Low GWP Refrigerant Market by Type (Inorganics, Hydrocarbons, Fluorocarbons and Fluoro-olefins (HFCs and HFOs)), Application (Commercial Refrigeration, Industrial Refrigeration, Domestic Refrigeration, and Others), and Region 2023-2028
Market Report I 2023-05-29 I 148 Pages I IMARC Group
The global low GWP refrigerant market size reached US$ 7.48 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.37 Billion by 2028, exhibiting a growth rate (CAGR) of 8.12% during 2023-2028. The rising product demand in the commercial sector, various product innovations, and extensive research and development (R&D) activities represent some of the key factors driving the market.
Low global warming potential (GWP) refrigerants are substances used as refrigeration agents that have a lower impact on the environment. Hydrocarbons, fluorocarbons, carbon dioxide, and ammonia are some of the commonly used low-GWP refrigerants. They are widely used in large industrial refrigeration systems such as food processing plants, breweries, and cold storage facilities. They are also used for heating and cooling homes and buildings. As compared to traditional GWP refrigerants, low GWP refrigerants have a lower contribution to climate change and ozone depletion. They are also safe, have better energy efficiency, lower toxicity, and flammability, and help to reduce emissions. As a result, low GWP refrigerants find extensive applications across commercial refrigeration, industrial refrigeration, and domestic refrigeration.
Low GWP Refrigerant Market Trends:
The rising product demand in the commercial sector for air conditioning and refrigerating applications is one of the key factors driving the market growth. In line with this, low GWP refrigerants are widely used due to the growing need for efficient refrigeration in industries like food processing to keep dairy, meat, and fishery products fresh. Additionally, the widespread adoption of hydrocarbons, as they possess robust thermodynamic properties and allow the cost-effective operation of refrigerating and air-conditioning systems, is acting as another growth-inducing factor. Apart from this, manufacturers are focusing on the development of new low GWP refrigerants that are both environmentally friendly and energy-efficient, which in turn is providing an impetus to the market growth. Moreover, the rising product application in the residential sector, owing to the transition towards eco-friendly refrigeration alternatives, increasing standards of living, and growing need to reduce electricity bills, is positively influencing the market growth. Besides this, the expansion of retail food chains and the growth in international trade (due to trade liberalization) have led to an increase in the demand for cold chain processes, which in turn is providing a considerable boost to the market growth. Furthermore, the launch of a new low GWP refrigerant for commercial and industrial refrigeration that is operationally safe, reduces carbon footprint and complies with new regulations is propelling the market growth. Other factors, including enhanced research and development (R&D) activities, increasing demand for frozen food products, widespread product adoption as they provide better energy performance, and the implementation of various government initiatives to promote the use of low GWP refrigerants due to their low-emission and environment-friendly properties, are supporting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global low GWP refrigerant market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on type and application.
Type Insights:
Inorganics
Hydrocarbons
Fluorocarbons and Fluoro-olefins (HFCs and HFOs)
The report has provided a detailed breakup and analysis of the low GWP refrigerant market based on the type. This includes inorganics, hydrocarbons, fluorocarbons and fluoro-olefins (HFCs and HFOs). According to the report, hydrocarbons represented the largest segment.
Application Insights:
Commercial Refrigeration
Industrial Refrigeration
Domestic Refrigeration
Others
The report has provided a detailed breakup and analysis of the low GWP refrigerant market based on the application. This includes commercial refrigeration, industrial refrigeration, domestic refrigeration, and others. According to the report, commercial refrigeration represented the largest segment.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for low GWP refrigerant. Some of the factors driving the Asia Pacific low GWP refrigerant market included the rising product demand in the residential sector, the implementation of various government initiatives, and extensive research and development (R&D) activities.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global low GWP refrigerant market. Detailed profiles of all major companies have also been provided. Some of the companies covered include A-Gas International Ltd., Arkema, Daikin Industries Ltd., Danfoss A/S, GTS SPA, Harp International Ltd, Honeywell International Inc., Linde plc, Messer Group, Tazzetti S.p.A, The Chemours Company, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global low GWP refrigerant market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global low GWP refrigerant market?
