Payment Gateway Market Report 2026

The payment gateway market size has grown rapidly in recent years. It will grow from $44.55 billion in 2025 to $53 billion in 2026 at a compound annual growth rate (CAGR) of 19%. The growth in the historic period can be attributed to expansion of e-commerce platforms, increasing online transaction volumes, rising adoption of digital payments, growth of cross-border trade, increasing merchant acceptance of electronic payments.

The payment gateway market size is expected to see rapid growth in the next few years. It will grow to $104.72 billion in 2030 at a compound annual growth rate (CAGR) of 18.6%. The growth in the forecast period can be attributed to rising demand for real-time payment processing, increasing integration of alternative payment methods, growing focus on frictionless checkout experiences, expansion of global digital commerce, increasing investments in scalable payment infrastructure. Major trends in the forecast period include expansion of multi-currency payment acceptance, increasing adoption of api-based payment integration, growing focus on seamless omnichannel payment experiences, rising demand for faster settlement cycles, enhanced emphasis on transaction security and reliability.

The escalating adoption of digital payments is anticipated to drive the expansion of the payment gateway sector. Digital payments, characterized by cashless and check-free electronic transactions, rely on various methods such as credit cards, debit cards, mobile wallets, and online payment systems. As of September 2023, approximately 17% of expenditures in the UK's retail, leisure, and hospitality sectors were conducted through digital wallets, projected to soar to $160.5 billion (£127.7 billion) by 2027-2028 and potentially double to 39.7% of total transactions, around $263.94 billion (£210 billion) by 2033. This trend is fueling the growth of payment gateway services facilitating secure connections between businesses' websites and payment processors.

Strategic partnerships have become a prevailing approach among major players in the payment gateway industry. These collaborations leverage the strengths and resources of each entity to achieve mutual benefits and expand market reach. For example, in July 2023, Razorpay, an Indian fintech company, partnered with Curlec, a Malaysian provider of comprehensive payment solutions. This collaboration aimed to launch the Curlec by Razorpay international payment gateway in Malaysia, bridging local and international payment challenges in emerging markets, and offering a unified payment gateway solution.

In February 2023, Cashfree Payments, an Indian payment and banking technology firm, completed the acquisition of Zecpe for an undisclosed sum. This strategic move aims to bolster Cashfree Payments' capabilities in Direct-to-Consumer (D2C) checkouts, empowering their merchants with a more comprehensive end-to-end checkout and payment process. Zecpe, recognized for enabling merchants to improve conversion rates and facilitate incremental growth, perfectly aligns with Cashfree Payments' strategic goals. This acquisition will equip Cashfree Payments to offer additional value-added services such as reducing Return to Origin (RTO) instances, enhancing fraud detection, and streamlining address pre-filling. It strongly resonates with Cashfree Payments' commitment to enhancing the overall customer experience for their merchant base. Zecpe, based in India, specializes in providing a one-click checkout platform.

Major companies operating in the payment gateway market are Adyen NV, PayU Group, Amazon Payments Inc., PayPal Holdings Inc., Authorize.Net, BitPay Inc., WePay Inc., Braintree Payment Solutions LLC, Stripe Inc., BluePay Services Private Limited, Skrill Limited, Payline Data Services LLC, Worldpay Inc., Alipay.com, Paytm Mobile Solutions Pvt. Ltd., Square Inc., 2Checkout.com Inc., BlueSnap Inc., CCBill LLC, Dwolla Corp., First Data Corporation, Mollie B.V., Global Payments Inc., SecurePay Ltd., HyperPay Co. Ltd., Instamojo Technologies Pvt. Ltd.

North America was the largest region in the payment gateway market in 2025.Asia-Pacific is expected to be the fastest-growing region in the global payment gateway market report during the forecast period. The regions covered in the payment gateway market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the payment gateway market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The payment gateway market includes revenues earned by entities through on-site payments, redirected payment gateways, mobile payments, and payment security services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The payment gateway market consists of sales of payment card readers and point-of-sale (POS) terminals used in payment gateway services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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