Payment Gateways Market Insights, Size, Share, Trends and Growth

Technavio Announces the Publication of its Research Report – Global Payment Gateways Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Payment Gateways Market: Amazon Payments, CCBill, PayPal, and Stripe.

Other Prominent Vendors in the market are: AsiaPay/PayDollar, MercadoPago, eWAY AU, NAB Transact, e Path, Merchant Warrior, SecurePay, Moip, PagSeguro,, Beanstream, Moneris, Stripe, Alipay, Tenpay, 99bill, Pagosonline, PayWay,, DIBS, PayPoint, Ogone, Worldline by Atos, SOFORT, NETBANX, Barclaycard ePDQ, Wirecard, Ogone, Worldpay, PayU, CCAvenue, Realex, GestPay, Remise, Epsilon, Paygent, iPay88, MOLPay, CashU, eWay NZ, iDEAL, Klarna, PesoPay, Przelewy24,,, WebMoney, ROBOKASSA, QIWI, Yandex, PayFast, MyGate, VCS, WebCash, ServiRed, Certitrade, Payson, Sage Pay, Cardstream, GoCardless, SecureTrading,, BitCoin, and SmsCoin.

Commenting on the report, an analyst from Technavio’s team said: “The emergence of mobile wallets is a trend to watch for, as it is expected to drive market growth quite significantly. More customers are using e commerce sites to shop online using tablets or smartphones. This trend will continue as mobile devices are becoming more user friendly and accessible.
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According to the report, a key growth driver is the shift towards digital commerce. Some companies have begun restructuring their business and revenue strategies by moving from the traditional approach to the digital approach. Traditionally, commerce was restricted to showcase essential product details and simple merchandising. However, it has evolved and diversified. It involves services such as deploying interactive hubs for consumer marketing to handling associated services.

Further, the report states that one challenge that could adversely impact market growth is...