India Payment Gateways Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28
                     India Payment Gateways 
Market Research and 
Forecast Report 2023-
2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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las t ing resul ts .
Acco r d ing  t o  t he  l a t e s t  r epo r t  by  I M ARC G r oup ,  t i t l ed  " I n d i a  Pay men t  G at ew ays  
M ar ke t :  I nd ust ry  T r ends ,  Sha re ,  S i ze ,  G row t h ,  O ppo r t un i t y  a nd  For ecas t  202 3 -
2028 , "  t he  I nd i a  paym en t  ga t e ways  m ar ke t  s i z e  r ea ched  US $  1 , 459 . 7  M i l l i on  i n  
2022 .
Report Paym en t  G a t ew ays  a r e  ess en t i a l  f i n anc ia l  t oo l s  t ha t  f ac i l i t a t e  s ecu r e  a nd  seam less  on l i ne  t r an sac t io ns  b e t wee n  m e r chan t s  an d  cus t om e r s .  I t  ac t s  as  a n  i n t e r m ed i a r y  
be t w een  t h e  t wo  pa r t i es  a nd  secu r e l y  au t ho r i zes  and  p r o cesse s  paym en t  
Highlight and t r an sac t io ns ,  ensu r ing  sens i t i ve  p aym en t  i n f o r m a t io n ,  s uch  as  c r ed i t  ca r d  de t a i l s ,  
r em a ins  e nc r y p t ed  and  p r o t ec t ed  f r om  po t en t i a l  f r aud  o r  una u t ho r i zed  acce ss .  
Thes e  ga t ewa ys  en ab le  bus i nesse s  t o  acc ep t  va r i ou s  pay m en t  m e t hods ,  i nc lu d ing  
Description c r ed i t  ca r ds ,  deb i t  ca r ds ,  d ig i t a l  wa l l e t s ,  and  eve n  c r y p t ocu r r en c ies ,  p r ov id ing  
cus t o m er s  w i t h  co nven i en t  and  f l ex ib le  paym en t  op t i on s .  Th ey  p la y  a  c r uc ia l  r o le  i n  
e - co m m er ce ,  e nab l i ng  m er cha n t s  t o  expa nd  t he i r  r ea ch  and  ca t e r  t o  a  d i v e r se  
cus t o m er  bas e .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / ind ia - pay m en t - ga t eways - m a r ke t / r equ es t sa m p le
Report Description
I nd i a  Pay ment  G at ew a ys  M arke t  T re nds :
The  expa nd in g  e - com m er ce  i s  d r i v i ng  t h e  m ar k e t  in  I n d ia .  As  con sum er s  i nc r e as in g l y  sh i f t  t ow ar ds  on l i n e  sho pp ing ,  
bus ine sses  ne ed  r e l i ab l e  pa ym en t  s o lu t i o ns  t o  p r ocess  t r a nsac t i ons  e f f i c i en t l y .  Pay m en t  ga t eways  o f f e r  a  secu r e  an d  
use r - f r i en d l y  way  t o  h and le  on l i ne  paym en t s ,  m ak in g  t hem  in d i sp en sab le  f o r  e - c om m er ce  p l a t f o r m s  an d  bus in esses  o f  a l l  
s i zes .  M or eo ve r ,  t h e  r i se  i n  m ob i l e  d ev i ce  u sage  and  t h e  popu la r i t y  o f  m ob i l e  com m e r ce  h ave  d r i v en  t h e  de m an d  f o r  
paym en t  g a t ew ays  t ha t  a r e  op t im ized  f o r  m ob i le  t r an sac t i ons .  
W i t h  t h e  p r o l i f e r a t i o n  o f  s m ar t pho nes  and  m ob i l e  wa l l e t s ,  con sum er s  expe c t  seam less  and  conv en ien t  pa ym en t  
expe r ience s  on  t he i r  h andh e ld  de v i ces ,  f u r t he r  f ue l i ng  t he  g r ow t h  o f  t he  p aym e n t  ga t eway  m a r ke t .  A l so ,  t he  g r ow t h  o f  
i n t e r na t i on a l  t r ad e  o f  bu s ines ses  ha ve  nece ss i t a t ed  pa ym en t  so lu t i ons  t h a t  ca n  hand l e  c r oss - bo r de r  t r ansac t i ons .  
