Published On : June 2022 Pages : 190 Category: Communication Services Report Code : IC06881
Industry Outlook and Trend Analysis
The Online Payment Gateway Market has encountered significant development in the recent years and is foreseen to develop tremendously over the forecast period. An online payment gateway is a merchant service provided by a web based application service that approves credit card or direct payments processing for e-businesses, bricks and clicks, online retailers, or conventional brick and mortar. The payment gateway might be provided by a bank to its clients, however can be given by a specific financial service provider as a different administration, for example, a payment service organization. A payment gateway encourages a payment transaction by the exchange of data between a payment gateway, for example, a site, interactive voice response service or mobile phone and the front end processor or acquiring bank.
Market Driving Factors
The main factor that is driving the online payment gateway market is the vast extension of the small enterprises in the developing countries to give the clients online services. The expanding popularity of the M-commerce is additionally another factor that is boosting the growth of the online payment gateway market. Lucrative online offers, full-time accessibility, time-saving comparison of the goods which is easy and simple access are a portion of the principle reasons that have expanded the rate of internet shopping, with a specific end goal to make simple purchasing and selling, a payment gateway is fundamental, this reality will trigger the development of the market in the coming years.
Market Segmentation
The Online Payment Gateway Market is segmented on the basis of application and mode of interaction. Based on application the market is segmented into Small & Medium Enterprises and Large Enterprises. Based on mode of interaction the market is segmented into Pro / Self-hosted Payment Gateway, Local Bank Integration, Platform-based Payment Gateway, Hosted Payment Gateway, API / Non-hosted Payment Gateway and Direct Payment Gateway.
Regional Outlook and Trend Analysis
The most elevated share of the overall industry in the online payment gateway market is held by North America. The high reliance on the electronic payments for any web based shopping is the key factor that is driving the market in North America. Furthermore, online payment gateways offer transactions that are secure and safe, which is likewise fuelling the market development. In Asia Pacific area, the developing nations, for example, China and India will witness a fast market development, attributable to the way that the nearby sellers are progressively making use of the online business platforms and the expansion in the web membership is altogether expanding the online purchasing, thereby adding to the market development in the coming years.
Competitive Insights
The major players in the market are Instamojo, Alipay, CCBill, Dwolla, Stripe, Avangate Inc and AsiaPay. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Online Payment Gateway Market is segmented as follows-
By Application:
By Mode of Interaction:
By Region
Some of the key questions answered by the report are:
Market Classification
· Online Payment Gateway Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
· Large Enterprises
· Small and Medium Enterprises
· Online Payment Gateway Market, By Mode of Interaction, Estimates and Forecast, 2014-2023 ($Million)
· Hosted Payment Gateway
· Pro / Self-hosted Payment Gateway
· API / Non-hosted Payment Gateway
· Local Bank Integration
· Direct Payment Gateway
· Platform-based Payment Gateway
· Online Payment Gateway Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America Online Payment Gateway Market, By Country
o U.S. Online Payment Gateway Market
o Canada Online Payment Gateway Market
o Mexico Online Payment Gateway Market
· Europe
§ Europe Online Payment Gateway Market, By Country
o Germany Online Payment Gateway Market
o UK Online Payment Gateway Market
o France Online Payment Gateway Market
o Russia Online Payment Gateway Market
o Italy Online Payment Gateway Market
o Rest of Europe Online Payment Gateway Market
· Asia-Pacific
§ Asia-Pacific Online Payment Gateway Market, By Country
o China Online Payment Gateway Market
o Japan Online Payment Gateway Market
o South Korea Online Payment Gateway Market
o India Online Payment Gateway Market
o Southeast Asia Online Payment Gateway Market
o Rest of Asia-Pacific Online Payment Gateway Market
· South America
§ South America Online Payment Gateway Market
o Brazil Online Payment Gateway Market
o Argentina Online Payment Gateway Market
o Columbia Online Payment Gateway Market
o South Africa Online Payment Gateway Market
o Rest of South America Online Payment Gateway Market
· Middle East and Africa
§ Middle East and Africa Online Payment Gateway Market
o Saudi Arabia Online Payment Gateway Market
o UAE Online Payment Gateway Market
o Egypt Online Payment Gateway Market
o Nigeria Online Payment Gateway Market
o South Africa Online Payment Gateway Market
o Rest of MEA Online Payment Gateway Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Online Payment Gateway Market, By Application
