United States Payment Gateways Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

United States Payment Gateways Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The United States payment gateways market is currently witnessing moderate growth. Payment gateways are web-based applications that act as intermediaries between various e-commerce websites and banks. They authorize and authenticate online transactions done by consumers from anywhere across the globe. They are used to encrypt sensitive information like credit card numbers and bank account details to secure the transmission of data from the customer to the issuing banks. Payment gateways are also useful in preventing fraud by providing Card Verification Value (CVV) and Address Verification System (AVS) while offering the facility to shop at any hour of the day without the inconvenience of waiting in long queues.

The United States payment gateways market is primarily driven by the increasing use of net banking. Besides this, various companies in the United States, such as Go URL, Cayan, Amazon Pay, PayPal gateway, Wells Fargo, and Chase Paymentech, are expanding their consumer base by providing various payment gateway services. Additionally, the increasing integration of payment gateways in the retail e-commerce sector has further propelled the market growth. Furthermore, there has been growing awareness among small and mid-level enterprises regarding the benefits of payment gateway deployment and the emergence of NFC-based payment technologies is catalyzing the market. Looking forward, the market is expected to continue its moderate growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States payment gateways market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, application and mode of interaction.

Breakup by Application:

Large Enterprises
Micro and Small Enterprises
Mid-Size Enterprises

Breakup by Mode of Interaction:

Hosted Payment Gateways
Pro/Self-Hosted Payment Gateways
API/Non-Hosted Payment Gateways
Local Bank Integrates
Direct Payment Gateways
Platform-Based Payment Gateways

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

How has the United States payment gateways market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the United States payment gateways market?
What are the key regional markets?
What is the breakup of the market based on the application?
What is the breakup of the market based on the mode of interaction?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the United States payment gateways market and who are the key players?
What is the degree of competition in the industry?