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Crypto Payment Gateways Market Share

Report ID: GMI11058
Published Date: Aug 2024
Report Format: PDF

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Crypto Payment Gateways Market Share

Coinbase Commerce, PayPal, Crypto.com Pay hold a significant market share of over 34% in crypto payment gateways industry due to their strong brand recognition, trust, and wide user base. These platforms offer extensive global reach and appeal to a diverse range of users by supporting multiple cryptocurrencies, which allows merchants to cater to different customer preferences.

Their user-friendly, easily integrated payment solutions enable merchants to adopt crypto payments seamlessly. Additionally, their adherence to strong security measures and regulatory compliance further enhances their credibility. These factors collectively drive their dominance in the market and contribute to their substantial market share.

Crypto Payment Gateways Market Companies

Major players operating in the crypto payment gateways industry are:

Coinbase Commerce
PayPal (Crypto Integration)
Crypto.com Pay
CoinGate
BitPay
CoinPayments
TripleA

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of crypto payment gateways reached USD 1.2 billion in 2023 and will expand at a 15% CAGR between 2024 and 2032, due to increasing acceptance of cryptocurrencies by businesses and consumers seeking faster, secure, and low-cost transactions.

The bitcoin segment accumulated 52% of the market share in 2023, owing to widespread recognition, established market dominance, and extensive acceptance among merchants and consumers.

North America market captured 37% share in 2023, driven by advanced financial infrastructure, high cryptocurrency adoption rates, and supportive regulatory environment.

Prominent players operating in the industry are Coinbase Commerce, PayPal (Crypto Integration), Crypto.com Pay, CoinGate, BitPay, CoinPayments, and TripleA, among others.