Table of Content

1 INTRODUCTION (Page No. - 29)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 INCLUSIONS & EXCLUSIONS
           1.3.4 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES, 2021–2023
    1.5 STAKEHOLDERS 
    1.6 IMPACT OF RECESSION 
2 RESEARCH METHODOLOGY (Page No. - 33)
    2.1 RESEARCH DATA 
           FIGURE 1 PAYMENT GATEWAY MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary interviews with experts
                    2.1.2.2 Breakdown of primary profiles
                               FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION
                    2.1.2.3 Key insights from industry experts
    2.2 MARKET SIZE ESTIMATION 
           FIGURE 3 PAYMENT GATEWAY MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
           2.2.1 TOP-DOWN APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): REVENUE OF VENDORS IN PAYMENT GATEWAY MARKET
           2.2.2 BOTTOM-UP APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2 (DEMAND SIDE): PAYMENT GATEWAY MARKET
                    FIGURE 6 MARKET SIZE ESTIMATION USING BOTTOM-UP APPROACH
    2.3 DATA TRIANGULATION 
           FIGURE 7 DATA TRIANGULATION AND MARKET BREAKUP
    2.4 RISK ASSESSMENT 
           TABLE 2 RISK ASSESSMENT
    2.5 RESEARCH ASSUMPTIONS 
           TABLE 3 RESEARCH ASSUMPTIONS
    2.6 LIMITATIONS 
    2.7 IMPLICATION OF RECESSION ON PAYMENT GATEWAY MARKET 
3 EXECUTIVE SUMMARY (Page No. - 42)
    FIGURE 8 PAYMENT GATEWAY MARKET TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD 
    FIGURE 9 MARKET: REGIONAL SNAPSHOT 
4 PREMIUM INSIGHTS (Page No. - 45)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PAYMENT GATEWAY MARKET 
           FIGURE 10 RAPID DIGITAL TRANSFORMATION IN DEVELOPING ECONOMIES TO DRIVE MARKET
    4.2 MARKET: TOP GROWING SEGMENTS 
           FIGURE 11 TOP GROWING SEGMENTS IN 2024
    4.3 MARKET, BY TYPE 
           FIGURE 12 HOSTED SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    4.4 MARKET, BY VERTICAL 
           FIGURE 13 RETAIL & E-COMMERCE TO HOLD LARGEST MARKET DURING FORECAST PERIOD
    4.5 NORTH AMERICA: MARKET, BY OFFERING AND VERTICAL 
           FIGURE 14 HOSTED SEGMENT AND RETAIL & E-COMMERCE ESTIMATED TO HOLD LARGEST MARKET SHARES IN 2024
5 PAYMENT GATEWAY MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 48)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 15 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Rapid Growth in E-commerce
                    5.2.1.2 Mobile Payment Adoption
                               FIGURE 16 RISING VOLUME OF UPI PAYMENTS, 2016 TO 2023 (MILLION)
                    5.2.1.3 Globalization of Business Transactions
           5.2.2 RESTRAINTS
                    5.2.2.1 Regulatory Compliance
                    5.2.2.2 Dependency on Banking Infrastructure
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Blockchain and Cryptocurrency Integration
                    5.2.3.2 Value-added Services
           5.2.4 CHALLENGES
                    5.2.4.1 Customer Trust and Data Privacy
                    5.2.4.2 Changing Consumer Behavior
    5.3 BRIEF HISTORY OF PAYMENT GATEWAY TECHNOLOGY 
           FIGURE 17 BRIEF HISTORY OF PAYMENT GATEWAY TECHNOLOGY
           5.3.1 1960–1990
           5.3.2 1990–2000
           5.3.3 2000–2010
           5.3.4 2010–2020
           5.3.5 202O–PRESENT
    5.4 ECOSYSTEM/MARKET MAP 
           FIGURE 18 KEY PLAYERS IN PAYMENT GATEWAY MARKET ECOSYSTEM
           TABLE 4 MARKET: ECOSYSTEM
    5.5 PAYMENT GATEWAY INVESTMENT LANDSCAPE 
    5.6 CASE STUDY ANALYSIS 
           5.6.1 CASE STUDY 1: RAZORPAY OPTIMIZER HELPED CRAFT FABINDIA’S PAYMENTS SUCCESS STORY
           5.6.2 CASE STUDY 2: SRI BALAJI UNIVERSITY REDUCED 90% OF RECONCILIATION EFFORTS USING FEESBUZZ AND FORMS
           5.6.3 CASE STUDY 3: PAN HOME COLLABORATED WITH AMAZON PAYMENT SERVICES TO TRANSFORM CUSTOMER EXPERIENCE
