Online Payment Gateway Market
Many industries have undergone substantial transformation in the recent years, from logistics and retail to education and healthcare. All these crucial economic sectors are connected by payment technologies.
Online Payment Gateway Market By Application, Mode of Interaction & Region | Forecast 2023 to 2033
Online Payment Gateway Market (2023 to 2033)
The online payment gateway market size is projected to be valued at US$ 117.5 billion in 2023 and is expected to rise to US$ 293.9 billion by 2033. The sales of online payment gateway are expected to grow at a significant CAGR of 9.6% during the forecast period. Various factors propelling the demand for online payment gateway are:
- Since a few years ago, the payment method has advanced at an astounding rate, from the token system to cash pooling and cashless transactions. In every industry, the integration of a payment gateway has emerged as one of the most important components of every organization.
- One of the main drivers of the market's expansion is the growing digital transformation of organizations all over the world. In addition, there is a noticeable rise in the usage of online payment methods, such as credit or debit cards, mobile wallets, and net banking, for money transfers, providing customers with a practical way to make in-store purchases.
- In addition, a lot of banks are working with retailers to offer cashback deals that will draw in new clients and keep existing ones. The expansion of broadband or high-speed Internet access and this are expected to boost the market's growth in the following years.
|
Attributes |
Details |
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Online Payment Gateway Market CAGR |
9.6% |
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Online Payment Gateway Market Valuation (2023) |
US$ 117.5 billion |
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Online Payment Gateway Market Valuation (2033) |
US$ 293.9 billion |
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How The Market Progressed till June 2022?
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Market Statistics |
Details |
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H1,2021 (A) |
10.5% |
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H1,2022 Projected (P) |
10.8% |
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H1,2022 Outlook (O) |
11.5% |
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BPS Change: H1,2022 (O) - H1,2022 (P) |
(+) 70 ↑ |
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BPS Change: H1,2022 (O) - H1,2021 (A) |
(+) 100 ↑ |
Online payment gateways have become more ordinary in the information age. When COVID-19 happened, it increased the digitization procedure in literally every field comprising business. At a time when people’s mobility is becoming progressively restricted, online transactions become a choice to meet several requirements ranging from primary requirements like drinks, food, and other household supplies, etc.
As per the FMI analysis, the BPS values interpreted in the mobile device management market in H1,2022-(O) (Outlook) over H1,2022 (P) are projected to show a growth of +70 units. The cause for the growth of BPS values is, many retail shops offer a unique QR Code to customers that make payment simple.
Additionally, the same QR Codes can be utilized for paying money despite of customers utilizing various apps to make payments. Therefore, the benefit of digital payments has increased the usage of online payment gateways.
The BPS change: H1, 2022 (O) over H1,2021 (A) shows a growth of +100 units. A crucial cause for this growth of BPS values is, the mass acceptance of economical communication technology and quicker internet connections have offered a considerable degree of benefit to consumers, and have rendered an increase in the adoption of digital payments across various regions.
Hence, the advantages offered by online payment gateway are driving the market development positively.
Consumption Analysis of Online Payment Gateway (2017 to 2022) Vs Market Estimates (2023 to 2033)
According to FMI’s report, from 2017 to 2022, the global online payment gateway market registered a revenue of USD 106.1 billion by the end of 2022. 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.
The global outreach of online payment gateways further widened throughout 2020 and 2021, as the COVID-19 pandemic compelled businesses to shift to the virtual space, amid declining footfalls across conventional wholesale and retail brick-and-mortar stores. With countries imposing strict lockdowns, consumers began purchasing products from e-commerce platforms, online company websites, or third-party online retailers.
The future outlook for the online payment gateway industry appears exceptionally optimistic, as an increasing proportion of consumers will continue relying on contactless payment methods. Additionally, growing cybersecurity and fraud concerns have compelled service providers to introduce highly secure platforms which do not compromise sensitive information, including consumer purchase details. According to Future Market Insights, the market is expected to reach a sizeable value of USD 293.9 billion in 2033 registering an absolute dollar growth of USD 176.4 billion.
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Talk to AnalystPreference for Convenient Payment Options Driving Demand for Online Payment Gateways?
