QYR Market Research Global Online Payment Gateway market research | Page 3

QYResearch
An online payment gateway is a system connecting the merchant and
the bank to facilitate online transactions. The term particularly
refers to the server that transfers the customer’s credit card
information to the Internet Merchant Account for assessment.
Online payment gateways have wide range of applications, such as
Micro and Small Enterprise, Large Enterprise, Mid- Sized
Enterprise. And Micro and Small Enterprise was the most widely
used area which took up about 61.09% of the global total in 2017.
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