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Real-time Payments Market: Future Forecast Indicates Impressive Growth Rate | Key Players - PayPal Holdings, Mastercard, Visa, Apple, Capgemini

02-05-2019 10:15 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Infinium Global Research

/ PR Agency: Infinium Global Research
Infinium Global Research

Infinium Global Research

The real-time payments are promptly transforming the payment industries. The adoption of the real-time payments across various industry verticals is rising rapidly.  The real-time payments are becoming more popular in the Person-to-Person, Person-to-Bank and Bank-to-Person transaction facilities.

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The advancements in the banking and the financial sector drives the growth of real-time payment market worldwide. The banks are focusing on rewarding the consumers demand to access everything in the real-time. Thus, they are providing new payment platforms and solutions to deliver the high flexibility and superior services the consumers.  The trending innovations in the social platforms for domestic payments, and updated regulation in addressing the online payments are contributing in the growth of the real-time payment market.

The real-time payment processes required both software and service components. The government of various countries are investing to provide faster payment networks infrastructure to the consumers. The software and the services used in the real-time payments are offers more effective, secure and faster way to complete near-real-time exchange of funds.

Market Segmented by Industry Verticals

The adoption of real-time payment is increasing across the various industry verticals including BFSI, Retail and E-commerce, IT-Telecom, Government, Energy and Utilities Others sectors. The growing consumer demand for flexible and faster payment options drives the demand for real-time payments in these applications. The introduction of social platforms and near-field-communication (NFC) based payments methods in the retail and the e-commerce application favours the global real-time payment market. The real-time payments for the BSFI applications are gaining popularity as they provide fast and the convenience operation over the traditional payment methods. 

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Regional Analysis

Among the geographies, Asia Pacific is the largest and the fastest growing region in the real-time payment market. Increasing digitalization and growing use of real-time payments in the retail and e-commerce applications are the key factors that drive the growth of real-time payment market in this region. The governments in populated countries such as China and India are promoting a cashless economy that is anticipated to escalate the growth of this market in the Asia Pacific region.

Major Key Players

The report provides the profiles of the companies in the global real-time payment market such as Qualcomm Technologies, Inc., Microsoft, Infinity Augmented Reality, Blippar.Com Ltd., SAMSUNG, DAQRI,Wikitude GmbH, Atheer, HP Reveal, and Apple Inc.

Browse Detailed TOC and Description@ https://www.infiniumglobalresearch.com/ict-semiconductor/global-real-time-payments-market

About Infinium Global Research

Infinium Global Research and Consulting Solutions is started with a single motto of being a business partner of the first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

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Infinium Global Research
Office No. 04, 06, Ganadhish Empire,
Rahatani Corner, Pune, MH 411027
Email: info@infiniumglobalresearch.com
Website: www.infiniumglobalresearch.com

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