A payment gateway is the service that authorizes credit card payments for online and offline businesses. Payment gateways encrypt sensitive information, such as credit card numbers, to ensure that information passes securely between the customer and the merchant
New York, NY -- (SBWIRE) -- 10/05/2018 -- A payment gateway is the service that authorizes credit card payments for online and offline businesses.Payment gateways encrypt sensitive information, such as credit card numbers, to ensure that information passes securely between the customer and the merchant. Payment gateways authorizes the transfer of funds between buyers and sellers. The main role of a payment gateway is to authorize transactions between you and your customers.The online payment gateways make sure that the ecommerce transaction process is securely and safely done between the payment processor and payment gateway. The application of Online Payment Gateway Market Banking, Financial Services, Retail, Telecommunications, Healthcare, Others.
TheOnline Payment Gateway Market is expected to reach USD +124 billion by the end of 2022 with +12% CAGR during forecast period 2018-2022.
The steps ofOnline Payment Gateway is customer place an order on website by pressing the submit order. The order is sent via a website. The customer web browser encrypts the information to be sent between the browser and the merchant webserver. This is done via secure socket layer encryption. The last step is then Marchand forward the transaction details on payment gateway. Then payment gateway forwarded the transaction information to the payment processor used by merchant's bank. The payment processor forwarded the transaction info to the card association eg visa, Mastercard etc. This report is a detailed report on Global Online Payment Gateway Market, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector
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Top Key Players:
Amazon Payments, CCBill, AsiaPay/PayDollar, MercadoPago, eWAY AU, NAB Transact, e-Path, Cardstream, Sage Pay, Payson, Certitrade, ServiRed, WebCash, MyGate, 99bill, Pagosonline
This report provides comprehensive analysis of:
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs
As analytics have become an inherent part of every business activity and role, form a central role in the decision-making process of companies these days is mentioned in this report. In the next few years, the demand for the market is expected to substantially rise globally, enabling healthy growth of the Online Payment Gateway Marketis also detailed in the report. This report highlights the manufacturing cost structure includes the cost of the materials, labor cost, depreciation cost, and the cost of manufacturing procedures. Price analysis and analysis of equipment suppliers are also done by the analysts in the report.
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The report, with the assistance of nitty-gritty business profiles, project practicality analysis, SWOT examination, and a few different insights about the key organizations working in the Online Payment Gateway Market, exhibits a point by point scientific record of the market's competitive scenario. The report likewise displays a review of the effect of recent developments in the market on market's future development prospects.
Table of Content:
Online Payment Gateway Market Research Report 2018-2023.
Chapter 1: Industry Overview
Chapter 2: Online Payment Gateway Market International and China Market Analysis
Chapter 3: Environment Analysis of Online Payment Gateway.
Chapter 4: Analysis of Revenue by Classifications
Chapter 5: Analysis of Revenue by Regions and Applications
Chapter 6: Analysis of Online Payment Gateway Market Revenue Market Status.
Chapter 7: Analysis of Online Payment Gateway Industry Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis
Chapter 9: Marketing Trader or Distributor Analysis of Online Payment Gateway.
Chapter 10: Development Trend of Online Payment Gateway Market 2018-2023.
Chapter 11: Industry Chain Suppliers of Online Payment Gateway with Contact Information
Chapter 12: New Project Investment Feasibility Analysis of Online Payment Gateway
Chapter 13: Conclusion of the Online Payment Gateway Industry 2023 Market Research Report
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