Growth of Real-Time Payments Market with leading key players like ACI Worldwide, FIS, Fiserv, Mastercard, Worldline, PayPal, Visa, Apple, Ant Financial, Global Payments

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Global Real-Time Payments Market size to grow from US$ 6.8 Billion in 2018 to US$ 25.9 Billion by 2023, at a CAGR of 30.6% during the forecast period. The major growth factors expected to drive the growth of the RTP market include the high proliferation of smart phones, adoption of cloud-based solutions, customers’ demand for immediacy of payments and quicker payment settlements, and the government initiatives.

Top Key Players in the “Real-Time Payments Market” include are
• ACI Worldwide(US)
• FIS (US)
• Fiserv (US)
• Mastercard (US)
• Worldline (France)
• PayPal (US)
• Visa (US)
• Apple (US)
• Ant Financial (China)
• INTELLIGENT PAYMENTS (Gibraltar)
• Tmenos (Swtizerland)
• Wirecard (Germany)
• Global Payments (US)
• Capgemini (France)
• IntegraPay (Australia)
• SIA (Italy)
• Obopay (India)
• Ripple (US)
• Pelican (UK)
• Finastra (UK)
• Nets (Denmark)
• FSS (India)
• Montran (US)
• REPAY (US)
• Icon Solutions (UK)

Access Complete report on Real-Time Payments Market spread across 182 Pages, profiling 25 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1773623 .

The Real-Time Payments Market by nature of payment has been segmented into Person-to-Person (P2P), Person-to-Business (P2B), Business-to-Person (B2P), and others (Business-to-Business (B2B), Government-to-Business (G2B),Business-to-Government (B2G), Person-to-Government (P2G), and Government-to-Person (G2P)). The P2P nature of payment is expected to grow at the highest CAGR, as it is used by consumers for different use cases, including repayment of a movie ticket to a friend, repayment of money to a friend, and gifting money to a child or a grandchild.

APAC has distinctively been one of the fastest-growing markets in terms of rapidly adopting Real-Time Payments solutions. The RTP market is also termed as the next big boom with regards to the ever-increasing adoptions across the APAC region. The RTP market in APAC has gained traction, due to the rising demand for quick, hassle-free, and secured payment systems.

The Study Objectives of this report are:

• To analyze strategic approaches such as product launches, acquisitions, contracts, agreements, and partnerships in the real-time payments market

• To study the complete value chain of market

• To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the ecosystem

• The report also aims at providing detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges).

• To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders

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Reason to buy this report:
• The report segments the market into various sub segments, hence it covers the market comprehensively. It provides the closest approximations of the revenue numbers for the overall market and its sub segments. The market numbers are further split across applications and regions.
• It helps stakeholders in understanding their competitors better and gaining more insights to strengthen their positions in the market. The study also presents the positioning of the key players based on their product offerings and business strategies.

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