Global Payment Gateways Market is Propelled to grow at a CAGR of 16.60% during 2017-2021 owing to Rising Online Transaction

Albany, NY, March 31, 2017: Payment gateways enable transactions in offline, real-time, and hybrid (a combination of offline and real-time modes) modes. They accept different payment methods such as e-commerce transactions, contactless card transactions, and mobile-based near field communication (NFC) transactions.

The global payment gateways market to grow at a CAGR of 16.60% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global payment gateways market for 2017-2021. To calculate the market size, the report considers the revenue generated from subscription-based payment gateway services and transaction-based payment gateway services to calculate the market size.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Payment Gateways Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Amazon Payments
- CCBill
- PayPal
- Stripe

Other prominent vendors
PayDollar, MercadoPago, Authorize.Net, eWAY AU, NAB Transact, e-Path, Merchant Warrior, SecurePay, ePay.bg, Moip, PagSeguro, Beanstream, Moneris, Stripe, Alipay, Tenpay, 99Bill, PagosOnline, PayWay, ePay.dk, DIBS, PayPoint, Ogone, Worldline by Atos, Ogone, Worldpay, SOFORT, NETBANX, Barclaycard ePDQ, PayU, CCAvenue, Realex, GestPay, Epsilon, Paygent, iPay88, MOLPay, CashU, eWay NZ, iDEAL, Klarna, PesoPay, Przelewy24, PayU.pl, PayU.ro, WebMoney, ROBOKASSA, QIWI, PayFast, MyGate, VCS, WebCash, ServiRed, Certitrade, Payson, Sage Pay, Cardstream, GoCardless, SecureTrading, and eWay.co.uk.

Market driver
- High adoption of contactless payment solutions.
- For a full, detailed list, view our report

Market challenge
- Threat from open-source payment gateways.
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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