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Asia-Pacific payment gateway Market

Growing internet penetration, followed by increasing smartphone penetration and proliferation of digital banking, boosts e-commerce sales across Asia-Pacific, particularly in China and India, are surging the growth of the payment gateway market, as more e-commerce sales will lead to more online transactions. Furthermore, the increasing importance of digital payments across the region due to various government initiatives is further fuelling the growth of the Asia-Pacific payment gateway market.

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Asia-Pacific payment gateway Market

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  1. Asia-Pacific payment gateway Market Asia-Pacific payment gateway Market, by Type (Hosted payment gateway, Non- hosted payment Organization size (Small & Medium Enterprises and Large Enterprises), By Vertical (Retail, Travel& Hospitality, Financial Services, Utilities, Education and Others), and By Countries – Opportunities & Forecast, 2019-2026 gateway), By GMI Research GMI Research See the Future Insights 1

  2. The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Asia-Pacific Payment Gateway Market: Growing internet penetration, followed by increasing smartphone penetration and proliferation of digital banking, boosts e-commerce sales across Asia-Pacific, particularly in China and India, are surging the growth of the payment gateway market, as more e-commerce sales will lead to more online transactions. Furthermore, the increasing importance of digital payments across the region due to various government initiatives is further fuelling the growth of the Asia-Pacific payment gateway market. The payment gateway is becoming popular as it offers 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. This report splits the Asia-Pacific Payment Gateway Market as follows: By Type: •Hosted payment gateway •Non-hosted payment gateway By Organization Size: •Small & Medium Enterprises •Large Enterprises By Vertical: •Retail •Travel & hospitality •Financial Services 2

  3. •Utilities •Education •Others By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) Competitive Landscape: The Asia-Pacific payment gateway market report also scans the competitive landscape and profiles the major players operating in the market, including AsiaPay Limited, Tenpay Payment Technology Co. Ltd., PayEase Inc., NTT Communications Ltd., Alipay, Red Dot Payment Pte. Ltd., MOLPay Sdn Bhd, econtext Asia Limited, Stripe, 2C2P, PayU Money, and CCAvenue, among others. 3

  4. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4

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