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Online Payment Gateway Market: Global Industry Analysis (2013 - 2017) & Opportunity Assessment (2018 - 2028)

Online Payment Gateway Market: Global Industry Analysis (2013 - 2017) & Opportunity Assessment (2018 - 2028)

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.

Asia Pacific except Japan to lead the global market with the highest usage

The mass acceptance of cheap communication technologies and faster Internet connections have provided a greater degree of convenience to customers, which has translated into a rise in the adoption of digital payments, especially in countries such as China. Banks and regulatory bodies have been influencing the migration of payments to the digital sphere, which can bring down the transaction costs for banks, and consequently reduce operating costs. Governments in APEJ understand that they can decrease the hidden finances and bring efficiency to commerce by promoting the usage of digital payments, which, in turn, would accelerate gross domestic product growth. Correspondent banking is also seen to remain a primary channel for carrying out cross-border banking services, and thus, remains a lucrative business for banks. As a result of the growing acceptance of mobile phones and cards as the preferred modes of payment, the online payment gateway market is expected to benefit in the APEJ region. North America to closely trail APEJ owing to growth in instant payment options

The availability of instant payments is triggering new customer needs and requirements, while sparkling newer business propositions for service providers. With the introduction of open APIs and other technologies, it is expected that the payment landscape will be disrupted with new players, and instant payment has the potential to emerge as an alternative to existing payment methods. Banks are striving to remain competitive, especially due to the entry of the FinTech and the regulatory push for modernization of the system. There is growing customer demand for instant payment based overlay services due to the convenience and ease of usage. Increasing adoption of instant payment systems in major economies, coupled with FinTech growth and initiatives, are expected to accelerate change and help the early adopter banks differentiate themselves.

However, the market in the region may face challenges from the growing use of open source payment gateways. There are some open source gateways present in the market, which would definitely affect the current market for online payment gateways. In the pace of competition and customer acquisition, some companies provide these gateways and then charge the customer after a certain period of usage, which acts as a restraint for the market in that particular duration.