           5.6.4 CASE STUDY 4: COINGATE EMPOWERED BACLOUD WITH CRYPTOCURRENCY PAYMENT SOLUTIONS
           5.6.5 CASE STUDY 5: STRIPE HELPED INCREASE TWILIO'S 10% AUTHORIZATION RATE
           5.6.6 CASE STUDY 6: NAMELY STREAMLINED PAYMENTS AND BOOSTED EFFICIENCY WITH BLUESNAP INTEGRATION
    5.7 VALUE CHAIN ANALYSIS 
           FIGURE 19 MARKET: VALUE CHAIN ANALYSIS
           5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 8 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.8 NORTH AMERICA 
           5.8.1 US
           5.8.2 CANADA
    5.9 EUROPE 
           5.9.1 GERMANY
           5.9.2 UK
    5.10 ASIA PACIFIC 
           5.10.1 CHINA
           5.10.2 INDIA
           5.10.3 JAPAN
    5.11 REST OF THE WORLD 
           5.11.1 QATAR
           5.11.2 MEXICO
    5.12 PATENT ANALYSIS 
                    FIGURE 20 LIST OF MAJOR PATENTS FOR PAYMENT GATEWAY
           5.12.1 LIST OF MAJOR PATENTS
    5.13 PRICING ANALYSIS 
           5.13.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY BILLING CYCLE
                    FIGURE 21 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY BILLING CYCLE
                    TABLE 9 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PAYMENT TYPE (USD)
           5.13.2 INDICATIVE PRICING ANALYSIS OF KEY PLAYERS, BY FEATURE
                    TABLE 10 INDICATIVE PRICING ANALYSIS OF PAYMENT GATEWAYS, BY FEATURE (USD)
    5.14 PORTER’S FIVE FORCES ANALYSIS 
                    TABLE 11 MARKET: PORTER’S FIVE FORCES ANALYSIS
                    FIGURE 22 PORTER’S FIVE FORCES ANALYSIS: MARKET
           5.14.1 THREAT OF NEW ENTRANTS
           5.14.2 THREAT OF SUBSTITUTES
           5.14.3 BARGAINING POWER OF BUYERS
           5.14.4 BARGAINING POWER OF SUPPLIERS
           5.14.5 INTENSITY OF COMPETITIVE RIVALRY
    5.15 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
                    FIGURE 23 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
    5.16 KEY STAKEHOLDERS & BUYING CRITERIA 
           5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 24 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS
                    TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS (%)
           5.16.2 BUYING CRITERIA
                    FIGURE 25 KEY BUYING CRITERIA FOR TOP THREE END USERS
                    TABLE 13 KEY BUYING CRITERIA FOR TOP END USERS
    5.17 KEY CONFERENCES & EVENTS IN 2024 
                    TABLE 14 PAYMENT GATEWAY MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024
    5.18 TECHNOLOGY ANALYSIS 
           5.18.1 KEY TECHNOLOGIES
                    5.18.1.1 Encryption and Tokenization
                    5.18.1.2 Artificial Intelligence
                    5.18.1.3 Contactless Payments
           5.18.2 ADJACENT TECHNOLOGIES
                    5.18.2.1 Biometric Authentication
                    5.18.2.2 IoT
                    5.18.2.3 Blockchain
           5.18.3 COMPLEMENTARY TECHNOLOGIES
                    5.18.3.1 5G Technology
                    5.18.3.2 Voice Recognition Technology
    5.19 BEST PRACTICES IN MARKET 
           5.19.1 SECURITY COMPLIANCE
           5.19.2 FRAUD PREVENTION
           5.19.3 RELIABILITY AND UPTIME
           5.19.4 USER-FRIENDLY INTERFACE
           5.19.5 FAST TRANSACTION PROCESSING
           5.19.6 SCALABILITY
           5.19.7 TRANSPARENT PRICING
           5.19.8 GLOBAL PAYMENT SUPPORT
           5.19.9 ROBUST API DOCUMENTATION
                    5.19.10 CUSTOMER SUPPORT
                    5.19.11 REGULAR UPDATES AND INNOVATION
                    5.19.12 COMPLIANCE WITH REGULATORY STANDARDS
    5.20 CURRENT AND EMERGING BUSINESS MODELS 
           5.20.1 TRANSACTION-BASED MODEL
           5.20.2 SUBSCRIPTION-BASED MODELS
           5.20.3 VALUE-ADDED SERVICES MODEL
