The global payment gateway market is anticipated to grow at a considerable CAGR of 15.7% during the forecast period (2024-2031). Several companies, especially MSMEs across the globe are rapidly adopting payment gateways for their regular transactions as these gateways provide secure internet transactions and prevent credit or debit card scams and other fraudulent activities. Reliable payment gateways encrypt sensitive information, including bank account details and debit or credit numbers to ensure that the customer's information is transferred securely from the issuing bank to the end recipient. Moreover, they eliminate the need for consumers to deal with the hassles of shopping from physical stores and waiting in long queues. Consumers can efficiently complete the entire transaction online, enjoying a seamless shopping experience. Such factors are expected to drive the payment gateway market during the forecast period.

Get Free Sample link @ https://www.omrglobal.com/request-sample/payment-gateway-market

The market players are contributing significantly to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, PayU had acquired a controlling stake in the digital credit platform, PaySense in January 2020. With this acquisition, PayU’s consumer-lending businesses, LazyPay and PaySense, will merge their business operations to build a full-stack digital lending platform in India.

Full report of Payment Gateway Market available @ https://www.omrglobal.com/industry-reports/payment-gateway-market

Market Coverage

Segment Covered- 

o             By Mode of Interaction

o             By End User

Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

Competitive Landscape- including Amazon Payments Inc., Paytm Mobile Solutions Pvt. Ltd., PayPal Holdings Inc., PayU Group, Stripe Inc., Ingenico Group, Skrill Ltd., and others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?

o             Deviation from the pre-COVID-19 forecast

o             Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Payment Gateway Market Report Segment

By Mode of Interaction

Hosted
Non-hosted
Local Bank Integrates
Direct
Platform-based

By End User

Pharmaceutical
Food & Beverage
Agrochemical
Cosmetics & Personal Care
Chemical
Others

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.




For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/payment-gateway-market





Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.