1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
2.3. Primary Response Analysis
3. Market Background
3.1. Porter’s Analysis
3.2. Macro-Economic Factors
3.3. Forecast Factors – Relevance & Impact
3.4. Value Chain
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunity Analysis
3.5.4. Regulations
4. Market Forecast
4.1. Global Overview
4.2. Pricing Analysis
4.3. Market Size Projections
4.3.1. Y-o-Y Projections
4.3.2. Absolute $ Opportunity Analysis
5. Global Online Payment Gateway Market Analysis By Application
5.1. Introduction
5.1.1. Market Value Share Analysis By Application
5.1.2. Y-o-Y Growth Analysis By Application
5.2. Historical Market Size Analysis By Application 2013–2017
5.3. Market Size Forecast By Application 2018–2028
5.3.1. Large Enterprises
5.3.2. Small & Medium Enterprises
5.4. Market Attractiveness Analysis By Application
6. Global Online Payment Gateway Market Analysis By Mode of Interaction
6.1. Introduction
6.1.1. Market Value Share Analysis By Product Type
6.1.2. Y-o-Y Growth Analysis By Product Type
6.2. Historical Market Size Analysis By Product Type 2013–2017
6.3. Market Size Forecast By Product Type 2018–2028
6.3.1. Hosted Payment Gateways
6.3.2. Pro/Self-Hosted Payment Gateways
6.3.3. API/Non-Hosted Payment Gateways
6.3.4. Local Bank Integrates
6.3.5. Direct Payment Gateways
6.3.6. Platform-Based Payment Gateways
6.4. Market Attractiveness Analysis By Product Type
7. Global Online Payment Gateway Market Analysis By Region
7.1. Introduction
7.1.1. Market Value Share Analysis By Region
7.1.2. Y-o-Y Growth Analysis By Region
7.2. Historical Market Size Analysis By Region 2013–2017
7.3. Market Size Forecast By Region 2018–2028
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. Asia Pacific excluding Japan
7.3.6. Japan
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Online Payment Gateway Market Analysis
8.1. Introduction
8.2. Pricing Analysis
8.3. Historical Market Size Analysis By Market Segments, 2013–2017
8.4. Market Size Forecast By Market Segments, 2018–2028
8.4.1. By Country
8.4.1.1. U.S.
8.4.1.2. Canada
8.4.2. By Application
8.4.2.1. Large Enterprises
8.4.2.2. Small & Medium Enterprises
8.4.3. By Mode of Interaction
8.4.3.1. Hosted Payment Gateways
8.4.3.2. Pro/Self-Hosted Payment Gateways
8.4.3.3. API/Non-Hosted Payment Gateways
8.4.3.4. Local Bank Integrates
8.4.3.5. Direct Payment Gateways
8.4.3.6. Platform-Based Payment Gateways
8.5. Market Attractiveness Analysis
8.5.1. By Country
8.5.2. By Application
8.5.3. By Mode of Interaction
8.6. Market Trends
8.7. Drivers and Restraints – Impact Analysis
9. Latin America Online Payment Gateway Market Analysis
9.1. Introduction
9.2. Pricing Analysis
9.3. Historical Market Size Analysis By Market Segments, 2013–2017
9.4. Market Size Forecast By Market Segments, 2018–2028
9.4.1. By Country
9.4.1.1. Brazil
9.4.1.2. Mexico
9.4.1.3. Rest of Latin America
9.4.2. By Application
9.4.2.1. Large Enterprises
9.4.2.2. Small & Medium Enterprises
9.4.3. By Mode of Interaction
9.4.3.1. Hosted Payment Gateways
9.4.3.2. Pro/Self-Hosted Payment Gateways
9.4.3.3. API/Non-Hosted Payment Gateways
9.4.3.4. Local Bank Integrates
9.4.3.5. Direct Payment Gateways
9.4.3.6. Platform-Based Payment Gateways
9.5. Market Attractiveness Analysis
9.5.1. By Country
9.5.2. By Application
9.5.3. By Mode of Interaction
9.6. Market Trends
9.7. Drivers and Restraints – Impact Analysis
10. Western Europe Online Payment Gateway Market Analysis
10.1. Introduction
10.2. Pricing Analysis
10.3. Historical Market Size Analysis By Market Segments, 2013–2017
10.4. Market Size Forecast By Market Segments, 2018–2028
10.4.1. By Country
10.4.1.1. Germany
10.4.1.2. France
10.4.1.3. UK
10.4.1.4. Spain
10.4.1.5. Italy
10.4.1.6. BENELUX
10.4.1.7. Rest of Western Europe
10.4.2. By Application
10.4.2.1. Large Enterprises
10.4.2.2. Small & Medium Enterprises
10.4.3. By Mode of Interaction
10.4.3.1. Hosted Payment Gateways
10.4.3.2. Pro/Self-Hosted Payment Gateways
10.4.3.3. API/Non-Hosted Payment Gateways
10.4.3.4. Local Bank Integrates
10.4.3.5. Direct Payment Gateways
10.4.3.6. Platform-Based Payment Gateways
10.5. Market Attractiveness Analysis
10.5.1. By Country