           5.20.4 API-FIRST APPROACH
           5.20.5 INTEGRATED SERVICE MODELS
           5.20.6 CROSS-BORDER PAYMENT SOLUTIONS
           5.20.7 CONTACTLESS AND NFC PAYMENTS
           5.20.8 EMBEDDED FINANCE
    5.21 PAYMENT GATEWAY TOOLS, FRAMEWORKS, AND TECHNIQUES 
    5.22 FUTURE LANDSCAPE OF MARKET 
           5.22.1 SHORT-TERM ROADMAP (2023–2025)
           5.22.2 MID-TERM ROADMAP (2025–2028)
           5.22.3 LONG-TERM ROADMAP (2029–2030)
6 PAYMENT GATEWAY MARKET, BY TYPE (Page No. - 81)
    6.1 INTRODUCTION 
           FIGURE 26 HOSTED SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
           6.1.1 TYPE: MARKET DRIVERS
                    TABLE 15 MARKET, BY TYPE, 2018–2023 (USD MILLION)
                    TABLE 16 MARKET, BY TYPE, 2024–2029 (USD MILLION)
    6.2 HOSTED 
           6.2.1 OUTSOURCED PAYMENT PROCESSING TO SAVE COSTS AND DRIVE GROWTH
                    TABLE 17 HOSTED: MARKET, BY REGION, 2018–2023 (USD MILLION)
                    TABLE 18 HOSTED: MARKET, BY REGION, 2024–2029 (USD MILLION)
    6.3 SELF-HOSTED 
           6.3.1 CUSTOMIZED PAYMENT PROCESSING TO DRIVE GROWTH
                    TABLE 19 SELF-HOSTED: MARKET, BY REGION, 2018–2023 (USD MILLION)
                    TABLE 20 SELF-HOSTED: MARKET, BY REGION, 2024–2029 (USD MILLION)
    6.4 OTHER TYPES 
           TABLE 21 OTHER TYPES: MARKET, BY REGION, 2018–2023 (USD MILLION)
           TABLE 22 OTHER TYPES: MARKET, BY REGION, 2024–2029 (USD MILLION)
7 PAYMENT GATEWAY MARKET, BY VERTICAL (Page No. - 87)
    7.1 INTRODUCTION 
           7.1.1 VERTICAL: MARKET DRIVERS
                    FIGURE 27 MEDIA & ENTERTAINMENT SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
                    TABLE 23 MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                    TABLE 24 MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
    7.2 BFSI 
           7.2.1 SECURE AND FASTER BANKING TRANSACTIONS TO DRIVE GROWTH
           7.2.2 USE CASE
                    7.2.2.1 Secure online banking transactions
                    7.2.2.2 Credit card payments
                               TABLE 25 BFSI: MARKET, BY REGION, 2018–2023 (USD MILLION)
                               TABLE 26 BFSI: MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.3 TELECOM 
           7.3.1 DIVERSE PAYMENT OPTIONS TO DRIVE MARKET GROWTH
           7.3.2 USE CASE
                    7.3.2.1 Mobile recharge and top-ups
                    7.3.2.2 Value-added service purchases
                               TABLE 27 TELECOM: MARKET, BY REGION, 2018–2023 (USD MILLION)
                               TABLE 28 TELECOM: MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.4 HEALTHCARE 
           7.4.1 ONLINE MEDICAL BILLING AND FASTER INSURANCE PROCESSING TO DRIVE GROWTH
           7.4.2 USE CASE
                    7.4.2.1 Patient payments and co-payments
                    7.4.2.2 Medical bill payments
                               TABLE 29 HEALTHCARE: MARKET, BY REGION, 2018–2023 (USD MILLION)
                               TABLE 30 HEALTHCARE: MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.5 MEDIA & ENTERTAINMENT 
           7.5.1 RECURRING SUBSCRIPTIONS AND GROWTH OF ONLINE PLATFORMS TO DRIVE GROWTH
           7.5.2 USE CASE
                    7.5.2.1 Pay-per-view events
                    7.5.2.2 Digital content purchases
                               TABLE 31 MEDIA & ENTERTAINMENT: MARKET, BY REGION, 2018–2023 (USD MILLION)
                               TABLE 32 MEDIA & ENTERTAINMENT: MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.6 TRAVEL & HOSPITALITY 
           7.6.1 EASE OF MULTICURRENCY TRANSACTIONS TO DRIVE GROWTH
           7.6.2 USE CASE
                    7.6.2.1 Hotel booking payments
                    7.6.2.2 Flight reservations
