Market overview:
Master Card Market is anticipated to expand at a 12.8% CAGR from 2018 to 2023 (forecast period), according to the latest report by Market Research Future (MRFR). The increasing inclination of customers towards cashless and cardless payments is expected to drive the market growth. The penetration of smartphones into consumer lifestyles has induced the need for online payment applications and expects to bolster market demand during the forecast period
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add advertising hereMaster Card Market is a leading provider of digital solutions for mobile, online and mobile banking customers.We provide digital payment solutions, merchant services as well as banking and financial services through multiple channels. We develop and maintain digital products infused with state-of-the-art technologies that address bandwidth issues, high transaction rates and broad acceptance globally.
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Competitive Landscape
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add advertising hereKey players operating in the online payment gateway market include First Data Corp. (U.S.), Adyen NV (Netherlands), Amazon.com, Inc. (U.S.), CASHU (UAE), Stripe (U.S.), GMO Payment Gateway, Inc. (Japan), Verizon Communications, Inc. (U.S.), Alibaba Group Holding Ltd. (China), 2Checkout.com, Inc. (U.S.), Visa, Inc. (U.S.), CCBill, LLC (U.S.), Tencent Holdings Ltd. (China), SecurePay Pty Ltd. (Australia), PayPal Holdings, Inc. (U.S.), Naspers Ltd. (South Africa), Worldpay, Inc. (U.S.), Global Payments, Inc. (US), and Wirecard AG (Germany).
Market Segmentations
Type
Pro/Self Hosted Payment Gateways
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add advertising herePlatform-Based Payment Gateway Solution
Local Bank Integrates
Application
Micro & Small Enterprise
Mid-size Enterprise
Large Enterprise
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Research Methodology
At MRFR, our research analysts conduct a thorough objective analysis of the market when creating market reports by adhering to a rigorous set of standards that allow a truly comprehensive view of the market. Use of primary research strategies such as interviews with top executives of the various payment applications and payment service providers. Secondary research entails a thorough analysis of past and present trends in a forward-looking manner. Additionally, market size estimation and validation use both top-down & bottom-up approaches to obtain data from the value and supply chain. Credible resources are accessed and verified by analysts to understand the nuances of market factors with consistency. Competent data analysts use strong analytical tools to ascertain accurate analysis of very relevant parameters in an effort to provide clients with a conclusive and dependable view of the future.
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About Market Research Future:
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