Digitalization has led to a boom in online payments. Increasing demand from consumers and retailers for making payments easy and a one-step process is driving the sales of the online payment gateway market. Furthermore, online payments offer a hassle-free process and are extremely convenient to use as they can be used from anywhere and anytime in the world.
In addition, small-scale to large-scale retailers have opted for online payments that ease the process of billing and giving hard copies of receipts. Moreover, technological advancement and changing software have made payment processes extremely easy as companies and banks offer e-receipts and notifications. Reliability on online payments has increased due to companies offering OTPs and constantly sending transaction details.
Adoption of QR Codes Boosting Use of Online Payment Gateways?
Most retail shops provide a unique QR code to consumers that make payment easy. Furthermore, the same QR codes can be used for paying money in spite of consumers using different apps to make payments. Thus, the convenience of paying has escalated the use of online payment gateways.
Online payments such as Gpay, Paypal Holdings, and Amazon are offering cashback, rewards, and various vouchers that attract consumers to use online payment gateways. Moreover, consumers find these mediums safe for making payments. Going ahead, online payment gateways will also use fingerprint and face scanners that will make online payment gateways safer.
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Comparative view of Online Payment Gateway Market
Online Payment Gateway Market:
|
Attributes |
Online Payment Gateway Market |
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CAGR (2022 to 2032) |
18.3% |
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Market Value (2026) |
US$ 154.69 billion |
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Growth Factor |
Sales of online payment gateways are being positively impacted by consumer demand for simple, secure transactions and one-step payment solutions. |
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Opportunity |
In the upcoming years, the market is expected to grow due to the shift in merchant and consumer preference toward digital channels for enabling online money transfers. |
Mobile Payment Transaction Market:
|
Attributes |
Mobile Payment Transaction Market |
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CAGR (2022 to 2032) |
6.2% |
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Market Value (2026) |
US$ 179.09 billion |
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Growth Factor |
The market for mobile payment transactions has experienced an acceleration in growth as a result of rising smart device adoption and the development of features that can replace physical wallets. |
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Opportunity |
Mobile transactions have become a burgeoning revenue stream with great development potential for major companies. The simplicity of mobile payment transactions is one of the main factors driving its uptake. |
Payment Bank Solutions Market:
|
Attributes |
Payment Bank Solutions Market |
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CAGR (2022 to 2032) |
16.1% |
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Market Value (2026) |
US$ 73.8 billion |
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Growth Factor |
The use of digital and online banking is increasing, and as a result, many banks have begun to provide a variety of options for banking payments. As a result, the need for payment bank solutions is currently on the rise. |
|
Opportunity |
The idea of a payment bank solution is developing more quickly because more people are using mobile technology to provide financial aid in isolated locations, which is strengthening the market for payment bank solutions as a whole. |
Country-wise Analysis
Cheap and Efficient Connections are Propelling Use of Online Payment Gateway in the Asia Pacific?
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 in the Asia Pacific.
Chinese tech giants like Alibaba and Tencent are key players in the country's economy's move away from cash and are pioneers of digital merchant payments. The mobile payment services offered by the businesses, Alipay and WeChat Pay, have drastically changed the payments scene in China. They rank among the biggest on the entire planet. For instance, the most popular card brand is China UnionPay, which offers debit and credit cards. Digital and mobile wallets like Alipay and WeChat Pay presently rule the Chinese internet market and are driving up the number of physical retailers.
|
China Market Size (US$ million/billion) by End of Forecast Period (2033) |
US$ 115.3 billion |
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China Market Absolute Dollar Growth (US$ million/billion) |
US$ 75.5 billion |
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CAGR % 2017 to 2022 |
12.4% |
|
CAGR % 2023 to End of Forecast (2033) |
11.2% |
Japan's people are renowned for being early adopters of technology. Near field communication (NFC) and QR codes, two important cashless payment technologies, were created by the Japanese, who are eager players in contemporary e-commerce. Credit cards are currently the primary means of payment for internet purchases among consumers in the nation.
