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Payment Gateways

What are Payment Gateways?

A payment gateway is a system and infrastructure that facilitates payments from e-commerce stores. It processes the transactions from a website, thus enabling merchants to accept and manage payments and mitigate fraud in a secure way.

Payment Gateways Qatar

What is the Payment Gateways Market Size in Qatar?

The current market for e-commerce in Qatar is estimated at US$1.2b. Of this an estimated 38% passes through local merchants. Government initiatives are currently heavily promoting the adoption of e-commerce, consumer protection, advanced marketing & advertising, consumer trust culture, and digital infrastructure which will help drive the local e-commerce market.

1.2b USD

Why invest in Payment Gateways in Qatar?

  • 01

    Behavioral and demographic trends in the consumer market both point towards in increasingly preference towards online shopping using cashless payment. As local e-commerce grows, there will be large opportunities for payment gateway players to capture new market share1111.

  • 02

    The majority of businesses in Qatar already transact online in some way, indicating a high degree of awareness in payment systems. However challenges faced with existing service offerings indicate a strong opportunity for new entrants.

  • 03

    Additionally, as the government pushes growth in Qatari e-commerce and businesses, the percentage of sales generated through online channels can be expected to increase.

Payment Gateways players already in Qatar:

  • Payment Gateways players already in Qatar
  • Payment Gateways players already in Qatar
  • Payment Gateways players already in Qatar
  • Payment Gateways players already in Qatar
  • Payment Gateways players already in Qatar
  • Payment Gateways players already in Qatar

Metrics and Graphs

SME E-Commerce Usage, 2018

Payment Gateways Qatar

Percentage of sales generated through online channels by SME revenue size, 2018

Payment Gateways Qatar