Payment gateways are a boon, especially for smaller businesses that might not even have a physical presence and are solely operating digitally. Online shopping has increased significantly in recent years, and not having a payment gateway can mean a substantial loss of business. In 2021 alone, the total market size of global payment gateways was valued at around USD 23 billion and is expected to grow at a CAGR of 22.1% by 2030. Are you still wondering if it?s worth investing in a payment gateway? Here are some more reasons that will make a case for payment portals, no matter if you?re a small business or an established brand.
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