1. HOME
2. Research Insight
3. Top Companies in Payment Gateway Industry - Stripe (Ireland) and Fiserv (US)

The global payment gateway market size is projected to grow from USD 26.7 billion in 2024 to USD 48.4 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. Payment gateways equipped with advanced analytics tools are becoming increasingly sought after by businesses eager to gain deeper insights into customer behavior. These analytics capabilities enable businesses to track payment trends, understand customer preferences, and identify emerging market opportunities. By analyzing transaction data, businesses can uncover valuable insights such as purchasing patterns, peak sales periods, and popular product categories. This information empowers businesses to optimize their marketing strategies, tailor product offerings, and enhance the overall customer experience. Additionally, payment gateways with robust analytics capabilities enable businesses to identify and mitigate potential fraud risks by detecting suspicious patterns and anomalies in transaction data. As competition intensifies and consumer expectations evolve, leveraging data-driven insights has become essential for businesses seeking to stay ahead in today's dynamic marketplace.

Key and innovative vendors in the payment gateway market JP Morgan (US), Paypal (US), Amazon (US), Visa (US), Mastercard (US), PhonPe (India), Razorpay (India), Alibaba (China), Stripe (Ireland), Adyen (Netherlands), Block, Inc (US), FIS (US),  Global Payments (US), Apple (US), Fiserv (US), Verifone (US), Paysafe (UK), Fidelity payments (US), Easebuzz (India), Bluesnap (US), Windcave (US), Helcim (US), Instamojo (India), Infibeam Avenue (US), NOWPayments (Netherlands), CoinGate (Lithuania), Ippopay (India), PayJunction (US), Lyra Network (US). The market players have adopted various strategies to strengthen their payment gateway market position. Organic and inorganic strategies have helped the market players expand globally by providing payment gateway solutions.

To know about the assumptions considered for the study download the pdf brochure

Fiserv

Fiserv, established by Leslie M. Muma and George D. Dalton in July 1984 and headquartered in Brookfield, Wisconsin, USA, is a prominent global provider of financial technology solutions. Offering a diverse portfolio of software, hardware, and professional services to banks, investment firms, and other financial institutions, Fiserv aims to enhance operational efficiency, reduce costs, and elevate customer experiences. The company operates across segments, including Payments, Financial, and Corporate and Others. The Payments segment focuses on electronic bill payment, internet and mobile banking software, account-to-account transfers, card processing, and other electronic payment services. The Financial segment delivers account processing, item processing, loan origination, cash management, and consulting services. The Corporate and Others segment encompasses intercompany eliminations, amortization of acquisition-related intangible assets, unallocated corporate expenses, and other non-segment-specific activities.

Stripe

Stripe develops APIs and tools that enable businesses to accept and manage online payments. It supports international debit or credit cards, such as Visa, Mastercard, American Express, Discover, Diners Club, and JCB. Its products include Payments, a toolkit built for developers; Subscriptions, to build and manage recurring billing; Stripe Connect, a routing and payout engine to accept money and pay third parties; Stripe Sigma, a tool that enables businesses to analyze their Stripe data and get business insights; Stripe Atlas, a tool for establishing the internet business; Stripe Radar, a tool to scan payments for fraud detection; Stripe Elements, prebuilt user interface components that enable developers to design a custom payment form that works across devices; and Stripe Checkout, an embeddable payment method for desktops, tablets, and mobile devices to accept payments. The company caters to web and mobile businesses in the US, UK, Canada, Australia, and various European countries. Stripe operates through nine global offices, including San Francisco, Tokyo, Dublin, London, and Singapore, and has over 4,000 employees.

Related Reports:

Payment Gateway Market by Type (Hosted, Self-hosted), Vertical (Retail & E-commerce, BFSI, Telecom, Healthcare, Media & Entertainment, Travel & Hospitality, IT & ITeS) and Region - Global Forecast to 2029

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]