United States Payment Gateway Market Outlook 2023-2028 | Industry Opportunity & Growth Analysis

According to the latest report by IMARC Group, titled, “United States Payment Gateway Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the United States payment gateways market reached US$ 5,290.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 7,294.5 Million by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.

The United States payment gateways market is primarily propelled by the expanding e-commerce sector along with the increasing disposable income levels of the consumers. Moreover, payment gateways assist organizations, like brick-and-mortar stores and online retail platforms, to collect money without compromising sensitive data. Besides this, the rising adoption of the Internet of Things (IoT), artificial intelligence (AI), cloud computing and near field communications (NFC) has simplified the bill payment process by minimizing the requirement for physical cards.  Furthermore, various leading companies in the United States are expanding their consumer base by providing various cashback schemes, discounts, rebates etc., to expand their customer base, which will continue to further drive the market for payment gateways in the coming years.

Large Enterprises

Micro and Small Enterprises

Mid-Size Enterprises

 

Hosted Payment Gateways

Pro/Self-Hosted Payment Gateways

API/Non-Hosted Payment Gateways

Local Bank Integrates

Direct Payment Gateways

Platform-Based Payment Gateways

 

Northeast

Midwest

South

West

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