openPR Logo
Press release

P2P Payment Market:key drivers, restraints, opportunities, current trends and future estimations 2025

02-22-2019 09:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

P2P Payment Market

P2P Payment Market

Person-to-person payments (P2P) is the online technology that allows customers to transfer funds from their bank account or credit card to another individual's account via the Internet. It is based on the successful PayPal approach where customers establish secure connection of accounts with a trusted third-party vendor, designating their bank account or credit card information for transferring and accepting funds. An alternative approach is where customers use an online interface or mobile application to assign the amount of funds to be transferred.

The increased acceptance of online banking, mobile banking, and e-commerce by consumers makes way for greater use of person-to-person payments. As smartphones and tablets become an increasingly popular mode of everyday applications, popular cash payment applications such as Venmo and Google Wallet help customers use of P2P payments. The P2P market is expected to experience growth owing to increase in usage of online shopping and banking applications. However, increase in cyberattacks and identity thefts are limit the growth of the market.

Access full report @ https://www.alliedmarketresearch.com/P2P-payment-market

The key Players
• PayPal Pte. Ltd.
• Tencent.
• Square, Inc.
• Circle Internet Financial Limited
• clearXchange.
• SnapCash
• Dwolla, Inc.
• TransferWise Ltd.
• CurrencyFair LTD
• One97 Communications Ltd.

The person-to-person payments market is segmented based on transaction mode, type of purchase, location, application, and geography. On the basis of transaction mode, the market is divided into NFC/smartcard, SMS, and mobile apps. On the basis of location, it is bifurcated into remote payments and proximity payments. By type of purchase, the market is classified by airtime transfer & top-ups, money transfers & payments, merchandise & coupons, and travel & ticketing. By applications, it is categorized into retail payments, travels & hospitality payments, transportation & logistics payments, energy & utilities payments, and others. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-toc-and-sample/2568

Key Benefits
• The study provides an in-depth analysis of the person-to-person payments market with current and future trends to elucidate the imminent investment pockets in the market.
• The report provides information about the key drivers, restraints, and opportunities.
• Quantitative analysis of the current trends and future estimations from 2017 to 2023 are provided to showcase the financial competence of the market.
• Porter’s Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers participating in the market.

About us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:
David Correa
5933 NE Win Sivers Drive,
#205, Portland, OR 97220,
United States.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release P2P Payment Market:key drivers, restraints, opportunities, current trends and future estimations 2025 here

News-ID: 1609405 • Views: 494

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently

All 5 Releases


More Releases for P2P

Cashkumar receives NBFC-P2P certification from RBI
Press release for immediate publication Cashkumar receives NBFC-P2P certification from RBI Focused exclusively on short-term loans for salaried individuals, Cashkumar to expand operations Mumbai, July 12, 2018: Cashkumar, among the only P2P lending platforms focused exclusively on short term loans for salaried individuals, today announced that it has received the NBFC-P2P license from RBI (Reserve Bank of India). The license marks Cashkumar’s entry to a set of four to five other leading fintech
P2P Lending: Responding to Disruption
ReportsWeb.com published “Retail Banking Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Verdict Financial's P2P Lending: Responding to Disruption report is a comprehensive analysis of the rise of Peer-to-Peer consumer lending and its impact upon retail banks' borrowers. The report details the impact of P2P lenders upon
Latest Development Of P2P Lending Market in Global Industry 2018
Albany, NY, 21st March : Recent research and the current scenario as well as future market potential of "Global P2P Lending Market Size,Status and Forecast 2025" globally. This report studies the global P2P Lending market,analyzes and researches the P2P Lending development status and forecast in United States,EU,Japan,China,India and Southeast Asia. This report focuses on the top players in global market,like CircleBack Lending Lending Club Peerform Get PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=1498075 Prosper Upstart Funding
P2P Lending Research, Growth, News & Application
The concept of P2P lending started in around 2005, but growth was initially very slow and it took time for people to understand the deliverables and advantages of social lending. The P2P lending market experienced a remarkable boom in 2007, when a range of websites came into the picture and lifted the community lending business. P2P lending is often said to be more economically efficient because it eliminates the middleman,
United States P2P Lending Market 2017 : Lending Club, Borrower, P2P Credit, Pros …
United States P2P Lending Market 2016-2017 A market study based on the " P2P Lending Market " across the globe, recently added to the repository of Market Research, is titled ‘United States P2P Lending Market 2017’. The research report analyses the historical as well as present performance of the United States P2P Lending industry, and makes predictions on the future status of P2P Lending market on the basis of this analysis. Get
Peer to Peer(P2P) Lending at loanbaba.com
Many of us experience a lengthy procedure of getting a loan from financial institution or bank, with filling forms, waiting for days, physical trips to the lender and more. However, with online agents and companies stepping as intermediaries, getting funds from lender has become a piece of cake, more so with P2P or peer to peer lending system at loanbaba.com, where borrowers and lenders can interact among themselves, negotiate and