Global Payment Gateways Market Size by Transaction Value is expected to reach USD 12 Trillion by the year 2024: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Shifting from legacy systems used by banks to real-time payments, many governments around the world are introducing national payment gateways and open banking systems. Mobile banking is expected to rise with the banks expected to provide access to third-party developers through APIs. Banks, Big Technology and E-commerce companies have made investments into payments technology by launching mobile payments applications to improve payments for customers and merchants. Major marketing strategies adopted by these payment gateway companies is to partner with major merchants and e-commerce sellers to increase transaction value and volume through their gateway and providing incentives such as discounts and cash-backs for using a specific payment method. Growth in E-commerce: The growth in the Transaction value and volume for payment gateway operators will be driven by growth in internet and mobile phone penetration across global regions. Payment through cards and online will be driven by a rise in e-commerce as more customers would make payments seamlessly with fewer steps. Emerging economies are leading the adoption of e-commerce and it digital payment methods. Seamless payments in brick and mortar stores are also driving innovation in POS and in-store payment methods. Apple, Google, and Amazon have introduced real-time payment systems across regions that comply with regional regulations to improve payments through their websites and e-commerce sites. To learn more about this report Download a Free Sample Report Open Banking Regulations: The majority of the banking system is based on older systems that do not support real-time payments. Hence making payments, which has always included the banking system, lacked innovation. The threat of security theft and frauds has inhibited the banks and various governments to lag in introducing innovation in payments. Currently, many governments have introduced Open Banking regulations that enable banks to innovate through third-party developers. With the help of these third-party developers, the bank’s role in payments will be to only execute settlement and clearance notifications to the payment systems operated by card networks. The Middle East and Africa Region has high cash in circulation as a percentage of GDP and relies mostly on cash for payments, both for sellers and buyers. UAE banks have started on the road to digital adoption. With the mergers of major banks in recent years, a reduction in the number of ATMs in the future is a trend towards the adoption of digital banking services. Analysts at Ken Research in their latest publication “Global Payment Gateway Market Outlook to 2024” believe growth in e-commerce, demand by customers to have seamless payment options online and in-store, increase in mobile phone and internet penetration driving adoption of mobile phone payments, entry of third party developers to provide value-added services, regulations in Fintech, various governments’ need to increase banked population are some of the factors that will drive the market to register an 11% CAGR growth in transaction value and volume for the period 2019-2024. For More Information on the market research report, please refer to the link below:- https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/global-payment-gateway-market-outlook/263650-93.html Key Segments Covered:- By Region APAC North America Europe Middle East and Africa Latin America By End-User Industry Retail Transportation Government Banking and Financial Telecommunications Others (Media and Entertainment) Key Target Audience Existing Payment Gateways Investors and Venture Capital Firms Third-Party Developers Banking and Financial Services Companies Government Entities Merchant Acquirers Card Issuers E-Commerce Sellers and Websites Time Period Captured in the Report:- Historical Period: 2014 -2018 Forecast Period: 2019-202 Companies Covered: First Data Paypal Worldpay Adyen Square Alipay GMO Pay PayU Ingenico Authorize.net Key Topics Covered in the Report:- Executive Summary Research Methodology Global Payment Gateway Market Value Chain Analysis Global Payment Gateway Market Overview Global Payment Gateway Ecosystem Global Payment Gateway Market Trends Global Payment Gateway Market Challenges Global Payment Gateway Future Projections Global Payment Gateway Market Segmentation by Region Global Payment Gateway Market Segmentation by End-User Industry Competition Analysis of Global Payment Gateway Companies Global Payment Gateway Regulations Related Reports by Ken Research:- https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/russia-payment-services-market/258601-93.html https://www.kenresearch.ae/banking-financial-services-and-insurance/financial-services/saudi-arabia-cards-and-payments-market/257746-93.html https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/india-payment-services-market-research-forecast-2023-/154993-93.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Adyen Payment Gateway Market Forecast, AI in Payment Gateway Market, Alipay Payment Gateway Market Revenue Analysis, APAC Payment Gateway Market Growth Size, Asia Pacific Regional Card Payment Market, Authorize.Net Payment Market Share, Brazil Payment Gateway Market Future, Canada Payment Gateway Market Growth, China Payment Gateway Market Revenue, Europe Payment Gateway Market Growth, First Data Payment Gateway Market Share Globally, Global Cross Border Payments Market Growth, Global Digital Payment Market, Global Online Payment Gateway Market, Global Payment Aggregator Market Players, Global Payment Gateway Industry, Global Payment Gateway Industry Research Report, Global Payment Gateway Market, Global Payment Gateway Market Analysis, Global Payment Gateway Market End Users Demand, Global Payment Gateway Market Forecast, Global Payment Gateway Market Growth Rate, Global Payment Gateway Market Major Players, Global Payment Gateway Market Outlook, Global Payment Gateway Market Research Report, Global Payment Gateway Market Revenue, Global Payment Gateway Market Segmentation, Global Payment Gateway Market Share, Global Payment Gateway Market Size, Global Payment Gateway Market Transaction Value, Global Payment Gateway Market transaction value in USD Billion, Global Payment Gateway Market Transaction Volume, Global payment Gateway Processing Fees, Global Payment Gateway Services Market, Global PayU Payment Gateway Market Size, Global Retail Payment Market Analysis, GMO Payment Gateway Market Share Report, India Payment Gateway Business Model, India Payment Gateway Market Share, India UPI Payments Market Analysis, Indonesia National Payment Gateway Market, Japan Payment Gateway Market, Latin America Payment Gateway Market Share, Market For Global Payment Gateway Providers, Middle East and Africa payment Market, North America Payment Gateway Market, Number of Cards in Circulation in Millions Globally, Payment Gateway Telecommunications Market, Paypal Share in Payment Gateway, Saudi Arabia Payment Gateway Market, Square Payment Gateway Market Growth Rate, Top Global Payment Gateway Companies, UAE Payment Gateway Market Share, US Payment Gateway Market Analysis, Worldpay Payment Gateway Market Analysis