Press release
Digital Payment Market Outlook 2025 - GoCardless, Transferwise, Stripe, Venmo, Adyen, Tipalti, PayPal, Razorpay, Square, Boku, Apple Pay, Poynt, Paytm, Google Wallet
The Global Digital Payment Market was estimated at USD 479.48 billion in 2016 and is projected to reach USD 1215.63 billion by 2025, growing at a CAGR of 10.89% from 2017 to 2025.Digital Payment is the process of payment through digital modes. In digital payments both the payee as well as the payer use digital modes in order to receive as well as to send money. The complete transaction is carried out online. There are several advantages to the adoption of digital payment across multiple sectors. For example factors such as the time efficiency, ability of banking at any time, capability to keep track of the payments being made (payment history) as well as ease of expense control.
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As the necessity for the adherence to the DSS and PCI guidelines become more stringent, there is an increase in the implantation of Digital Payment applications across several different industries. These factors majorly affect the digital payment market positively. The restraint in the adoption of the implementation of the digital market is that there is a lack of trust when it comes to online banking as there is less familiarity with the process in comparison to traditional forms of payment such as credit or debit cards as well as cash.
The major players in the market are as follows: GoCardless, Transferwise, Stripe, Venmo, Adyen, Tipalti, PayPal, Razorpay, Square, Boku, Apple Pay, Poynt, Paytm, Google Wallet
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Table Of Content
1 INTRODUCTION OF THE GLOBAL DIGITAL PAYMENT
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
4 THE GLOBAL DIGITAL PAYMENT OUTLOOK
5 THE GLOBAL DIGITAL PAYMENT, BY SYSTEMS
6 THE GLOBAL DIGITAL PAYMENT, BY SERVICE
7 THE GLOBAL DIGITAL PAYMENT, BY VERTICALS
8 THE GLOBAL DIGITAL PAYMENT, BY APPLICATIONS
9 THE GLOBAL DIGITAL PAYMENT, BY GEOGRAPHY
10 THE GLOBAL DIGITAL PAYMENT COMPETITIVE LANDSCAPE
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Digital Payment market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Digital Payment market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Complete Report is Available at https://www.verifiedmarketresearch.com/product/global-digital-payment-market-size-and-forecast-to-2025/
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Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.
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