                               TABLE 33 TRAVEL & HOSPITALITY: MARKET, BY REGION, 2018–2023 (USD MILLION)
                               TABLE 34 TRAVEL & HOSPITALITY: MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.7 IT & ITES 
           7.7.1 ENHANCED SECURITY AND ENCRYPTION TO DRIVE GROWTH
           7.7.2 USE CASE
                    7.7.2.1 Licensing and royalties
                    7.7.2.2 Training and certification programs
                               TABLE 35 IT & ITES: PAYMENT GATEWAY MARKET, BY REGION, 2018–2023 (USD MILLION)
                               TABLE 36 IT & ITES: MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.8 RETAIL & E-COMMERCE 
           7.8.1 INCREASE IN GLOBAL E-COMMERCE SALES TO DRIVE GROWTH
           7.8.2 USE CASE
                    7.8.2.1 Inventory management
                    7.8.2.2 Customizable checkout experience
                               TABLE 37 RETAIL & E-COMMERCE: MARKET, BY REGION, 2018–2023 (USD MILLION)
                               TABLE 38 RETAIL & E-COMMERCE: MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.9 OTHER VERTICALS 
           7.9.1 USE CASE
                    7.9.1.1 Event registrations
                    7.9.1.2 Property sales
                    7.9.1.3 Toll payments
                    7.9.1.4 Catering services
                               TABLE 39 OTHER VERTICALS: MARKET, BY REGION, 2018–2023 (USD MILLION)
                               TABLE 40 OTHER VERTICALS: MARKET, BY REGION, 2024–2029 (USD MILLION)
8 PAYMENT GATEWAY MARKET, BY REGION (Page No. - 101)
    8.1 INTRODUCTION 
           TABLE 41 MARKET, BY REGION, 2018–2023 (USD MILLION)
           TABLE 42 MARKET, BY REGION, 2024–2029 (USD MILLION)
    8.2 NORTH AMERICA 
           8.2.1 NORTH AMERICA: MARKET DRIVERS
           8.2.2 NORTH AMERICA: RECESSION IMPACT
                    FIGURE 28 NORTH AMERICA: MARKET SNAPSHOT
                    TABLE 43 NORTH AMERICA: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                    TABLE 44 NORTH AMERICA: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 45 NORTH AMERICA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                    TABLE 46 NORTH AMERICA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
                    TABLE 47 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
                    TABLE 48 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
           8.2.3 US
                    8.2.3.1 Robust financial ecosystem and major players to drive market
                               TABLE 49 US: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                               TABLE 50 US: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                               TABLE 51 US: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                               TABLE 52 US: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
           8.2.4 CANADA
                    8.2.4.1 Government initiatives and immense participation from private players to drive market growth
                               TABLE 53 CANADA: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                               TABLE 54 CANADA: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                               TABLE 55 CANADA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                               TABLE 56 CANADA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
    8.3 EUROPE 
           8.3.1 EUROPE: PAYMENT GATEWAY MARKET DRIVERS
           8.3.2 EUROPE: RECESSION IMPACT
                    TABLE 57 EUROPE: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                    TABLE 58 EUROPE: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 59 EUROPE: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                    TABLE 60 EUROPE: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