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Japan Market Size (US$million/billion) by End of Forecast Period (2033) |
US$ 10.7 billion |
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Japan Market Absolute Dollar Growth (US$ million/billion) |
US$ 5.1 billion |
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CAGR % 2017 to 2022 |
7.4% |
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CAGR % 2023 to End of Forecast (2033) |
6.7% |
Indians primarily make e-commerce purchases using their digital or mobile wallets. In India, mobile wallet transactions are anticipated to reach INR 275 trillion by 2022, according to a report by ASSOCHAM-RNCOS. The global digital payments technology and payment processor FSS (Financial Software and Systems), based in India, declared in June 2020 that it has improved its e-commerce payment gateway. To help more merchants go online, the gateway has options for added-value services. The market's expansion is anticipated to be fueled by such initiatives.
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India Market Size (US$million/billion) by End of Forecast Period (2033) |
US$ 21.4 billion |
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India Market Absolute Dollar Growth (US$ million/billion) |
US$ 17.6 billion |
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CAGR % 2017 to 2022 |
19.7% |
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CAGR % 2023 to End of Forecast (2033) |
18.9% |
SMEs to bolster USA payment market share
Due to the constant increase in the number of vendors accepting online payments, the SME sector held more than 30% of the payment gateway market share in the USA in 2020. In the USA, it was anticipated that by 2020, approximately 70% of retailers adopted Apple Pay, with another 25% intending to do so by 2021.
The chance for SMEs to access the new revenue streams is growing as the USA mobile commerce sector is rising quickly. Mobile devices are predicted to account for close to 35% of the total e-commerce market, driven by older populations' increasing smartphone adoption and their high usage among those between the ages of 18 and 24, where smartphones have a 93% penetration rate.
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USA Market Size (US$million/billion) by End of Forecast Period (2033) |
US$ 33.1 billion |
|
USA Market Absolute Dollar Growth (US$ million/billion) |
US$ 16.9 billion |
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CAGR % 2017 to 2022 |
7.9% |
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CAGR % 2023 to End of Forecast (2033) |
7.4% |
The United Kingdom market expansion has been boosted by the decreased merchant liability and less risk exposure.
By 2023, the online payment gateway industry in the United Kingdom is expected to produce revenues of about USD 950 million. Customers have diverted away from the checkout page on the merchant website through hosted gateways. The customer is taken to the Payment Service Provider (PSP) page after clicking the gateway link. Here, the customer enters their payment information and, after making a purchase, is sent back to the merchant's website to finish the checkout process. Such transactions offer customers a strong fraud protection system and are PCI-compliant.
With the use of hosted gateways and in-built security that complies with the Payment Card Industry Data Security Standard, reputable payment gateway providers actively reduce hacking and cyberattack efforts (PCI DSS).
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USA Market Size (US$ million/billion) by End of Forecast Period (2033) |
US$ 33.1 billion |
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USA Market Absolute Dollar Growth (US$ million/billion) |
US$ 16.9 billion |
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CAGR % 2017 to 2022 |
7.9% |
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CAGR % 2023 to End of Forecast (2033) |
7.4% |
Online Payment Gateway Market - Category-wise Insights
Secure Transactions Accelerating Demand for Hosted Payment Gateways?
Consumers can pay through various modes of interaction ranging from Hosted Payment Gateway, Pro / Self-hosted Payment Gateway, API / Non-hosted Payment Gateway, Local Bank Integration, Direct Payment Gateway, and Platform-based Payment Gateway. Out of these, hosted payment gateway is the most popular.
Retailers, educational institutes, and online shopping stores are favoring the use of hosted payment gateways as it uses encryption during the transaction process that helps with secure amount transaction from senders to the receiver’s account. Thus, according to FMI, hosted payment gateways are expected to possess a 44.6% market share in 2022.
|
Mode of Interaction |
Hosted Payment Gateway |
|
CAGR % 2017 to 2022 |
10.9% |
|
CAGR % 2023 to End of Forecast (2033) |
9.8% |
The non-hosted segment is anticipated to experience substantial expansion. As businesses can maintain control over the entire checkout process, including the layout and design process while offering customers a smooth purchasing experience, many merchants around the world prefer a non-hosted payment gateway for their websites.
