Boston, MA – June 13, 2014 – Global smartphone adoption continues to support the proliferation of electronic commerce throughout the daily lives of consumers around the world. Virtually any product can be purchased from a mobile device, taxis ordered and fares paid, hotel and dinner reservations made. Much of this progress would not be possible without innovative payment gateway software. Noted for easy-to-integrate application programming interfaces, prebuilt and configurable checkout pages, fast or even instant merchant account approval, and support for an impressive number of payment types and currencies, gateway providers deserve much of the credit for enabling e-commerce in new scenarios.
Mercator Advisory Group’s most recent Research Report, Payment Gateways Unlock Global E-Commerce Opportunities, examines the competitive landscape for e-commerce gateway services, reviews emerging product functionality and business models, and highlights particular functionality from several provider’s solutions to illustrate the range of services in the market.
“E-commerce is one of fastest growing segments as well as one of the largest potential opportunities in the payments industry,” comments Michael Misasi, senior analyst at Mercator Advisory Group and author of the report. “Competition among gateway providers has intensified and will continue to increase as firms strive to capture their share of the global e-commerce pie.”
This report contains 21 pages and 12 exhibits.
Companies mentioned in this report include: 2Checkout, Adyen, Authorize.Net, Beanstream, BlueSnap, Braintree, Chase Paymentech, CyberSource, DataCash, Forte, Litle Paymentech, Paymill, PayPal, Simplify Commerce, Stripe.
Members of Mercator Advisory Group’s Credit Advisory Service and Emerging Technologies Advisory Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access, and other membership benefits.