                    TABLE 61 EUROPE: MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
                    TABLE 62 EUROPE: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
           8.3.3 GERMANY
                    8.3.3.1 Robust financial ecosystem to drive growth
           8.3.4 UK
                    8.3.4.1 Government initiatives and availability of advanced connectivity to drive growth
                               TABLE 63 UK: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                               TABLE 64 UK: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                               TABLE 65 UK: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                               TABLE 66 UK: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
           8.3.5 ITALY
                    8.3.5.1 Surge in digital payments and e-commerce sector to drive growth
           8.3.6 FRANCE
                    8.3.6.1 Strategic investments and innovative solutions to fuel market growth
           8.3.7 SPAIN
                    8.3.7.1 Government funding and major players to drive growth of market
           8.3.8 REST OF EUROPE
    8.4 ASIA PACIFIC 
           8.4.1 ASIA PACIFIC: MARKET DRIVERS
           8.4.2 ASIA PACIFIC: RECESSION IMPACT
                    FIGURE 29 ASIA PACIFIC: MARKET SNAPSHOT
                    TABLE 67 ASIA PACIFIC: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                    TABLE 68 ASIA PACIFIC: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 69 ASIA PACIFIC: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                    TABLE 70 ASIA PACIFIC: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
                    TABLE 71 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
                    TABLE 72 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
           8.4.3 CHINA
                    8.4.3.1 Substantial investments and robust e-commerce ecosystem to drive market
                               TABLE 73 CHINA: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                               TABLE 74 CHINA: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                               TABLE 75 CHINA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                               TABLE 76 CHINA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
           8.4.4 INDIA
                    8.4.4.1 Innovative digital payment solutions to drive growth
           8.4.5 JAPAN
                    8.4.5.1 Initiatives such as Society 5.0 and digital payment industry to drive growth
           8.4.6 AUSTRALIA & NEW ZEALAND
                    8.4.6.1 Government regulations and open banking initiatives to drive growth
           8.4.7 REST OF ASIA PACIFIC
    8.5 MIDDLE EAST & AFRICA 
           8.5.1 MIDDLE EAST & AFRICA: MARKET DRIVERS
           8.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
                    TABLE 77 MIDDLE EAST & AFRICA: MARKET, BY REGION/COUNTRY, 2018–2023 (USD MILLION)
                    TABLE 78 MIDDLE EAST & AFRICA: MARKET, BY REGION/COUNTRY, 2024–2029 (USD MILLION)
                    TABLE 79 MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                    TABLE 80 MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 81 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                    TABLE 82 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
           8.5.3 GCC COUNTRIES
                    TABLE 83 GCC COUNTRIES: MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
