ePayment System MarketCompetitive Analysis by 2025 : Wipro, LightPointe Communications, VLNComm, General Electric, pureLiFi, Philips
ePayment is basically a form of digital monetary transaction that takes place between buyers and sellers on an online platform. The monetary exchange occurs with the help of a digital financial device, which is supported by an intermediary such as a bank. The process of ePayments can be completed with the use of bank transfers, debit cards, or credit cards. These payments are characterized by their instantness, which saves buyers and sellers ample time along with the ease of payment. ePayments enable a fast and secure way to initiate payments. This enables it to steal a march over conventional payment options. The growing popularity of internet shopping coupled with online and mobile banking is substantially propelling the demand for ePayment systems.
Request Sample Copy of the Report @
This report offers a deep analysis of the market competition that could be witnessed by players in the coming years. The report puts forth possible strategies for new participants to enter the market and various business paths that existing players could take. The report is an all-encompassing study of the ePayment system industry – its drivers, challenges, and key trends.
Global ePayment System Market: Key Trends
Consumer behavior is changing fast with the high penetration of internet and mobile phones across the globe. Changing government policies, which indirectly encourage transparency in payment systems leading to demand for phone-to-phone (P2P) payments, are also impacting the global ePayment system market. The boom in e-commerce further provides an impetus to the use of online payment systems, with digital platforms, mobile wallets, and online bank exchanges enticing customers with discounts and offers. The progress in digital infrastructure in emerging economies is offering a robust ecosystem for the development of the digital payments industry, thereby fuelling the ePayment system market.
Request TOC of the Report @
Global ePayment System Market: Market Potential
Recently, the Wall Street Journal reported the active consideration of the eCommerce giant Amazon’s voice assistant in online payments. Amazon plans to use its patented Alexa to try and enter the online payment market, actively competing with Paymo’s Venmo and other large banks which offer payment services. Using Alexa’s voice-based instruction inference system, the users will be able to transfer money using their voice.
Global ePayment System Market: Regional Outlook
On the basis of geographical segmentation, the global ePayment system market has been segmented into five major regions of Europe, Asia Pacific, North America, Latin America, and the Middle East and Africa.
Global ePayment System Market: Competitive Analysis
Leading vendors in the global ePayment system market are Wipro, LightPointe Communications, VLNComm, General Electric, pureLiFi, Philips, Nakagawa Labs, Oledcomm, Nakagawa Labs, LVX System, and Velmenni.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
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 ePayment System MarketCompetitive Analysis by 2025 : Wipro, LightPointe Communications, VLNComm, General Electric, pureLiFi, Philips here
News-ID: 1690423 • Views: 302
More Releases from TMR Research
Crowd Analytics Market Regional Analysis by 2025 | Nokia Corporation, AGT Intern …
Crowd Analytics Market: Snapshot The global crowd analytics market is driven by growing security threats. The heightened demand for intelligence video systems and a need for business intelligence systems will also drive the crowd analytics market in the period from 2017 to 2025. This market is anticipated to witness a rapid rise due to the heightened need for business intelligence solutions on account of which there is a high demand from
Cloud Orchestration Market Trends and Dynamic Demand by 2025 | IBM Corporation, …
Cloud Orchestration Market: Snapshot Cloud orchestration is the arrangement and coordination of automated tasks and results finally in a process or workflow that is consolidated. The rising demand for optimum utilization of resources is anticipated to drive the global cloud orchestration market. The increasing need for self-service provisioning, agility, and flexibility will also be key factors resulting the growth of this market worldwide. In addition to this, the cost efficiency of
C4ISR Market Witness High Demand During by 2025 | Northrop Grumman, Bae Systems, …
Global C4ISR Market: Snapshot The global C4ISR market has been displaying immense growth potential over the past few years, thanks to the integration of C41SR systems in the existing platforms, including as land-based, naval, space, and airborne platforms. As the deployment of these systems ensures faster operations at reduced costs, a robust increase in their uptake has been observed across all the platforms. Several technological advancements in the global C4ISR market,
Emergency Management and Incident Management Market Analysis and Forecast 2025
Global Emergency Management and Incident Management Market: Snapshot The global emergency management and incident management market is expected to see the increased integration of machine-to-machine (M2M) communication technologies and sensors in new-age devices. The capability of new-generation sensing technologies to provide real-time analysis and management of risks related to natural and premeditated risks is expected to compel government bodies to replace ageing and obsolete technologies with the ones with smart sensing
More Releases for Market:
https://www.qandqmarketresearch.com/reports/7557223/fillings-market-108 Fruit fillings are fruits preserved in a glaze. These fillings have high fruit content and retain the natural texture, taste, flavor and color of the fruits. Benefits of these fillings include year around availability of exotic fruits, readytouse application, long shelf life and no wastage. In this report, the statistics mainly focus on the fruit fillings in North America mainly including USA, Canada and Mexico etc.. According to QYR’s analysts, the concentration
Ethanol Market: Market Intelligence and Market Trends
Ethanol is a compound which is manufactured by the fermentation of various biological materials such as wheat, corn, wood, barley and sugarcane. Corn and starch based crops are the most common materials used in ethanol production. This compound is miscible with water and most of the organic solvent. Ethanol is a very important element of various industries and used as a solvent for many substances. It is because of wide range
Ginseng Market: Market Intelligence and Market Trends
Future Market Insights (FMI) delivers key insights on the global ginseng market in its upcoming outlook titled, 'Ginseng Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027'. In terms of value, the global ginseng market is projected to experience a healthy CAGR of 4.8% during the period of forecast, due to various factors such as globalization and increase in consumer acceptance for oriental and Asian flavors and demand for Chinese
Biostimulants Market : Market Intelligence and Market Trends
Demand for biostimulants is expected to surpass US$ 4 billion in revenues, according to a new research report by Future Market Insights (FMI). The report titled, “Biostimulants Market: Global Industry Analysis and Opportunity Assessment 2015-2025” forecasts the demand for biostimulants to expand at a CAGR of nearly 11% through 2025. Biostimulants are finding increasing application in the agriculture sector owing to their environmentally-friendly and organic nature. Rising food demand is
Lottery Market: Market Insights and Market Potential
The global lottery market is expected to gain momentum due to the rise in demand for games where people have a fair chance of winning substantial amount of money. Nowadays, social media is acting as the medium through which promotions can be done without making much efforts. The trend of using social media as a medium to advertise is being used by the lottery market on a wide range. Both
Dyes are colored substances applied in the form of an aqueous solution on various substrates. These are used as colorants in different industrial applications such as food processing, printing inks, wood stain, textile processing, and others. Dyes have high selective absorptivity for liquids as well as substrates as compared to other color-imparting materials such as pigments. Excellent absorption characteristics of dyes enable them to lose their physical and structural properties