Listed as one of the top four payment gateways in The Strawhecker Group’s (TSG) 2023 Payment Gateway Directory, Cybersource covers nearly all verticals and geographic areas identified by TSG, making it one of the most well-rounded payment gateways to utilize.
How Cybersource is differentiated from the competition
With an average of 245,000 gateway merchants globally, Cybersource’s global scale includes heavy hitter gateway clients such as Harley Davidson, Pockyt, Accor, and Dream11, to name a few. Cybersource covers nearly all verticals reviewed by TSG, with prominent areas encompassing markets such as retail, transport, public administration/government, utilities, and healthcare. With an annual volume of $623 billion with $6.4 billion in transactions (as of September 30, 2023), Cybersource claims a spot among the top four highest volume rankings among more than 120 payment gateway providers.
While these numbers are impressive, Cybersource’s Global Gateway also offers something different—a unique and customizable setup experience dependent upon your needs. Whereas other gateways have set-in-stone setup fees, gateway fees, and the like, Cybersource operates with your specific interests in mind. Your setup will be tailor-made to what you need and what will help your business grow and succeed. On top of that, our developer-friendly environment means you have more control over your business, including which payment types can be used and which client types you choose to target.
2023 Payment Gateway Directory
With over 400 completed market intelligence analyses on the global payments landscape and hundreds of thousands of data points uncovered, TSG’s experience and breadth of knowledge of the payments industry is not something to be ignored.
In their analysis,1 TSG reviewed more than 120 gateway providers based on factors such as:
- Average annual gateway transaction volume
- Number of gateway merchants
- Geographic service area
- Current and past gateway clients
- Pricing, such as gateway setup, PCI, per transaction and monthly fees
- 20+ verticals, including B2B, grocery, hospitality, and retail
Learn more
At Cybersource, we are the link that connects you to a variety of different verticals, client target types, and integration models, to name a few. We simplify the complicated so that you can focus on what matters most: providing your customers with the best customer experience.
Needing to increase your reach within grocery and healthcare industries? We can help you do that.
Wanting to build connections with more ISVs, acquirers, or payment facilitators? We can help make that connection.
Cybersource serves as a vital gateway, opening up avenues to your next significant breakthrough. If you’d like to learn more about how Cybersource can help you take a step in the right direction, contact us.
1 2023 Payment Gateway Directory, The Strawhecker Group, October, 2023