Asia-Pacific payment gateway Market – Opportunities & Forecast, 2020-2027

 The market report is a historical overview and in-depth study on the current and future market. The report also offers a basic overview of the market size, share, leading players, top regions with major countries data, and a detailed segmentation description. It investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The major players in the Asia-Pacific Payment Gateway Market include:

·         Alipay

·         Tenpay Payment Technology Co. Ltd.

·         PayEase Inc.

·         AsiaPay Limited

·         NTT Communications Ltd.

·         Red Dot Payment Pte. Ltd.

·         MOLPay Sdn Bhd

·         2C2P

·         econtext Asia Limited

·         Stripe

·         CCAvenue

·         PayU Money

Key Drivers of the Asia-Pacific Payment Gateway Market:

Growing internet penetration, coupled with increasing smartphone penetration and proliferation of digital banking, propels e-commerce sales across Asia-Pacific in India and China, which in turn, is surging the payment gateway market, as more e-commerce sales will lead to more online transactions. Moreover, the growing importance of digital payments across the region due to various government initiatives is further accelerating the growth of the Asia-Pacific payment gateway market.

The payment gateway is becoming popular as it brings real-time transaction processing, process multiple-currency payments, streamlined payments, decreases the frequency and severity of credit card fraud, and is convenient to make payment. As the percentage of online sales increases, many companies are going online to be competitive and relevant. The companies are adopting payment gateways to allow their customers to purchase directly from their website to raise the overall customer experience, leading to the growth of the Asia-Pacific payment gateway market size.

Segmentation of the Asia-Pacific Payment Gateway Market:

The major regions covered in the report are North America, Europe, Asia-Pacific, and the Rest of the world. It also contains regional volume and revenue of the forecast period. Moreover, it helps the reader to understand accurate data on volume sales according to the consumption for the same years.

On the basis of type, this report displays the production, revenue, price, market share, and overall growth rate of each type, primarily split into:

·         Hosted payment gateway

·         Non-hosted payment gateway

On the basis of organization size, this report displays the production, revenue, price, market share, and overall growth rate of each organization size, primarily split into:

·         Small & Medium Enterprises

·         Large Enterprises

On the basis of vertical, this report displays the production, revenue, price, market share, and overall growth rate of each vertical, primarily split into:

·         Retail

·         Travel & hospitality

·         Financial Services

·         Utilities

·         Education

·         Others

On the basis of region, this report displays the production, revenue, price, market share, and overall growth rate of each region, primarily split into:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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