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A payment gateway is an e-commerce application that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar businesses. It transmits Transaction information to Acquiring Banks and responses from Issuing Banks (such as whether a transaction is approved or declined). In other words, the transaction flows through the payment gateway, to the
Table of Content
1 Industry Overview
1.1 Payment Gateways Industry
Figure Payment Gateways Industry Chain Structure
1.1.1 Overview
1.1.2 Development of Payment Gateways
1.2 Market Segment
1.2.1 Upstream
Table Upstream Segment of Payment Gateways
1.2.2 Downstream
Table Application Segment of Payment Gateways