Press release
Person-to-person Payment Market Expected To Contribute Significantly In Global Market By 2024 : PayPal, Tencent, Square ,Circle Internet Financial Limited, clearXchange, Ant Financial,SnapCash, Dwolla
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.
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Analysis and estimation of important industry trends, market size, and market share are covered in the report. Thus, the study of Person-to-person payments (P2P) report helps businesses to define their own strategies about the development in the existing product, modifications to consider for the future product, sales, marketing, promotion and distribution of the product in the existing and the new market. This research report helps the clients understand the various drivers and restraints impacting the market during the forecast period. Person-to-person payments (P2P) market report comprises of data that can be pretty indispensable when it is about dominating the market or making a mark in the market as a latest emergent.
Top Key Players Covered In this global report:
• PayPal
• Tencent
• Square, Inc.
• Circle Internet Financial Limited
• clearXchange.
• Ant Financial
• SnapCash
• Dwolla, Inc.
• TransferWise Ltd.
• CurrencyFair LTD
• One97 Communications Ltd.
Person-to-person Payment market report covers many business strategies such as new product launches, expansions, agreements, partnerships, joint ventures, acquisitions, and others that help to amplify their footprints in the market. According to the report, the global market is anticipated to witness a relatively higher growth rate during the forecast period. The Person-to-person Payment market drivers and restraints have been explained in the report using SWOT analysis.
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Segmentation by product type: breakdown data from 2014 to 2019 and forecast to 2024
• Remote Payments
• Proximity Payments
Segmentation by application: breakdown data from 2014 to 2019 and forecast to 2024
• Retail
• Travels and Hospitality
• Transportation and Logistics
• Energy and Utilities
• Others
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Table of Content
1 Person-to-person Payment Market Overview
2 Global Person-to-person Payment Market Competition by Manufacturers
3 Global Person-to-person Payment Production Market Share by Regions
4 Global Person-to-person Payment Consumption by Regions
5 Global Person-to-person Payment Production, Revenue, Price Trend by Type
6 Global Person-to-person Payment Market Analysis by Applications
7 Company Profiles and Key Figures in Person-to-person Payment Business
8 Person-to-person Payment Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Person-to-person Payment Market Forecast (2019-2024)
12 Research Findings and Conclusion
13 Methodology and Data Source.
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About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com
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