Payment gateway market projected to grow from USD 26.1 billion in 2022 to USD 161 billion by 2032 with a CAGR of 20.5%. Driven by e-commerce growth, mobile payments, and demand for secure transactions, innovation, and compliance are key to gaining market share. North America leads, but Asia-Pacific is emerging rapidly due to mobile wallet adoption. Key players are focusing on AI and security to enhance offerings.