10.5.2. By Application
10.5.3. By Mode of Interaction
10.6. Market Trends
10.7. Drivers and Restraints – Impact Analysis
11. Eastern Europe Online Payment Gateway Market Analysis
11.1. Introduction
11.2. Pricing Analysis
11.3. Historical Market Size Analysis By Market Segments, 2013–2017
11.4. Market Size Forecast By Market Segments, 2018–2028
11.4.1. By Country
11.4.1.1. Russia
11.4.1.2. Poland
11.4.1.3. Rest of Eastern Europe
11.4.2. By Application
11.4.2.1. Large Enterprises
11.4.2.2. Small & Medium Enterprises
11.4.3. By Mode of Interaction
11.4.3.1. Hosted Payment Gateways
11.4.3.2. Pro/Self-Hosted Payment Gateways
11.4.3.3. API/Non-Hosted Payment Gateways
11.4.3.4. Local Bank Integrates
11.4.3.5. Direct Payment Gateways
11.4.3.6. Platform-Based Payment Gateways
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Application
11.5.3. By Mode of Interaction
11.6. Market Trends
11.7. Drivers and Restraints – Impact Analysis
12. APEJ Online Payment Gateway Market Analysis
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size Analysis By Market Segments, 2013–2017
12.4. Market Size Forecast By Market Segments, 2018–2028
12.4.1. By Country
12.4.1.1. China
12.4.1.2. India
12.4.1.3. Australia & New Zealand
12.4.1.4. ASEAN
12.4.1.5. Rest of APEJ
12.4.2. By Application
12.4.2.1. Large Enterprises
12.4.2.2. Small & Medium Enterprises
12.4.3. By Mode of Interaction
12.4.3.1. Hosted Payment Gateways
12.4.3.2. Pro/Self-Hosted Payment Gateways
12.4.3.3. API/Non-Hosted Payment Gateways
12.4.3.4. Local Bank Integrates
12.4.3.5. Direct Payment Gateways
12.4.3.6. Platform-Based Payment Gateways
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Application
12.5.3. By Mode of Interaction
12.6. Market Trends
12.7. Drivers and Restraints – Impact Analysis
13. Japan Online Payment Gateway Market Analysis
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size Analysis By Market Segments, 2013–2017
13.4. Market Size Forecast By Market Segments, 2018–2028
13.4.1. By Country
13.4.1.1. Japan
13.4.2. By Application
13.4.2.1. Large Enterprises
13.4.2.2. Small & Medium Enterprises
13.4.3. By Mode of Interaction
13.4.3.1. Hosted Payment Gateways
13.4.3.2. Pro/Self-Hosted Payment Gateways
13.4.3.3. API/Non-Hosted Payment Gateways
13.4.3.4. Local Bank Integrates
13.4.3.5. Direct Payment Gateways
13.4.3.6. Platform-Based Payment Gateways
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Application
13.5.3. By Mode of Interaction
13.6. Market Trends
13.7. Drivers and Restraints – Impact Analysis
14. Middle East and Africa Online Payment Gateway Market Analysis
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size Analysis By Market Segments, 2013–2017
14.4. Market Size Forecast By Market Segments, 2018–2028
14.4.1. By Country
14.4.1.1. GCC Countries
14.4.1.2. Turkey
14.4.1.3. Northern Africa
14.4.1.4. South Africa
14.4.1.5. Rest of MEA
14.4.2. By Application
14.4.2.1. Large Enterprises
14.4.2.2. Small & Medium Enterprises
14.4.3. By Mode of Interaction
14.4.3.1. Hosted Payment Gateways
14.4.3.2. Pro/Self-Hosted Payment Gateways
14.4.3.3. API/Non-Hosted Payment Gateways
14.4.3.4. Local Bank Integrates
14.4.3.5. Direct Payment Gateways
14.4.3.6. Platform-Based Payment Gateways
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Application
14.5.3. By Mode of Interaction
14.6. Market Trends
14.7. Drivers and Restraints – Impact Analysis
15. Market Structure Analysis
15.1. Market Analysis by Tier of Companies
15.2. Market Share Analysis
15.2.1. Market Presence Analysis -- Regional footprint of Players
15.3. Technology Roadmap
16. Competition Analysis
16.1. Competition Dashboard
16.2. Pricing Analysis By Competition
16.3. Competition Developments
16.4. Competition Deep Dive (15 Companies)
16.4.1. PayPal Holdings, Inc.
16.4.1.1. Overview
16.4.1.2. Product Portfolio
16.4.1.3. Key Financials
16.4.1.4. Strategy and Key Developments
16.4.2. Amazon.com Inc.
16.4.3. Amazon.com Inc.
16.4.4. Stripe
16.4.5. CCBill
16.4.6. AsiaPay Limited (PayDollar)
16.4.7. Avangate Inc.
16.4.8. Dwolla, Inc.
16.4.9. Alipay.Com Co. Ltd
16.4.10. Instamojo Technologies Pvt Ltd.

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