Enterprises Insights
In 2021, the large enterprise market category held a commanding market share, accounting for more than 56.0% of global revenue. Due to the larger website traffic that large businesses typically experience, they must implement efficient checkout solutions for their clients. By supporting several digital payment methods like net banking and credit or debit cards, payment gateway systems may guarantee a simple checkout process for clients.
|
Application |
Large Enterprise |
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CAGR % 2017 to 2022 |
9.9% |
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CAGR % 2023 to End of Forecast (2033) |
9.2% |
From 2023 to 2033, the small and medium enterprises segment is anticipated to develop at the fastest rate. Small and medium-sized businesses are using payment gateways to process payments more quickly and provide customers with more convenience. Many small and medium-sized firms are reorganizing their revenue plans and operations by taking a more digital strategy. In the near future, this is anticipated to boost the segment's growth prospects.
Key Companies Profile
PayPal.
PayPal is popular as a redirect payment gateway due to its excellent customer service and the accessibility of multiple gateway options
PayPal's Payflow gateway includes either a free checkout payment gateway hosted by PayPal or a monthly fee-based service that provides additional checkout customization features.
PayPal adds fraud protection security to both services at no additional cost, providing additional assurance that your payment gateway is secure and capable of dealing with threats as they arise.
Square
Square is a payment gateway and credit card processor. The company has grown significantly, with a gross payment volume of $46 billion in the fourth quarter of 2021.
Square's solutions are typically designed for small businesses that require credit card processing for in-person transactions, though they do charge a fee for manual transactions.
Stripe
Stripe is a well-known payment gateway service provider that specializes in mobile e-commerce, SaaS, non-profits, and platform-based payments.
Stripe can also handle businesses with a high volume of transactions. Stripe, for example, is used by the ride-sharing company Lyft to power its mobile fleet of over 700,000 drivers.
Competitive Environment
With the existence of well-known firms like PayPal and Stripe, the Online Payment Gateway Market is very competitive. Other businesses, meanwhile, are attempting to achieve greater market shares by engaging in mergers and acquisitions in order to attract more customers.
- PayU stated in January 2020 that it will buy a majority share in PaySense, a digital credit platform. LazyPay and PaySense, two of PayU's consumer lending companies, will combine their business activities as part of the acquisition in order to create a full-stack digital lending platform in India.
- In a partnership announced in January 2020, PayPal Holding Inc. and UnionPay International (UPI) will collaborate to hasten the expansion of their respective networks. In accordance with the contract, PayPal agreed to support UPI acceptance everywhere PayPal is accepted, giving UnionPay cardholders more options when they shop.
- Announcing the purchase of Touchtech Payments in April 2019. It's an Irish business that assists banks in developing and managing the verification process, which necessitates the provision of two distinct forms of authentication from cards in order to complete transactions. With this acquisition, the business will be better equipped to comply with European Union rules and secure online transactions.
Some of the leading companies operating in the Online Payment Gateway Market are
- Adyen
- Amazon Payments Inc.
- Authorize.Net
- Bitpay, Inc.
- Braintree
- PayPal Holdings, Inc.
- PayU Group
- Stripe
- Verifone Holdings, Inc.
- Wepay, Inc.
Scope of Report
|
Attribute |
Details |
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Forecast Period |
2023 to 2033 |
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Historical Data Available for |
2018 to 2022 |
|
Market Analysis |
US$ billion for Value |
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Key Countries Covered |
USA, Canada, Germany, United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage |
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
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Customization & Pricing |
Available upon Request |
Market Segmentation
Online Payment Gateway by Application:
- Online Payment Gateway for Large Enterprises
- Online Payment Gateway for Small and Medium Enterprises
Online Payment Gateway by Mode of Interaction:
- Hosted Payment Gateway
- Pro / Self-hosted Payment Gateway
- API / Non-hosted Payment Gateway
- Local Bank Integration
- Direct Payment Gateway
- Platform-based Payment Gateway
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa (MEA)
Frequently Asked Questions
How is the Online Payment Gateway Market Growing?
The Online Payment Gateway market is predicted to grow at 9.6% CAGR from 2023 to 2033.
What Drives the Online Payment Gateway Market?