5.1. Introduction
5.2. Global Online Payment Gateway Sales, Revenue and Market Share by Application (2017-2027)
5.2.1. Global Online Payment Gateway Sales and Sales Share by Application (2017-2027)
5.2.2. Global Online Payment Gateway Revenue and Revenue Share by Application (2017-2027)
5.3. Large Enterprises
5.3.1. Global Large Enterprises Sales and Growth Rate (2017-2027)
5.4. Small and Medium Enterprises
5.4.1. Global Small and Medium Enterprises Sales and Growth Rate (2017-2027)
6. Online Payment Gateway Market, By Mode of Interaction
6.1. Introduction
6.2. Global Online Payment Gateway Sales, Revenue and Market Share by Mode of Interaction (2017-2027)
6.2.1. Global Online Payment Gateway Sales and Sales Share by Mode of Interaction (2017-2027)
6.2.2. Global Online Payment Gateway Revenue and Revenue Share by Mode of Interaction (2017-2027)
6.3. Hosted Payment Gateway
6.3.1. Global Hosted Payment Gateway Sales and Growth Rate (2017-2027)
6.4. Pro / Self-hosted Payment Gateway
6.4.1. Global Pro / Self-hosted Payment Gateway Sales and Growth Rate (2017-2027)
6.5. API / Non-hosted Payment Gateway
6.5.1. Global API / Non-hosted Payment Gateway Sales and Growth Rate (2017-2027)
6.6. Local Bank Integration
6.6.1. Global Local Bank Integration Sales and Growth Rate (2017-2027)
6.7. Direct Payment Gateway
6.7.1. Global Direct Payment Gateway Sales and Growth Rate (2017-2027)
6.8. Platform-based Payment Gateway
6.8.1. Global Platform-based Payment Gateway Sales and Growth Rate (2017-2027)
7. Online Payment Gateway Market, By Region
7.1. Introduction
7.2. Global Online Payment Gateway Sales, Revenue and Market Share by Regions
7.2.1. Global Online Payment Gateway Sales by Regions (2017-2027)
7.2.2. Global Online Payment Gateway Revenue by Regions (2017-2027)
7.3. North America Online Payment Gateway by Countries
7.3.1. North America Online Payment Gateway Sales and Growth Rate (2017-2027)
7.3.2. North America Online Payment Gateway Revenue and Growth Rate (2017-2027)
7.3.3. North America Online Payment Gateway Sales by Countries (2017-2027)
7.3.4. North America Online Payment Gateway Revenue (Million USD) by Countries (2017-2027)
7.3.5. U.S.
7.3.5.1. United States Online Payment Gateway Sales and Growth Rate (2017-2027)
7.3.5.2. United States Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.6. Canada
7.3.6.1. Canada Online Payment Gateway Sales and Growth Rate (2017-2027)
7.3.6.2. Canada Online Payment Gateway Sales (Millions USD) and Growth Rate (2017-2027)
7.3.7. Mexico
7.3.7.1. Mexico Online Payment Gateway Sales and Growth Rate (2017-2027)
7.3.7.2. Mexico Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.4. Europe Online Payment Gateway by Countries
7.4.1. Europe Online Payment Gateway Sales and Growth Rate (2017-2027)
7.4.2. Europe Online Payment Gateway Revenue and Growth Rate (2017-2027)
7.4.3. Europe Online Payment Gateway Sales by Countries (2017-2027)
7.4.4. Europe Online Payment Gateway Revenue (Million USD) by Countries (2017-2027)
7.4.5. Germany
7.4.5.1. Germany Online Payment Gateway Sales and Growth Rate (2017-2027)
7.4.5.2. Germany Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.6. UK
7.4.6.1. UK Online Payment Gateway Sales and Growth Rate (2017-2027)
7.4.6.2. UK Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.7. France
7.4.7.1. France Online Payment Gateway Sales and Growth Rate (2017-2027)
7.4.7.2. France Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.8. Russia
7.4.8.1. Russia Online Payment Gateway Sales and Growth Rate (2017-2027)
7.4.8.2. Russia Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.9. Italy
7.4.9.1. Italy Online Payment Gateway Sales and Growth Rate (2017-2027)
7.4.9.2. Italy Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.10. Rest of Europe
7.4.10.1. Rest of Europe Online Payment Gateway Sales and Growth Rate (2017-2027)
7.4.10.2. Rest of Europe Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.5. Asia-Pacific
7.5.1. Asia-Pacific Online Payment Gateway Sales and Growth Rate (2017-2027)
7.5.2. Asia-Pacific Online Payment Gateway Revenue and Growth Rate (2017-2027)
7.5.3. Asia-Pacific Online Payment Gateway Sales by Countries (2017-2027)
7.5.4. Asia-Pacific Online Payment Gateway Revenue (Million USD) by Countries (2017-2027)
7.5.5. China
7.5.5.1. China Online Payment Gateway Sales and Growth Rate (2017-2027)
7.5.5.2. China Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6. Japan
7.5.6.1. Japan Online Payment Gateway Sales and Growth Rate (2017-2027)
7.5.6.2. Japan Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6.3.
7.5.7. Korea
7.5.7.1. Korea Online Payment Gateway Sales and Growth Rate (2017-2027)
7.5.7.2. Korea Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.8. India
7.5.8.1. India Online Payment Gateway Sales and Growth Rate (2017-2027)
7.5.8.2. India Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.9. Southeast Asia
7.5.9.1. Southeast Asia Online Payment Gateway Sales and Growth Rate (2017-2027)
7.5.9.2. Southeast Asia Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Rest of Asia-Pacific Online Payment Gateway Sales and Growth Rate (2017-2027)
