QYR Market Research Global Payment Gateways market research | Page 4

QYResearch
• A 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.
• China is the largest countries of Payment Gateways in the world in the
past few years and it will keep increasing in the next few years. China
market took up about 26.93% the global market in 2016, while USA and
Europe were about 18.86%, 23.50%.
• USA, Germany, UK, France, Canada, etc. are now the key developers of
Payment Gateways. There are a few vendors to develop Payment
Gateways in China, such as Alipay and Tenpay.
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