Rapidly expanding automotive industry
What is the Future Scope of Growth for the Online Payment Gateway Market?
The Online Payment Gateway market is expected to surpass US$ 293.9 billion by 2033.
What is the Current Online Payment Gateway Market Size?
The Online Payment Gateway market size is anticipated to be US$ 117.5 billion in 2023.
Table of Content
1. Executive Summary | Online Payment Gateway Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ million) Analysis, 2017 to 2022 4.2. Current and Future Market Size Value (US$ million) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ million) Analysis By Application, 2017 to 2022 5.3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Application, 2023 to 2033 5.3.1. Large Enterprises 5.3.2. Small and Medium Enterprises 5.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2022 5.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 6. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Mode of Interaction 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ million) Analysis By Mode of Interaction, 2017 to 2022 6.3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Mode of Interaction, 2023 to 2033 6.3.1. Hosted Payment Gateway 6.3.2. Pro / Self-hosted Payment Gateway 6.3.3. API / Non-hosted Payment Gateway 6.3.4. Local Bank Integration 6.3.5. Direct Payment Gateway 6.3.6. Platform-based Payment Gateway 6.4. Y-o-Y Growth Trend Analysis By Mode of Interaction, 2017 to 2022 6.5. Absolute $ Opportunity Analysis By Mode of Interaction, 2023 to 2033 7. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ million) Analysis By Region, 2017 to 2022 7.3. Current Market Size Value (US$ million) Analysis and Forecast By Region, 2023 to 2033 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 (APEJ) 7.3.6. Japan 7.3.7. Middle East and Africa (MEA) 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 8.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2022 8.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2023 to 2033 8.2.1. By Country 8.2.1.1. The USA 8.2.1.2. Canada 8.2.2. By Application 8.2.3. By Mode of Interaction 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Application 8.3.3. By Mode of Interaction 8.4. Key Takeaways 9. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2022 9.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Application 9.2.3. By Mode of Interaction 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Application 9.3.3. By Mode of Interaction 9.4. Key Takeaways 10. Western Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2022 10.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. BENELUX 10.2.1.2. France 10.2.1.3. Germany 10.2.1.4. Italy 10.2.1.5. Rest of Western Europe 10.2.1.6. Spain 10.2.1.7. The United Kingdom 10.2.2. By Application 10.2.3. By Mode of Interaction 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Application 10.3.3. By Mode of Interaction 10.4. Key Takeaways 11. Eastern Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2022 11.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Poland 11.2.1.2. Rest of Eastern Europe 11.2.1.3. Russia 11.2.2. By Application 11.2.3. By Mode of Interaction 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Application 11.3.3. By Mode of Interaction 11.4. Key Takeaways 12. APEJ Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2022 12.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. ASEAN 12.2.1.2. Australia & New Zealand 12.2.1.3. China 12.2.1.4. India 12.2.1.5. Rest of APEJ 12.2.2. By Application 12.2.3. By Mode of Interaction 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Application 12.3.3. By Mode of Interaction 12.4. Key Takeaways 13. Japan Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2022 13.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.2. By Application 13.2.3. By Mode of Interaction 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Application 13.3.3. By Mode of Interaction 13.4. Key Takeaways 14. MEA Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 14.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2022 14.