Platform Based Payment Gateway Market Report 2026

The platform based payment gateway market size has grown rapidly in recent years. It will grow from $36.66 billion in 2025 to $40.52 billion in 2026 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to growth of e-commerce platforms, rising digital transaction volumes, increasing smartphone penetration, expansion of online service marketplaces, adoption of cashless payment systems.

The platform based payment gateway market size is expected to see rapid growth in the next few years. It will grow to $59.84 billion in 2030 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to increasing demand for real-time payments, rising adoption of cryptocurrency payments, expansion of embedded finance models, growing regulatory compliance requirements, increasing investments in payment security technologies. Major trends in the forecast period include increasing integration of multi-payment options, rising adoption of api-based gateway platforms, growing focus on fraud detection and prevention, expansion of cross-border payment capabilities, enhanced emphasis on scalable cloud deployment.

The growth of e-commerce is expected to drive the expansion of the platform-based payment gateway market. E-commerce involves conducting commercial transactions online through the internet, and its rise is fueled by increasing internet penetration, which provides consumers with reliable access to convenient shopping anytime and anywhere. Platform-based payment gateways strengthen e-commerce ecosystems by enabling seamless integration with online stores, allowing secure and efficient transactions. These gateways streamline the checkout process by supporting multiple payment options, enhancing customer experience and boosting conversion rates. For example, according to the United States Census Bureau in February 2025, total e-commerce sales reached $1.19 trillion in 2024, an 8.1% increase from 2023. Therefore, the surge in e-commerce is accelerating growth in the platform-based payment gateway market.

Key players in the platform-based payment gateway market are developing innovative solutions such as unified payments interface (UPI)-based platforms to improve convenience, speed, and interoperability in digital payments. UPI-based payment platforms leverage India’s Unified Payments Interface to enable seamless, real-time, and secure transactions across multiple banks and merchants. For instance, in August 2024, Setu, an India-based software firm, partnered with Axis Bank to launch UPISetu, a UPI-focused payments platform. UPISetu simplifies merchant transactions by providing a unified, interoperable solution supporting all UPI payment apps, including PhonePe, Google Pay, and Paytm. It allows businesses to accept UPI payments without needing multiple QR codes, streamlining operations and enhancing customer checkout experiences. The platform also offers dynamic QR generation and instant settlements, reducing friction in digital payments for both merchants and consumers.

In March 2025, UK-based fintech Rapyd Financial Network acquired PayU Global Payment Organisation (GPO), a Netherlands-based payment gateway provider, for an undisclosed sum. This acquisition aims to expand Rapyd’s global reach, strengthen its platform-based payment gateway offerings, and boost its presence in emerging markets by providing a unified solution for both local and cross-border payments.

Major companies operating in the platform based payment gateway market are PayPal Holdings Inc., MOLPay Sdn. Bhd., Worldpay Group plc, Klarna Bank AB, Alipay.com Co. Ltd., Stripe Inc., Skrill Ltd., Paytm, CyberSource Corporation, PayU Group, CCBill LLC, One MobiKwik Systems Ltd., Beanstream Inc., BillDesk, Wirecard AG, WePay Inc., Realex Payments Ltd., PesoPay Sdn. Bhd., Eway Pty Ltd, Mercado Pago S.A.

North America was the largest region in the platform-based payment gateway market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the platform based payment gateway market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the platform based payment gateway market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The platform-based payment gateway market consists of revenues earned by entities by providing services such as online payment processing, recurring payments and subscriptions, multi-currency support, fraud detection and risk management, and payment link generation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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