Fu r t h e r m o r e ,  co n t i nu a l  a dvanc em e n t s  i n  c l oud  com pu t ing ,  a r t i f i c i a l  i n t e l l i g ence  ( A I ) ,  an d  d a t a  ana l y t i c s  have  enha nce d  
t he  c apab i l i t i es  o f  p aym e n t  ga t ewa ys .
Look i ng  f o r w ard ,  t he  m arke t  v a l ue  i s  p ro j e c t ed  t o  r each  U S$  2 , 89 7 . 6  M i l l i o n  b y  2028 ,  expa nd i ng  a t  a  CAG R o f  
11 . 6 % du r i ng  2023 - 2028 .
V i ew  Repo r t  T O C,  F i g ures  and  T ab l e s :  h t t ps : / / w w w . i mar cgrou p . com / i n d i a - paym ent - g a t e w ays- mar ke t
Application Insights:
• Large Enterpr ises
• Micro and Small  Enterpr ises
• Mid-Size Enterpr ises
 
Mode of Interaction Insights:
Report 
• Hosted Payment Gateways
Segmentation • Pro/Self-Hosted Payment Gateways
• API/Non-Hosted Payment Gateways
• Local  Bank Integrates
• Direct  Payment Gateways
• Platform-Based Payment Gateways
Regional Insights:
• North India
• West and Central  India
• South India
• East India
Report 
Segmentation
What was the size of the India payment gateways 
market in 2022?
What is the expected growth rate of the India payment 
gateways market during 2023-2028?
Key What are the key factors driving the India payment 
gateways market?
Questions 
Answered in What has been the impact of COVID-19 on the India payment gateways market?
the Report
What is the breakup of the India payment gateways 
market based on the application?
What is the breakup of the India payment gateways 
market based on the mode of interaction?
What are the key regions in the India payment 
gateways market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     I n d i a  P a y m e n t  G a t e w a y s  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    6 . 1     L a r g e  E n t e r p r i s e s
        6 . 1 . 1     M a r k e t  T r e n d s
        6 . 1 . 2     M a r k e t  F o r e c a s t
    6 . 2     M i c r o  a n d  S m a l l  E n t e r p r i s e s
        6 . 2 . 1     M a r k e t  T r e n d s
        6 . 2 . 2     M a r k e t  F o r e c a s t
    6 . 3     M i d - S i z e  E n t e r p r i s e s
        6 . 3 . 1     M a r k e t  T r e n d s
        6 . 3 . 2     M a r k e t  F o r e c a s t
7     M a r k e t  B r e a k u p  b y  M o d e  o f  I n t e r a c t i o n
       
    7 . 1     H o s t e d  P a y m e n t  G a te w a y s
        7 . 1 . 1     Ma r k e t  T r e n d s
        7 . 1 . 2     Ma r k e t  F o r e c a s t
    7 . 2     P r o / S e l f - H o s te d  P a y m e n t  G a t e w a y s
        7 . 2 . 1     Ma r k e t  T r e n d s
        7 . 2 . 2     Ma r k e t  F o r e c a s t
    7 . 3     A P I / N o n - H o s t e d  P a y m e n t  G a t e w a y s
        7 . 3 . 1     Ma r k e t  T r e n d s
        7 . 3 . 2     Ma r k e t  F o r e c a s t
    7 . 4     L o c a l  B a n k  I n t e g r a te s
Table of         7 . 4 . 1     Ma r k e t  T r e n d s        7 . 4 . 2     Ma r k e t  F o r e c a s t
    7 . 5     D i r e c t  P a y m e n t  G a t e w a y s
        7 . 5 . 1     Ma r k e t  T r e n d s
Contents         7 . 5 . 2     Ma r k e t  F o r e c a s t
    7 . 6     P l a t f o r m - B a s e d  P a y m e n t  G a te w a y s
        7 . 6 . 1     Ma r k e t  T r e n d s
        7 . 6 . 2     Ma r k e t  F o r e c a s t
8     M a r k e t  B r e a k u p  b y  R e g i o n
    8 . 1     N o r t h  I n d i a
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  B r e a k u p  b y  S t a t e
        8 . 1 . 3  M a r k e t  F o r e c a s t
    8 . 2     W e s t  a n d  C e n t r a l  I n d i a
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  B r e a k u p  b y  S t a t e
        8 . 2 . 3  M a r k e t  F o r e c a s t     
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