Payment Gateway Market Growth and Forecast to 2026

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Payment Gateway Market Growth, Trends, Forecasts
(2020 - 2026)
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Payment Gateway Market Overview
Payment Gateway market is expected to grow from
USD 15.95 billion in 2019 to USD 67.13 billion by
2026 at a CAGR of 22.79 from 2020 to 2026. The
payment gateway acts as an intermediary between
the e-commerce site and bank. Online payment
encrypts sensitive information and is employed
for the authentication of the web transaction. It
is also used for preventing fraudulent activities
by providing card verification value (CVV) and
address verification system (AVS). The mixing of
payment gateway has become one of the foremost
critical aspects of any business in every
industry. It allows collecting money through the
customer's preferred bank without compromising on
sensitive data. Moreover, the recognition of the
digital payment modes like credit/debit cards,
net banking, mobile wallets, and an increasing
number of consumers using smartphones for online
transactions is further driving the expansion of
the worldwide market. Furthermore, a
collaboration of e-commerce sites with various
payment gateways is offering cashback so as to
retain their old customer and attract new
customers. The hurdle free transactions generate
confidence among the users for switching to
online transactions. This rapid adoption of the
web method of payment is fueling the market
growth. View Complete Report _at_
https//marketreportslibrary.com/report/ic0167/pay
ment-gateway-market
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Payment Gateway Market Key Players
The report scope includes a detailed competitive
outlook covering market shares and profiles key
participants in the global market share. Major
industry players with significant revenue share
include PayPal Holdings, Stripe, Inc., Adyen
N.V., Inc., Amazon Pay, Square, Inc, Secure
Trading Limited, Cardstream Limited, CCBill, LLC,
BitPay, Inc., GoCardless Ltd., and others.  
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Table Of Content

• Introduction
• Research Methodology
• Executive Summary
• Market Dynamics
• Payment Gateway Market, By Type
• Payment Gateway Market, By Enterprise Type
• Payment Gateway Market, By Vertical
• Payment Gateway Market, By Region
• Company Profiles
• Appendix
•  

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