                    TABLE 84 GCC COUNTRIES: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                    TABLE 85 GCC COUNTRIES: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                    TABLE 86 GCC COUNTRIES: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 87 GCC COUNTRIES: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                    TABLE 88 GCC COUNTRIES: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
                    8.5.3.1 UAE
                               8.5.3.1.1 Increasing adoption of digital payments to drive growth
                    8.5.3.2 Kingdom of Saudi Arabia
                               8.5.3.2.1 Supportive regulatory frameworks for MARKET to drive growth
           8.5.4 REST OF GCC COUNTRIES
           8.5.5 SOUTH AFRICA
                    8.5.5.1 Innovations in digital payment solutions to drive growth
           8.5.6 REST OF MIDDLE EAST & AFRICA
    8.6 LATIN AMERICA 
           8.6.1 LATIN AMERICA: MARKET DRIVERS
           8.6.2 LATIN AMERICA: RECESSION IMPACT
                    TABLE 89 LATIN AMERICA: MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
                    TABLE 90 LATIN AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                    TABLE 91 LATIN AMERICA: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                    TABLE 92 LATIN AMERICA: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 93 LATIN AMERICA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                    TABLE 94 LATIN AMERICA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
           8.6.3 BRAZIL
                    8.6.3.1 Surging e-commerce sector in country to drive growth
                               TABLE 95 BRAZIL: MARKET, BY TYPE, 2018–2023 (USD MILLION)
                               TABLE 96 BRAZIL: MARKET, BY TYPE, 2024–2029 (USD MILLION)
                               TABLE 97 BRAZIL: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
                               TABLE 98 BRAZIL: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
           8.6.4 MEXICO
                    8.6.4.1 Diverse digital payment options to drive growth
           8.6.5 REST OF LATIN AMERICA
9 COMPETITIVE LANDSCAPE (Page No. - 137)
    9.1 INTRODUCTION 
    9.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 
           9.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PAYMENT GATEWAY PROVIDERS
    9.3 REVENUE ANALYSIS 
           FIGURE 30 HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022 (USD MILLION)
    9.4 MARKET SHARE ANALYSIS 
           FIGURE 31 MARKET SHARE ANALYSIS, 2023
           TABLE 99 PAYMENT GATEWAY MARKET: DEGREE OF COMPETITION
           TABLE 100 TYPE FOOTPRINT FOR KEY PLAYERS
           TABLE 101 VERTICAL FOOTPRINT FOR KEY PLAYERS
           TABLE 102 REGION FOOTPRINT FOR KEY PLAYERS
           9.4.1 COMPANY FOOTPRINT: KEY PLAYERS, 2023
                    FIGURE 32 COMPANY FOOTPRINT
    9.5 COMPANY EVALUATION MATRIX 
           9.5.1 STARS
           9.5.2 EMERGING LEADERS
           9.5.3 PERVASIVE PLAYERS
           9.5.4 PARTICIPANTS
                    FIGURE 33 PAYMENT GATEWAY MARKET: COMPANY EVALUATION MATRIX, 2023
    9.6 STARTUP/SME EVALUATION MATRIX 
           9.6.1 PROGRESSIVE COMPANIES
           9.6.2 RESPONSIVE COMPANIES
           9.6.3 DYNAMIC COMPANIES
           9.6.4 STARTING BLOCKS
                    FIGURE 34 PAYMENT GATEWAY MARKET: STARTUP/SME EVALUATION MATRIX
           9.6.5 COMPETITIVE BENCHMARKING
                    TABLE 103 DETAILED LIST OF STARTUPS/SMES
                    TABLE 104 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
    9.7 COMPETITIVE SCENARIO AND TRENDS 
           9.7.1 PRODUCT LAUNCHES
                    TABLE 105 PAYMENT GATEWAY MARKET: PRODUCT LAUNCHES, JANUARY 2021–DECEMBER 2023
           9.7.2 DEALS
                    TABLE 106 PAYMENT GATEWAY MARKET: DEALS, JANUARY 2021–SEPTEMBER 2023
    9.8 PAYMENT GATEWAY PRODUCT BENCHMARKING 
           9.8.1 PROMINENT PAYMENT GATEWAY PLAYERS