7.5.10.2. Rest of Asia-Pacific Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.6. South America
7.6.1. South America Online Payment Gateway Sales and Growth Rate (2017-2027)
7.6.2. South America Online Payment Gateway Revenue and Growth Rate (2017-2027)
7.6.3. South America Online Payment Gateway Sales by Countries (2017-2027)
7.6.4. South America Online Payment Gateway Revenue (Million USD) by Countries (2017-2027)
7.6.5. Brazil
7.6.5.1. Brazil Online Payment Gateway Sales and Growth Rate (2017-2027)
7.6.5.2. Brazil Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.6. Argentina
7.6.6.1. Argentina Online Payment Gateway Sales and Growth Rate (2017-2027)
7.6.6.2. Argentina Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.7. Columbia
7.6.7.1. Columbia Online Payment Gateway Sales and Growth Rate (2017-2027)
7.6.7.2. Columbia Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.8. Rest of South America
7.6.8.1. Rest of South America Online Payment Gateway Sales and Growth Rate (2017-2027)
7.6.8.2. Rest of South America Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.7. Middle East and Africa
7.7.1. Middle East and Africa Online Payment Gateway Sales and Growth Rate (2017-2027)
7.7.2. Middle East and Africa Online Payment Gateway Revenue and Growth Rate (2017-2027)
7.7.3. Middle East and Africa Online Payment Gateway Sales by Countries (2017-2027)
7.7.4. Middle East and Africa Online Payment Gateway Revenue (Million USD) by Countries (2017-2027)
7.7.5. Saudi Arabia
7.7.5.1. Saudi Arabia Online Payment Gateway Sales and Growth Rate (2017-2027)
7.7.5.2. Saudi Arabia Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.6. United Arab Emirates
7.7.6.1. United Arab Emirates Online Payment Gateway Sales and Growth Rate (2017-2027)
7.7.6.2. United Arab Emirates Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.7. Egypt
7.7.7.1. Egypt Online Payment Gateway Sales and Growth Rate (2017-2027)
7.7.7.2. Egypt Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.8. Nigeria
7.7.8.1. Nigeria Online Payment Gateway Sales and Growth Rate (2017-2027)
7.7.8.2. Nigeria Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.9. South Africa
7.7.9.1. South Africa Online Payment Gateway Sales and Growth Rate (2017-2027)
7.7.9.2. South Africa Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.10. Rest of Middle East and Africa
7.7.10.1. Rest of Middle East and Africa Online Payment Gateway Sales and Growth Rate (2017-2027)
7.7.10.2. Rest of Middle East and Africa Online Payment Gateway Revenue (Millions USD) and Growth Rate (2017-2027)
8. Company Profiles
8.1. PayPal Holdings, Inc.
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Strategic Developments
8.1.4. Sales, Revenue and Market Share
8.2. Amazon.com Inc.
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Strategic Developments
8.2.4. Sales, Revenue and Market Share
8.3. Stripe
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Strategic Developments
8.3.4. Sales, Revenue and Market Share
8.4. CCBill
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Strategic Developments
8.4.4. Sales, Revenue and Market Share
8.5. AsiaPay Limited (PayDollar)
8.5.1. Business Overview
8.5.2. Product Portfolio
8.5.3. Strategic Developments
8.5.4. Sales, Revenue and Market Share
8.6. Avangate Inc.
8.6.1. Business Overview
8.6.2. Product Portfolio
8.6.3. Strategic Developments
8.6.4. Sales, Revenue and Market Share
8.7. Dwolla, Inc.
8.7.1. Business Overview
8.7.2. Product Portfolio
8.7.3. Strategic Developments
8.7.4. Sales, Revenue and Market Share
8.8. Alipay.Com Co. Ltd
8.8.1. Business Overview
8.8.2. Product Portfolio
8.8.3. Strategic Developments
