According to the latest report by IMARC Group, titled, “GCC Payment Gateway Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the GCC payment gateways market is expected to continue its strong growth during the forecast period (2021-2026).
The payment gateway works as an intermediary between various e-commerce websites and banks by facilitating the transaction of payments. It protects the user from fraudulent activities by securing their sensitive data, such as debit and credit card numbers, Card Certification Value (CVV), and other bank account details. Payment gateways also use the HTTPS protocol that prevents personal information for the transaction and provides numerous other benefits, such as expense and loss management, a user-friendly interface and time efficiency.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/gcc-payment-gateway-market/requestsample
The GCC payment gateway market is primarily driven by the growing adoption of online financial services across the BSFI and e-commerce sectors. Additionally, the increasing use of mobile wallets due to rising internet penetration and constant advancements in mobile payment technologies is also bolstering the market growth across GCC countries. Furthermore, the payment gateways also help the organizations, including both brick-and-mortar stores and online retail platforms, to collect money without compromising their sensitive data. Besides this, growing investments in fintech startups based on payment and crowdfunding and elevating disposable income of the consumer are projected to drive the market for payment gateways in the GCC region over the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
For more information about this report visit: https://www.imarcgroup.com/gcc-payment-gateway-market
GCC Payment Gateway Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis of Mode of Interaction, Application and Region.
Breakup by Application:
Micro and Small 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:
Browse related reports:
Lawful Interception Market Size: https://bit.ly/3iOFBvd
Real-Time Bidding Market Size: https://bit.ly/3b06oTs
India Biometrics Market Size: https://bit.ly/3vHibhi
Enterprise Content Management Software Market Size: http://bit.ly/2RQbTcj
Gaming Peripherals Market Size: https://bit.ly/3uhltri
Flash Memory Card Market Size: https://bit.ly/3eTDW6x
Contract Lifecycle Management Software Market Size: http://bit.ly/30KyquK
Game-Based Learning Market Size: https://bit.ly/3vDBSqa
Wireless POS Terminals Market Size: http://bit.ly/2MMZXFF
Digital Classroom Market Size: https://bit.ly/2RoKkdU
Digital Camera Market Size: http://bit.ly/2S00mud
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.
30 N Gould St
Sheridan, WY 82801
Follow us on twitter: @imarcglobal