                    FIGURE 35 COMPARATIVE ANALYSIS OF PROMINENT PAYMENT GATEWAY VENDORS
    9.9 VALUATION AND FINANCIAL METRICS OF KEY PAYMENT GATEWAY PROVIDERS 
           FIGURE 36 VALUATION AND FINANCIAL METRICS OF KEY PAYMENT GATEWAY VENDORS
10 COMPANY PROFILES (Page No. - 155)
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
     10.1 MAJOR PLAYERS 
             10.1.1 PAYPAL
                       TABLE 107 PAYPAL: BUSINESS OVERVIEW
                       FIGURE 37 PAYPAL: COMPANY SNAPSHOT
                       TABLE 108 PAYPAL: PRODUCTS OFFERED
                       TABLE 109 PAYPAL: PRODUCT LAUNCHES
                       TABLE 110 PAYPAL: DEALS
                       TABLE 111 PAYPAL: EXPANSIONS
             10.1.2 FISERV
                       TABLE 112 FISERV: BUSINESS OVERVIEW
                       FIGURE 38 FISERV: COMPANY SNAPSHOT
                       TABLE 113 FISERV: PRODUCTS OFFERED
                       TABLE 114 FISERV: PRODUCT LAUNCHES
                       TABLE 115 FISERV: DEALS
                       TABLE 116 FISERV: EXPANSIONS
             10.1.3 STRIPE
                       TABLE 117 STRIPE: BUSINESS OVERVIEW
                       TABLE 118 STRIPE: PRODUCTS OFFERED
                       TABLE 119 STRIPE: PRODUCT LAUNCHES
                       TABLE 120 STRIPE: DEALS
                       TABLE 121 STRIPE: EXPANSIONS
             10.1.4 VISA
                       TABLE 122 VISA: BUSINESS OVERVIEW
                       FIGURE 39 VISA: COMPANY SNAPSHOT
                       TABLE 123 VISA: PRODUCTS OFFERED
                       TABLE 124 VISA: DEALS
                       TABLE 125 VISA: EXPANSIONS
             10.1.5 AMAZON
                       TABLE 126 AMAZON: COMPANY OVERVIEW
                       FIGURE 40 AMAZON: COMPANY SNAPSHOT
                       TABLE 127 AMAZON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 128 AMAZON: DEALS
             10.1.6 MASTERCARD
                       TABLE 129 MASTERCARD: BUSINESS OVERVIEW
                       FIGURE 41 MASTERCARD: COMPANY SNAPSHOT
                       TABLE 130 MASTERCARD: PRODUCTS OFFERED
                       TABLE 131 MASTERCARD: PRODUCT LAUNCHES
                       TABLE 132 MASTERCARD: DEALS
             10.1.7 FIS
                       TABLE 133 FIS: BUSINESS OVERVIEW
                       FIGURE 42 FIS: COMPANY SNAPSHOT
                       TABLE 134 FIS: PRODUCTS OFFERED
                       TABLE 135 FIS: PRODUCT LAUNCHES
                       TABLE 136 FIS: DEALS
                       TABLE 137 FIS: EXPANSIONS
             10.1.8 BLOCK
                       TABLE 138 BLOCK: BUSINESS OVERVIEW
                       FIGURE 43 BLOCK: COMPANY SNAPSHOT
                       TABLE 139 BLOCK: PRODUCTS OFFERED
                       TABLE 140 BLOCK: PRODUCT LAUNCHES
                       TABLE 141 BLOCK: DEALS
                       TABLE 142 BLOCK: EXPANSIONS
             10.1.9 GLOBAL PAYMENTS
                       TABLE 143 GLOBAL PAYMENTS: BUSINESS OVERVIEW
                       FIGURE 44 GLOBAL PAYMENTS: COMPANY SNAPSHOT
                       TABLE 144 GLOBAL PAYMENTS: PRODUCTS OFFERED
                       TABLE 145 GLOBAL PAYMENTS: DEALS
             10.1.10 ADYEN
                                   TABLE 146 ADYEN: BUSINESS OVERVIEW
                                   FIGURE 45 ADYEN: COMPANY SNAPSHOT
                                   TABLE 147 ADYEN: PRODUCTS OFFERED
                                   TABLE 148 ADYEN: PRODUCT LAUNCHES
                                   TABLE 149 ADYEN: DEALS
                                   TABLE 150 ADYEN: EXPANSIONS
             10.1.11 APPLE
                                   TABLE 151 APPLE: BUSINESS OVERVIEW
                                   FIGURE 46 APPLE: COMPANY SNAPSHOT