8.8.4. Sales, Revenue and Market Share
8.9. Instamojo Technologies Pvt Ltd.
8.9.1. Business Overview
8.9.2. Product Portfolio
8.9.3. Strategic Developments
8.9.4. Sales, Revenue and Market Share
9. Global Online Payment Gateway Market Competition, by Manufacturer
9.1. Global Online Payment Gateway Sales and Market Share by Manufacturer (2017-2017)
9.2. Global Online Payment Gateway Revenue and Market Share by Manufacturer (2017-2017)
9.3. Global Online Payment Gateway Price by Manufacturer (2017-2017)
9.4. Top 5 Online Payment Gateway Manufacturer Market Share
9.5. Market Competition Trend
10. Online Payment Gateway Market Forecast (2027-2023)
10.1. Global Online Payment Gateway Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
10.2. Online Payment Gateway Market Forecast by Regions (2027-2023)
10.2.1. North America Online Payment Gateway Market Forecast (2027-2023)
10.2.1.1. United States Online Payment Gateway Market Forecast (2027-2023)
10.2.1.2. Canada Online Payment Gateway Market Forecast (2027-2023)
10.2.1.3. Mexico Online Payment Gateway Market Forecast (2027-2023)
10.2.2. Europe Online Payment Gateway Market Forecast (2027-2023)
10.2.2.1. Germany Online Payment Gateway Market Forecast (2027-2023)
10.2.2.2. United Kingdom Online Payment Gateway Market Forecast (2027-2023)
10.2.2.3. France Online Payment Gateway Market Forecast (2027-2023)
10.2.2.4. Russia Online Payment Gateway Market Forecast (2027-2023)
10.2.2.5. Italy Online Payment Gateway Market Forecast (2027-2023)
10.2.2.6. Rest of the Europe Online Payment Gateway Market Forecast (2027-2023)
10.2.3. Asia-Pacific Online Payment Gateway Market Forecast (2027-2023)
10.2.3.1. China Online Payment Gateway Market Forecast (2027-2023)
10.2.3.2. Japan Online Payment Gateway Market Forecast (2027-2023)
10.2.3.3. Korea Online Payment Gateway Market Forecast (2027-2023)
10.2.3.4. India Online Payment Gateway Market Forecast (2027-2023)
10.2.3.5. Southeast Asia Online Payment Gateway Market Forecast (2027-2023)
10.2.3.6. Rest of Asia-Pacific Online Payment Gateway Market Forecast (2027-2023)
10.2.4. South America Online Payment Gateway Market Forecast (2027-2023)
10.2.4.1. Brazil Online Payment Gateway Market Forecast (2027-2023)
10.2.4.2. Argentina Online Payment Gateway Market Forecast (2027-2023)
10.2.4.3. Columbia Online Payment Gateway Market Forecast (2027-2023)
10.2.4.4. Rest of South America Online Payment Gateway Market Forecast (2027-2023)
10.2.5. Middle East and Africa Online Payment Gateway Market Forecast (2027-2023)
10.2.5.1. Saudi Arabia Online Payment Gateway Market Forecast (2027-2023)
10.2.5.2. UAE Online Payment Gateway Market Forecast (2027-2023)
10.2.5.3. Egypt Online Payment Gateway Market Forecast (2027-2023)
10.2.5.4. Nigeria Online Payment Gateway Market Forecast (2027-2023)
10.2.5.5. South Africa Online Payment Gateway Market Forecast (2027-2023)
10.2.5.6. Rest of MEA Online Payment Gateway Market Forecast (2027-2023)
10.3. Online Payment Gateway Market Forecast by Application (2027-2023)
10.3.1. Global Online Payment Gateway Sales Forecast by Application (2027-2023)
10.3.2. Global Online Payment Gateway Sales Market Share Forecast by Application (2027-2023)
10.4. Online Payment Gateway Market Forecast by Mode of Interaction (2027-2023)
10.4.1. Global Online Payment Gateway Sales Forecast by Mode of Interaction (2027-2023)
10.4.2. Global Online Payment Gateway Sales Market Share Forecast by Mode of Interaction (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Online Payment Gateway Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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