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Rest of MEA 14.2.2. By Application 14.2.3. By Mode of Interaction 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Application 14.3.3. By Mode of Interaction 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. The USA 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2022 15.1.2.1. By Application 15.1.2.2. By Mode of Interaction 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2022 15.2.2.1. By Application 15.2.2.2. By Mode of Interaction 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2022 15.3.2.1. By Application 15.3.2.2. By Mode of Interaction 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2022 15.4.2.1. By Application 15.4.2.2. By Mode of Interaction 15.5. BENELUX 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2022 15.5.2.1. By Application 15.5.2.2. By Mode of Interaction 15.6. France 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2022 15.6.2.1. By Application 15.6.2.2. By Mode of Interaction 15.7. Germany 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2022 15.7.2.1. By Application 15.7.2.2. By Mode of Interaction 15.8. Italy 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2022 15.8.2.1. By Application 15.8.2.2. By Mode of Interaction 15.9. Spain 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2022 15.9.2.1. By Application 15.9.2.2. By Mode of Interaction 15.10. The United Kingdom 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2022 15.10.2.1. By Application 15.10.2.2. By Mode of Interaction 15.11. Poland 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2022 15.11.2.1. By Application 15.11.2.2. By Mode of Interaction 15.12. Russia 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2022 15.12.2.1. By Application 15.12.2.2. By Mode of Interaction 15.13. ASEAN 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2022 15.13.2.1. By Application 15.13.2.2. By Mode of Interaction 15.14. Australia & New Zealand 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2022 15.14.2.1. By Application 15.14.2.2. By Mode of Interaction 15.15. China 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2022 15.15.2.1. By Application 15.15.2.2. By Mode of Interaction 15.16. India 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2022 15.16.2.1. By Application 15.16.2.2. By Mode of Interaction 15.17. Japan 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2022 15.17.2.1. By Application 15.17.2.2. By Mode of Interaction 15.18. GCC Countries 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2022 15.18.2.1. By Application 15.18.2.2. By Mode of Interaction 15.19. South Africa 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2022 15.19.2.1. By Application 15.19.2.2. By Mode of Interaction 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Application 16.3.3. By Mode of Interaction 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. PayPal Holdings, Inc. 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.2. Amazon.com Inc. 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.3. Stripe 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.4. CCBill 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.5. AsiaPay Limited (PayDollar) 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.6. Avangate Inc. 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.7. Dwolla, Inc. 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.8. Alipay.Com Co. Ltd 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.9. Instamojo Technologies Pvt Ltd. 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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List of Tables
Table 1: Global Market Value (US$ million) Forecast by Region, 2017 to 2033 Table 2: Global Market Value (US$ million) Forecast by Application, 2017 to 2033 Table 3: Global Market Value (US$ million) Forecast by Mode of Interaction, 2017 to 2033 Table 4: North America Market Value (US$ million) Forecast by Country, 2017 to 2033 Table 5: North America Market Value (US$ million) Forecast by Application, 2017 to 2033 Table 6: North America Market Value (US$ million) Forecast by Mode of Interaction, 2017 to 2033 Table 7: Latin America Market Value (US$ million) Forecast by Country, 2017 to 2033 Table 8: Latin America Market Value (US$ million) Forecast by Application, 2017 to 2033 Table 9: Latin America Market Value (US$ million) Forecast by Mode of Interaction, 2017 to 2033 Table 10: Western Europe Market Value (US$ million) Forecast by Country, 2017 to 2033 Table 11: Western Europe Market Value (US$ million) Forecast by Application, 2017 to 2033 Table 12: Western Europe Market Value (US$ million) Forecast by Mode of Interaction, 2017 to 2033 Table 13: Eastern Europe Market Value (US$ million) Forecast by Country, 2017 to 2033 Table 14: Eastern Europe Market Value (US$ million) Forecast by Application, 2017 to 2033 Table 15: Eastern Europe Market Value (US$ million) Forecast by Mode of Interaction, 2017 to 2033 Table 16: APEJ Market Value (US$ million) Forecast by Country, 2017 to 2033 Table 17: APEJ Market Value (US$ million) Forecast by Application, 2017 to 2033 Table 18: APEJ Market Value (US$ million) Forecast by Mode of Interaction, 2017 to 2033 Table 19: Japan Market Value (US$ million) Forecast by Country, 2017 to 2033 Table 20: Japan Market Value (US$ million) Forecast by Application, 2017 to 2033 Table 21: Japan Market Value (US$ million) Forecast by Mode of Interaction, 2017 to 2033 Table 22: MEA Market Value (US$ million) Forecast by Country, 2017 to 2033 Table 23: MEA Market Value (US$ million) Forecast by Application, 2017 to 2033 Table 24: MEA Market Value (US$ million) Forecast by Mode of Interaction, 2017 to 2033