What is the impact of each driver, restraint, and opportunity on the global low GWP refrigerant market?
What are the key regional markets?
Which countries represent the most attractive low GWP refrigerant market?
What is the breakup of the market based on the type?
Which is the most attractive type in the low GWP refrigerant market?
What is the breakup of the market based on the application?
Which is the most attractive application in the low GWP refrigerant market?
What is the competitive structure of the global low GWP refrigerant market?
Who are the key players/companies in the global low GWP refrigerant market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Low GWP Refrigerant Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Inorganics
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Hydrocarbons
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Fluorocarbons and Fluoro-olefins (HFCs and HFOs)
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Commercial Refrigeration
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Industrial Refrigeration
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Domestic Refrigeration
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
9.1 Overview
9.2 Drivers
9.3 Restraints
9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 A-Gas International Ltd.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Arkema
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 Daikin Industries Ltd.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 Danfoss A/S
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 SWOT Analysis
13.3.5 GTS SPA
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Harp International Ltd
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Honeywell International Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Linde plc
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Messer Group
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Tazzetti S.p.A
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 The Chemours Company
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Figure 1: Global: Low GWP Refrigerant Market: Major Drivers and Challenges
Figure 2: Global: Low GWP Refrigerant Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Low GWP Refrigerant Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Low GWP Refrigerant Market: Breakup by Type (in %), 2022
Figure 5: Global: Low GWP Refrigerant Market: Breakup by Application (in %), 2022
Figure 6: Global: Low GWP Refrigerant Market: Breakup by Region (in %), 2022
Figure 7: Global: Low GWP Refrigerant (Inorganics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Low GWP Refrigerant (Inorganics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Low GWP Refrigerant (Hydrocarbons) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Low GWP Refrigerant (Hydrocarbons) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Low GWP Refrigerant (Fluorocarbons and Fluoro-olefins (HFCs and HFOs)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Low GWP Refrigerant (Fluorocarbons and Fluoro-olefins (HFCs and HFOs)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Low GWP Refrigerant (Commercial Refrigeration) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Low GWP Refrigerant (Commercial Refrigeration) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Low GWP Refrigerant (Industrial Refrigeration) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Low GWP Refrigerant (Industrial Refrigeration) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Low GWP Refrigerant (Domestic Refrigeration) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Low GWP Refrigerant (Domestic Refrigeration) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Low GWP Refrigerant (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Low GWP Refrigerant (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: North America: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: North America: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: United States: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: United States: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Canada: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Canada: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Asia-Pacific: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Asia-Pacific: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: China: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: China: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Japan: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Japan: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: India: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: India: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: South Korea: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: South Korea: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Australia: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Australia: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Indonesia: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Indonesia: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Others: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Others: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Europe: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Europe: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Germany: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Germany: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: France: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: France: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: United Kingdom: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: United Kingdom: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Italy: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Italy: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Spain: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Spain: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Russia: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Russia: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Others: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Others: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Latin America: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Latin America: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Brazil: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Brazil: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Mexico: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Mexico: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Middle East and Africa: Low GWP Refrigerant Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Middle East and Africa: Low GWP Refrigerant Market: Breakup by Country (in %), 2022
Figure 69: Middle East and Africa: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Global: Low GWP Refrigerant Industry: Drivers, Restraints, and Opportunities
Figure 71: Global: Low GWP Refrigerant Industry: Value Chain Analysis
Figure 72: Global: Low GWP Refrigerant Industry: Porter's Five Forces Analysis
Table 1: Global: Low GWP Refrigerant Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Low GWP Refrigerant Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Low GWP Refrigerant Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Low GWP Refrigerant Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Low GWP Refrigerant Market: Competitive Structure
Table 6: Global: Low GWP Refrigerant Market: Key Players
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.