Payment Gateways Market Analysis, Outlook and Professional Survey Report 2016

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Global Payment Gateways Market Share, Size, Trends,
Growth, Analysis, Outlook and Overview Research Report
Technavio Announces the Publication of its Research Report – Global Payment Gateways Market 20162020
Technavio recognizes the following companies as the key players in the Global Payment Gateways
Market: Amazon Payments, CCBill, PayPal, and Stripe.
Other Prominent Vendors in the market are: AsiaPay/PayDollar, MercadoPago, eWAY AU, NAB Transact,
e Path, Merchant Warrior, SecurePay, Moip, PagSeguro, ePay.bg, Beanstream, Moneris, Stripe, Alipay,
Tenpay, 99bill, Pagosonline, PayWay, ePay.dk, DIBS, PayPoint, Ogone, Worldline by Atos, SOFORT,
NETBANX, Barclaycard ePDQ, Wirecard, Ogone, Worldpay, PayU, CCAvenue, Realex, GestPay, Remise,
Epsilon, Paygent, iPay88, MOLPay, CashU, eWay NZ, iDEAL, Klarna, PesoPay, Przelewy24, PayU.pl,
PayU.ro, WebMoney, ROBOKASSA, QIWI, Yandex, PayFast, MyGate, VCS, WebCash, ServiRed, Certitrade,
Payson, Sage Pay, Cardstream, GoCardless, SecureTrading, eWay.co.uk, BitCoin, and SmsCoin.
Commenting on the report, an analyst from Technavio’ s team said: “The emergence of mobile wallets is
a trend to watch for, as it is expected to drive market growth quite significantly. More customers are
using e commerce sites to shop online using tablets or smartphones. This trend will continue as mobile
devices are becoming more user friendly and accessible.
”
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According to the report, a key growth driver is the shift towards digital commerce. Some companies
have begun restructuring their business and revenue strategies by moving from the traditional approach
to the digital approach. Traditionally, commerce was restricted to showcase essential product details
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and simple merchandising. However, it has evolved and diversified. It involves services such as deploying
interactive hubs for consumer marketing to handling associated services.
Further, the report states that one challenge that could adversely impact market growth is the threat
from open source payment gateways.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors in the report global enterprise
application payment gateways market
About Payment Gateways
Payment gateways enable credit card payments for e-businesses, online retailers, bricks and clicks, and
traditional brick-and-mortar businesses. They help in the exchange of information between a payment
portal —website, mobile phone, or Interactive voice response service —and the bank, which processes
credit card transactions. They work securely to transfer sensitive credit card information from an online
payment form to the payment processor. Payment gateways can be integrated with any payment device
(usually an e-commerce shopping cart such as Shopify or Magento). Payment gateways enable
transactions in offline, real-time, and hybrid modes and accept different payment methods such as ecommerce transactions, contactless card transactions, and mobile-based NFC transactions.
Technavio’ s analysts forecast the global payment gateways market to grow at a CAGR of 13.79% during
the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global payment gateways
market for 2016-2020. The report considers the total revenue generated from software licenses and
subscriptions as well as software integration and maintenance costs to calculate the market size.
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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Payment Gateways Market 2016-2020, has been prepared based on an indepth 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.
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Key vendors
• Amazon Payments
• CCBill
• PayPal
• Stripe
Other prominent vendors
• AsiaPay/PayDollar
• MercadoPago
• eWAY AU
• NAB Transact
• e-Path
• Merchant Warrior
• SecurePay
• Moip
• PagSeguro
• ePay.bg
• Beanstream
• Moneris
• Stripe
• Alipay
• Tenpay
• 99bill
• Pagosonline
• PayWay
• ePay.dk
• DIBS
Market driver
• Shift toward digital commerce
• For a full, detailed list, view our report
Market challenge
• Threat from open-source payment gateways
• For a full, detailed list, view our report
Market trend
• Emergence of mobile wallets
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
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• 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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Technavio Announces the Publication of its Research Report Global Payment Gateways Market 2016-2020 Technavio recognizes the following companies as the key players in the Global Payment Gateways Market: Amazon Payments, CCBill, PayPal, and Stripe.