Europe Payment Gateways Market 2021-26 | Size, Demand, Share, Trends and Analysis

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Europe Payment Gateways Market 2021-26 | Size, Demand, Share, Trends and Analysis

Posted By Abhay Kumar     March 21, 2023    


According to the latest report by IMARC Group, “Europe Payment Gateways Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Europe payment gateways market is expected to continue its moderate growth during the forecast period (2021-2026).

Payment gateways refer to the service providers that act as intermediaries between e-commerce websites and banks by facilitating transactions of payments. They deal with sensitive data, including debit and credit card numbers, Card Certification Value (CVV) and other bank account details. Payment gateways also use the HTTP protocol to complete the order submission that encrypts the personal information and offers various benefits, such as a user-friendly interface, expense and loss management, and time efficiency.

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The European payment gateways market is primarily propelled by the rising use of mobile wallets and the advancements in mobile payment technology. Besides this, the growing adoption of artificial intelligence (AI), the Internet of Things (IoT), cloud computing and near-field communications (NFC) has simplified the bill payment process by minimizing the requirement for physical cards. Furthermore, the expanding e-commerce sector and increasing purchasing power of the European population are also bolstering the market growth. Moreover, payment gateways assist organizations, like brick-and-mortar stores and online retail platforms, to collect money without compromising sensitive data. Besides this, the rising investments by regional market players in fintech startups based on payment and crowdfunding are also expected to further stimulate the market for payment gateways in the coming years.

The report has segmented the market on the basis of Mode of Interaction, Application and Region.

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 Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

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Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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