SELBYVILLE, Del., July 22, 2021 /PRNewswire/ — Global Market Insights Inc. has recently added a new report on the payment gateway market, which estimates the market valuation for payment gateway will cross US $60 billion by 2027 due to increasing demand for secure digital payments and mobile payment technology.

Rising internet penetration across the globe is boosting the payment gateway market demand. The increasing internet penetration is enabling customers to use various digital payment methods such as net banking and mobile wallets. The security of online transactions is the major challenge faced by both customers and businesses. The payment gateway helps businesses to perform online transactions in a more secure way. The growing demand for various smartphone-based digital…

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