Payment gateway refers to a technology that enables various organizations, including corporate, merchants, government entities, to process online transactions by means of credit or debit card payments. This technology first reads the cards for payment and then send the information of the customer to the merchant acquiring bank for processing the payment. The payment gateway supports online payment either on the internet or by any other electronic channel such as Interactive voice recognition, a call center with secure protection and integrity.

The factors responsible for driving the growth of the Asia-pacific payment gateway market include easy integration, flexibility, and cost-effective features. Moreover, the rising use of mobile phones and online transactions are some factors bolstering the growth of the Asia-pacific payment gateway market. The increased processing security, reliability and real-time data analysis coupled with the growing investments to implement advanced technologies such as artificial intelligence, internet of things, are some factors leading the demand for the payment gateways in the market in the forecast period. In addition, the multiple-currency payment acceptability along with the ease in integration is fuelling the growth of the Asia-pacific payment gateway market.

The factors which are restraining the growth of the Asia-pacific payment market are the risk of sensitive information, uneasiness for the customers, and the vulnerability to cybercriminals. The lack of trust among the individuals and the necessity of the internet are some factors responsible for hindering the growth of the Asia-pacific payment gateway market.

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Various notable players in the Asia-pacific payment gateway market include Alipay, Tenpay Payment Technology Co. Ltd., PayEase Inc., AsiaPay Limited, NTT Communications Ltd., Red Dot Payment Pte Ltd., MOLPay Sdn Bhd, 2C2P, econtext Asia Limited, Stripe, CCAvenue and PayU Money among others.

The Asia-pacific payment gateway market has been segmented on the basis of Type, Organization Size, Vertical, and Country. Based on the type market is categorized into hosted payment gateway, non-hosted payment gateway, and direct payment gateway. On the basis of organization, size market is categorized into small & medium enterprises and large enterprises. Based on vertical market is categorized into retail, travel& hospitality, BFSI, utilities, education, and others and by Country.

Key questions answered in this research report:
1- At what pace is the Asia-pacific payment gateway market growing? What will be the growth trend in the future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Asia-pacific payment gateway market?
4- What are the various application areas and how they are poised to grow?

Market Segmentation
By Type
• Hosted payment gateway
• Non-hosted payment gateway
• Direct payment gateway

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By Organization size
• Small & Medium Enterprises
• Large Enterprises

By Vertical
• Retail
• Travel& hospitality
• BFSI
• Utilities
• Education
• Others

By Country
• China
As a part of the customization
o By Type
o By Organization size
o By Vertical

• Japan
As a part of the customization
o By Type
o By Organization size
o By Vertical

• South Korea
As a part of the customization
o By Type
o By Organization size
o By Vertical

• India
As a part of the customization
o By Type
o By Organization size
o By Vertical

• Australia
As a part of the customization
o By Type
o By Organization size
o By Vertical

• Others
As a part of the customization
o By Type
o By Organization size
o By Vertical

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