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Figure 1: Global Market Value (US$ million) by Application, 2023 to 2033 Figure 2: Global Market Value (US$ million) by Mode of Interaction, 2023 to 2033 Figure 3: Global Market Value (US$ million) by Region, 2023 to 2033 Figure 4: Global Market Value (US$ million) Analysis by Region, 2017 to 2033 Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033 Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033 Figure 7: Global Market Value (US$ million) Analysis by Application, 2017 to 2033 Figure 8: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 9: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 10: Global Market Value (US$ million) Analysis by Mode of Interaction, 2017 to 2033 Figure 11: Global Market Value Share (%) and BPS Analysis by Mode of Interaction, 2023 to 2033 Figure 12: Global Market Y-o-Y Growth (%) Projections by Mode of Interaction, 2023 to 2033 Figure 13: Global Market Attractiveness by Application, 2023 to 2033 Figure 14: Global Market Attractiveness by Mode of Interaction, 2023 to 2033 Figure 15: Global Market Attractiveness by Region, 2023 to 2033 Figure 16: North America Market Value (US$ million) by Application, 2023 to 2033 Figure 17: North America Market Value (US$ million) by Mode of Interaction, 2023 to 2033 Figure 18: North America Market Value (US$ million) by Country, 2023 to 2033 Figure 19: North America Market Value (US$ million) Analysis by Country, 2017 to 2033 Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 22: North America Market Value (US$ million) Analysis by Application, 2017 to 2033 Figure 23: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 24: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 25: North America Market Value (US$ million) Analysis by Mode of Interaction, 2017 to 2033 Figure 26: North America Market Value Share (%) and BPS Analysis by Mode of Interaction, 2023 to 2033 Figure 27: North America Market Y-o-Y Growth (%) Projections by Mode of Interaction, 2023 to 2033 Figure 28: North America Market Attractiveness by Application, 2023 to 2033 Figure 29: North America Market Attractiveness by Mode of Interaction, 2023 to 2033 Figure 30: North America Market Attractiveness by Country, 2023 to 2033 Figure 31: Latin America Market Value (US$ million) by Application, 2023 to 2033 Figure 32: Latin America Market Value (US$ million) by Mode of Interaction, 2023 to 2033 Figure 33: Latin America Market Value (US$ million) by Country, 2023 to 2033 Figure 34: Latin America Market Value (US$ million) Analysis by Country, 2017 to 2033 Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 37: Latin America Market Value (US$ million) Analysis by Application, 2017 to 2033 Figure 38: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 40: Latin America Market Value (US$ million) Analysis by Mode of Interaction, 2017 to 2033 Figure 41: Latin America Market Value Share (%) and BPS Analysis by Mode of Interaction, 2023 to 2033 Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Mode of Interaction, 2023 to 2033 Figure 43: Latin America Market Attractiveness by Application, 2023 to 2033 Figure 44: Latin America Market Attractiveness by Mode of Interaction, 2023 to 2033 Figure 45: Latin America Market Attractiveness by Country, 2023 to 2033 Figure 46: Western Europe Market Value (US$ million) by Application, 2023 to 2033 Figure 47: Western Europe Market Value (US$ million) by Mode of Interaction, 2023 to 2033 Figure 48: Western Europe Market Value (US$ million) by Country, 2023 to 2033 Figure 49: Western Europe Market Value (US$ million) Analysis by Country, 2017 to 2033 Figure 50: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 51: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 52: Western Europe Market Value (US$ million) Analysis by Application, 2017 to 2033 Figure 53: Western Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 54: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 55: Western Europe Market Value (US$ million) Analysis by Mode of Interaction, 2017 to 2033 Figure 56: Western Europe Market Value Share (%) and BPS Analysis by Mode of Interaction, 2023 to 2033 Figure 57: Western Europe Market Y-o-Y Growth (%) Projections by Mode of Interaction, 2023 to 2033 Figure 58: Western Europe Market Attractiveness by Application, 2023 to 2033 