank and payment portal such as website and mobile apps. The payment gateways ensure proper transaction with considering all aspect to facilitate the safe and secure transaction.
China is the largest market for online payment gateways, accounting for about 30%, followed by Europe and the United States, each accounting for about 20%.
Alipay, PayPal and Worldpay are the leading manufacturers, together accounting for about 50% of the market.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Online Payment Gateway market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Online Payment Gateway market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Online Payment Gateway market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Online Payment Gateway market.
Online Payment Gateway Market Segmentation
By Type
Pro/Self-Hosted Payment Gateways
Local Bank Integrates
Platform Based Payment Gateway Solution
Other
By Application
Micro and Small Enterprise
Large Enterprise
Mid- Sized Enterprise
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