                                   TABLE 152 APPLE: PRODUCTS OFFERED
             10.1.12 J.P. MORGAN
                                   TABLE 153 J.P. MORGAN: COMPANY OVERVIEW
                                   FIGURE 47 J.P. MORGAN: COMPANY SNAPSHOT
                                   TABLE 154 J.P. MORGAN CHASE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 155 J.P. MORGAN CHASE: PRODUCT LAUNCHES
                                   TABLE 156 J.P. MORGAN CHASE: DEALS
             10.1.13 ALIBABA GROUP
                                   TABLE 157 ALIBABA GROUP: COMPANY OVERVIEW
                                   FIGURE 48 ALIBABA GROUP: COMPANY SNAPSHOT
                                   TABLE 158 ALIBABA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 159 ALIBABA GROUP: DEALS
             10.1.14 RAZORPAY
             10.1.15 PHONEPE
             10.1.16 PAYSAFE
             10.1.17 VERIFONE
11 COMPANY PROFILES (Page No. - 213)
     11.1 STARTUPS/SMES 
             11.1.1 FIDELITY PAYMENT SERVICES
             11.1.2 EASEBUZZ
             11.1.3 BLUESNAP
             11.1.4 WINDCAVE
             11.1.5 HELCIM
             11.1.6 INFIBEAM AVENUES LIMITED (IAL)
             11.1.7 NOWPAYMENTS
             11.1.8 INSTAMOJO
             11.1.9 COINGATE
             11.1.10 IPPOPAY
             11.1.11 PAYJUNCTION
             11.1.12 LYRA NETWORK
12 ADJACENT/RELATED MARKETS (Page No. - 219)
     12.1 INTRODUCTION 
     12.2 DIGITAL PAYMENT MARKET 
             12.2.1 MARKET DEFINITION
             12.2.2 MARKET OVERVIEW
     12.3 SOLUTIONS 
               TABLE 160 DIGITAL PAYMENT MARKET, BY SOLUTION, 2018–2022 (USD MILLION)
               TABLE 161 DIGITAL PAYMENT MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
             12.3.1 DIGITAL PAYMENT MARKET, BY TRANSACTION TYPE
                       TABLE 162 DIGITAL PAYMENT MARKET, BY TRANSACTION TYPE, 2018–2022 (USD MILLION)
                       TABLE 163 DIGITAL PAYMENT MARKET, BY TRANSACTION TYPE, 2023–2028 (USD MILLION)
             12.3.2 DIGITAL PAYMENT MARKET, BY PAYMENT MODE
                       TABLE 164 DIGITAL PAYMENT MARKET, BY PAYMENT MODE, 2018–2022 (USD MILLION)
                       TABLE 165 DIGITAL PAYMENT MARKET, PAYMENT MODE, 2023–2028 (USD MILLION)
             12.3.3 DIGITAL PAYMENT MARKET, BY VERTICAL
                       TABLE 166 DIGITAL PAYMENT MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 167 DIGITAL PAYMENT MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.3.4 DIGITAL PAYMENT MARKET, BY REGION
                       TABLE 168 DIGITAL PAYMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 169 DIGITAL PAYMENT MARKET, BY REGION, 2023–2028 (USD MILLION)
     12.4 PAYMENT PROCESSING SOLUTIONS MARKET 
             12.4.1 MARKET DEFINITION
             12.4.2 MARKET OVERVIEW
             12.4.3 PAYMENT PROCESSING SOLUTIONS, BY PAYMENT METHOD
                       TABLE 170 PAYMENT PROCESSING SOLUTIONS MARKET, BY PAYMENT METHOD, 2018–2022 (USD MILLION)
                       TABLE 171 PAYMENT PROCESSING SOLUTIONS MARKET, BY PAYMENT METHOD, 2023–2028 (USD MILLION)
             12.4.4 PAYMENT PROCESSING SOLUTIONS MARKET, BY VERTICAL
                       TABLE 172 PAYMENT PROCESSING SOLUTIONS MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 173 PAYMENT PROCESSING SOLUTIONS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.4.5 PAYMENT PROCESSING SOLUTIONS MANAGEMENT MARKET, BY REGION
                       TABLE 174 PAYMENT PROCESSING SOLUTIONS MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 175 PAYMENT PROCESSING SOLUTIONS MARKET, BY REGION, 2023–2028 (USD MILLION)
13 APPENDIX (Page No. - 228)
     13.1 DISCUSSION GUIDE 
     13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     13.3 CUSTOMIZATION OPTIONS  
     13.4 RELATED REPORTS 
     13.5 AUTHOR DETAILS