Demand for Online Payment Gateway Set for a Massive Hit in and Post 2020, with Corona Virus Outbreak Projected to Threaten Global Market
Government organizations across the globe are promoting digital transactions that are leading to the development of card acceptance infrastructure such as payment gateways, and, in turn, growing debit and credit card usage for shopping. Branches and ATM growth rates declined from 2012-2014 in countries such as India, Taiwan, China, Indonesia, Thailand, Malaysia, Philippines, and Hong Kong due to increasing usage of cards and net banking. However, security related concerns may obstruct the climb of the market in several regions. In online payment consumers and enterprises need to share their card and banking details to online payment gateway companies to process their transactions. While sharing these credentials, there are some security related issues being witnessed – for instance, the mass cyber theft that occurred in the central bank of Bangladesh. This may restrict the usage of online payment gateways.
Government organizations across the globe are promoting digital transactions that are leading to the development of card acceptance infrastructure such as payment gateways, and, in turn, growing debit and credit card usage for shopping. Branches and ATM growth rates declined from 2012-2014 in countries such as India, Taiwan, China, Indonesia, Thailand, Malaysia, Philippines, and Hong Kong due to increasing usage of cards and net banking. However, security related concerns may obstruct the climb of the market in several regions. In online payment consumers and enterprises need to share their card and banking details to online payment gateway companies to process their transactions. While sharing these credentials, there are some security related issues being witnessed – for instance, the mass cyber theft that occurred in the central bank of Bangladesh. This may restrict the usage of online payment gateways.
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Online Payment Gateway Market
April 2020
Report Id : REP-GB-4331
Published On : March 27, 2018
Category : Electronics, Semiconductors, and
ICT
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Online Payment Gateway Market Analysis
Online Payment Gateway Market Value Will Exhibit a Nominal Uptick in 2020 as Corona
Virus Outbreak Prevails as a Global Pandemic, Says FMI in a Revised Report
Latest report on global Online Payment Gateway Market by FMI
Analysts at Future Market Insights find that the global Online Payment Gateway Market has
been evolving at a CAGR of xx% during the historic period 2013-2017. The market study
suggests that the global market size of Online Payment Gateway is projected to reach ~US$
xx Mn/Bn by the end of 2028 with a CAGR of xx% over the stipulated timeframe 2018-2028.
The COVID-19 pandemic has been posing measurable impact on the global economy and, in
turn, on the Online Payment Gateway Market. Quarantines, traveling constraints, and social
distancing measures on a broad-scale drive a steep decline in business and consumer
spending until the end of Q2. This research work intends to offer market players with a
viewpoint on the changing scenario and implications for the market players.
For more insights into the Market, request a sample of this report@ https://
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The Online Payment Gateway Market research demonstrates the current and future market
share of each region along with the important countries in respective region. Key regions
include:
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Online Payment Gateway Market Analysis
• APEJ
• North America
• Western Europe
• Eastern Europe
• Latin America
• Japan
• MEA
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Segmentation Analysis on the basis of:
Application
• Large Enterprises
• Small and Medium Enterprises
Mode of Interaction
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Online Payment Gateway Market Analysis
• Hosted Payment Gateway
• Pro / Self-hosted Payment Gateway
• API / Non-hosted Payment Gateway
• Local Bank Integration
• Direct Payment Gateway
• Platform-based Payment Gateway
For information on the research approach used in the report, request methodology @
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Market Players
• Amazon.com Inc.
• Stripe
• CCBill
• AsiaPay Limited (PayDollar)
• Avangate Inc.
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Online Payment Gateway Market Analysis
• Dwolla, Inc.
• Alipay.Com Co. Ltd
• Instamojo Technologies Pvt Ltd.
Explore Future Market Insights’ detailed coverage on, COVID-19 IMPACT ASSESSMENT
TRACKER
What does the Online Payment Gateway Market research holds for the readers?
• One by one company profile of key vendors.
• Influence of modern technologies, such as big data & analytics, artificial intelligence, and
social media platforms on the global Online Payment Gateway Market.
• Evaluation of supply-demand ratio in every end use industry.
• Regional analysis on the basis of market share, growth outlook, and key countries.
• Positive and negative aspects associated with the consumption of Online Payment Gateway.
The Online Payment Gateway Market research clears away the following queries:
1. What is the present and future outlook of the global Online Payment Gateway Market on
the basis of region?
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Online Payment Gateway Market Analysis
2. What tactics are the Online Payment Gateway Market vendors implementing to give tough
competition to their business counterparts?
3. What are the macro- and microeconomic factors affecting the global Online Payment
Gateway Market?
4. Which end use segment is spectated to lead by the end of 2028?
5. Why region has the highest consumption of Online Payment Gateway?
COVID -19 : Impact Analysis @ https://www.futuremarketinsights.com/covid19/rep-gb-4331
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