Figure 59: Western Europe Market Attractiveness by Mode of Interaction, 2023 to 2033 Figure 60: Western Europe Market Attractiveness by Country, 2023 to 2033 Figure 61: Eastern Europe Market Value (US$ million) by Application, 2023 to 2033 Figure 62: Eastern Europe Market Value (US$ million) by Mode of Interaction, 2023 to 2033 Figure 63: Eastern Europe Market Value (US$ million) by Country, 2023 to 2033 Figure 64: Eastern Europe Market Value (US$ million) Analysis by Country, 2017 to 2033 Figure 65: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 66: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 67: Eastern Europe Market Value (US$ million) Analysis by Application, 2017 to 2033 Figure 68: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 69: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 70: Eastern Europe Market Value (US$ million) Analysis by Mode of Interaction, 2017 to 2033 Figure 71: Eastern Europe Market Value Share (%) and BPS Analysis by Mode of Interaction, 2023 to 2033 Figure 72: Eastern Europe Market Y-o-Y Growth (%) Projections by Mode of Interaction, 2023 to 2033 Figure 73: Eastern Europe Market Attractiveness by Application, 2023 to 2033 Figure 74: Eastern Europe Market Attractiveness by Mode of Interaction, 2023 to 2033 Figure 75: Eastern Europe Market Attractiveness by Country, 2023 to 2033 Figure 76: APEJ Market Value (US$ million) by Application, 2023 to 2033 Figure 77: APEJ Market Value (US$ million) by Mode of Interaction, 2023 to 2033 Figure 78: APEJ Market Value (US$ million) by Country, 2023 to 2033 Figure 79: APEJ Market Value (US$ million) Analysis by Country, 2017 to 2033 Figure 80: APEJ Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 81: APEJ Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 82: APEJ Market Value (US$ million) Analysis by Application, 2017 to 2033 Figure 83: APEJ Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 84: APEJ Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 85: APEJ Market Value (US$ million) Analysis by Mode of Interaction, 2017 to 2033 Figure 86: APEJ Market Value Share (%) and BPS Analysis by Mode of Interaction, 2023 to 2033 Figure 87: APEJ Market Y-o-Y Growth (%) Projections by Mode of Interaction, 2023 to 2033 Figure 88: APEJ Market Attractiveness by Application, 2023 to 2033 Figure 89: APEJ Market Attractiveness by Mode of Interaction, 2023 to 2033 Figure 90: APEJ Market Attractiveness by Country, 2023 to 2033 Figure 91: Japan Market Value (US$ million) by Application, 2023 to 2033 Figure 92: Japan Market Value (US$ million) by Mode of Interaction, 2023 to 2033 Figure 93: Japan Market Value (US$ million) by Country, 2023 to 2033 Figure 94: Japan Market Value (US$ million) Analysis by Country, 2017 to 2033 Figure 95: Japan Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 96: Japan Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 97: Japan Market Value (US$ million) Analysis by Application, 2017 to 2033 Figure 98: Japan Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 99: Japan Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 100: Japan Market Value (US$ million) Analysis by Mode of Interaction, 2017 to 2033 Figure 101: Japan Market Value Share (%) and BPS Analysis by Mode of Interaction, 2023 to 2033 Figure 102: Japan Market Y-o-Y Growth (%) Projections by Mode of Interaction, 2023 to 2033 Figure 103: Japan Market Attractiveness by Application, 2023 to 2033 Figure 104: Japan Market Attractiveness by Mode of Interaction, 2023 to 2033 Figure 105: Japan Market Attractiveness by Country, 2023 to 2033 Figure 106: MEA Market Value (US$ million) by Application, 2023 to 2033 Figure 107: MEA Market Value (US$ million) by Mode of Interaction, 2023 to 2033 Figure 108: MEA Market Value (US$ million) by Country, 2023 to 2033 Figure 109: MEA Market Value (US$ million) Analysis by Country, 2017 to 2033 Figure 110: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 111: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 112: MEA Market Value (US$ million) Analysis by Application, 2017 to 2033 Figure 113: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 114: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 115: MEA Market Value (US$ million) Analysis by Mode of Interaction, 2017 to 2033 Figure 116: MEA Market Value Share (%) and BPS Analysis by Mode of Interaction, 2023 to 2033 Figure 117: MEA Market Y-o-Y Growth (%) Projections by Mode of Interaction, 2023 to 2033 Figure 118: MEA Market Attractiveness by Application, 2023 to 2033 Figure 119: MEA Market Attractiveness by Mode of Interaction, 2023 to 2033 Figure 120: MEA Market Attractiveness by Country, 2023 to 2033
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