Online Payment Gateway Market

Company Headquarter: Germany Founded: 1999 Workforce: ~4,500 Company Working: Wirecard AG engages in the provision of software and information technology for payment processing and issuing products in the field of outsourcing and white label industry. It operates through the following segments: payment processing and risk management, acquiring and issuing, and call centre and communication services. The payment processing and risk management segment refer to the products and services, which involves in acceptance and transactions and the downstream processing of electronic payments and associated processes. The acquiring and issuing segment offers retailers a payment transactions solutions and settlement services, as well as credit card sales for online and terminal payments.

Company Headquarter: UAE Founded: 2002 Workforce: ~100 Company Working: CASHU provides users with a safe payment solution designed for and customized to suit, serve and support online shoppers in the Middle East and North Africa (MENA) with secure, accessible and easy to use payment solutions. CASHU is a payment platform that is built upon, and encapsulates updated fraud prevention and AML systems, reducing the risks associated with online payments for both buyers and sellers allowing a wider, safer, and faster consumer participation in e-commerce.

Company Headquarter: Brazil Founded: 2010 Workforce: ~100 Company Working: PagBrasil is one of the leading Brazilian FinTech company that engages in the processing of payments in Brazil to pay for e-commerce businesses around the globe. Its clientele includes multinational companies selling in Brazil with or without a local subsidiary. PagBrasil provides services such as cross-border transactions and domestic transactions. Its payment methods comprise Boleto Bancário, domestic credit cards (Visa, MasterCard, Diners, Amex, Hipercard, Elo, Aura, and Cabal), credit card payments with installments, recurring and one-click payments, debit cards, online banking transfer, national wire transfer, and cash deposits. Boleto bancário is a push payment system regulated by the Central Bank of Brazil for enterprises as well as with consumers who don’t own a credit card or just prefer the security of offline or cash payments. The PagBrasil gateway is a back-end service provided by payment processors that facilitate credit card payment transactions by transferring information between online stores and card acquirers.

Company Headquarter: China Founded: 1999 Workforce: ~44,800 Company Working: Tencent Holdings Limited (Tencent) provides a range of integrated Internet platforms offering various services, including communications, social networking, online games, information, and video content. Tencent operates through three business segments: value-added services (VAS), online advertising, and others. Its operations are divided into six business lines: social networks, payment, entertainment, information, utilities, and platform services. The payment business line comprises various payment platforms which include Tenpay, Weixin/WeChat Pay, and QQ Wallet. Tenpay is an online payment platform in China. The platform supports online payment transactions for individuals and corporate users with secure and professional services. Weixin/WeChat Pay is a payment solution which enables its users to have quick payment transactions on their mobile phones.

Company Headquarter: US Founded: 2000 Workforce: ~155,400 Company Working: Verizon Communications Inc. (Verizon or "the company") is the leading provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. Verizon's operations span across two business segments: wireless and wireline. The company's enterprise solutions offer mobility, Internet of Things (IoT) services, cloud, business communications services, security, and networking. The company has a presence in over 150 countries around the world. Verizon Enterprise Solutions LLC, a subsidiary of Verizon, designs, builds and operates the networks, information systems, and mobile technologies that help businesses and governments around the globe to expand their reach, increase productivity, improve agility, and maintain longevity. Verizon mobile point of service is powered by the Internet of Things (IoT) to deliver products and services quickly and securely using machine-to-machine (M2M) technology, mobile kiosks, and devices.

Company Headquarter: South Africa Founded: 1915 Workforce: ~24,400 Company Working: Naspers Limited is a multinational media company that engages in the provision of platform, print media, Internet services, technology products, and book publishing. The company through its subsidiaries, joint ventures, and associated companies, is engaged in the operation of the Internet and instant messaging subscriber platforms, and e-commerce platforms. It operates through the following business segments: Internet, video entertainment, media, and corporate services. The Internet segment offers a range of services through e-commerce platforms, including consumer-to-consumer (C2C), business-to-consumer (B2C), payments, and Naspers ventures. The company offers payment services for goods and services bought online under the PayU brand. PayU is the FinTech and e-payments division of Naspers, a global Internet and entertainment group and one of the largest technology investors in the world. Its products include a digital consumer wallet, a payment card industry data security standard (PCI DSS) certified payment gateway, anti-fraud systems, and an online Visa/MasterCard acquirer. The company has investments in Tencent, an Internet service platform based in China and Mail.ru Group, a Russia based Internet company. The main brands include Flipkart Pvt Ltd., TATA Housing Development Company Limited, Konga.com, Allegro.pl, Buscape, PriceCheck, Heureka, PayU S.A., ibibogroup, and Movile among others.