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Research and Markets - Global Payment Gateways Market to Grow at a CAGR of 16.6%, with Amazon Payments, CCBill, PayPal & Stripe Leading the Way

DUBLIN, Mar 23, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Payment Gateways Market 2017-2021" report to their offering.

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The global payment gateways market to grow at a CAGR of 16.60% during the period 2017-2021.

The report, Global Payment Gateways Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

One trend in market is high adoption of cloud computing. The deployment of cloud-based solutions is more cost-effective than the deployment of on-premises solutions. Vendors provide cloud-based payment solutions for an annual subscription or usage-based fee. In addition, the implementation of cloud-based solutions saves the costs associated with the installation and upgradation of e-commerce software and payment gateway add-ons. Cloud-based solutions are offered with easy-to-use applications and intuitive interfaces for proper deployment.

According to the report, one driver in market is focus on high customer satisfaction. The changing demand of users and increasing prices of products and services have intensified the competition between local and foreign players. Vendors are compelled to improve their competitive strategies to provide quality customer service and achieve high customer satisfaction. Many e-tailing vendors are coming up with innovative services such as the flexibility in placing orders through phone calls and enabling different payment options using payment gateways. Different banks also collaborate with retail vendors to provide attractive cashback offers to attract new customers and retain existing users. E-commerce software also supports the growth of an organization by enhancing its online presence in the marketplace and providing a competitive advantage through higher operational efficiencies.

Key vendors

  • Amazon Payments
  • CCBill
  • PayPal
  • Stripe

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by end-user

PART 07: Geographical segmentation

PART 08: Key leading countries

PART 09: Decision framework

PART 10: Drivers and challenges

PART 11: Market trends

PART 12: Five forces analysis

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Other prominent vendors

PART 16: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/3mkxfm/global_payment

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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© 2017 PR Newswire
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