Global Payment Gateways market is expected to reach 8539500 million US$ by the end of 2025
In 2017, the global Payment Gateways market size was 2569100 million US$ and it is expected to reach 8539500 million US$ by the end of 2025, with a CAGR of 16.2
In 2017, the global Payment Gateways market size was 2569100 million US$ and it is expected to reach 8539500 million US$ by the end of 2025, with a CAGR of 16.2
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QYResearch<br />
• A payment gateway <strong>is</strong> a system connecting <strong>the</strong> merchant and <strong>the</strong><br />
bank <strong>to</strong> facilitate online transactions. The term particularly<br />
refers <strong>to</strong> <strong>the</strong> server that transfers <strong>the</strong> cus<strong>to</strong>mer’s credit card<br />
information <strong>to</strong> <strong>the</strong> Internet Merchant Account for assessment.<br />
• <strong>Payment</strong> <strong>Gateways</strong> have wide range <strong>of</strong> applications, such as Retail,<br />
Food & Beverages, Medicine & Cosmetics, etc. And Retail was <strong>the</strong><br />
most widely used area which <strong>to</strong>ok up about 40.93% <strong>of</strong> <strong>the</strong> global<br />
<strong>to</strong>tal in 2016.<br />
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