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30.6% Growth Rate for Real-Time Payments Market by 2023 | Global Key Players like ACI Worldwide, FIS, Fiserv, Mastercard, Worldline, PayPal, Visa, Apple, Ant Financial and Others.

06-19-2019 12:24 PM CET | IT, New Media & Software

Press release from: ReportsandReports

30.6% Growth Rate for Real-Time Payments Market by 2023 | Global

The Global Real-Time Payments Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team. This report spread across 182 Pages, profiling 25 companies and supported with 79 tables and 57 figures is now available in this research.

Get Free Sample Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1773623 .

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. Top Companies profiled 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) and Icon Solutions (UK).

“The Person-to-Person (P2P) nature of payment is estimated to grow at the highest CAGR during the forecast period”
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.

“Among regions, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period”
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 Rapid Growth of the Real-Time Payments Market in the region can be attributed to the active online engagement of consumers in the emerging countries of the region. The extensive facilities to deploy and manage RTP solutions at a low cost of ownership is boosting the market growth in this region. Furthermore, various international and domestic enterprises located in this region are partnering with RTP providers to enhance and provide tailormade offerings to local clients. The developed APAC countries, such as Australia, Japan, Singapore, and New Zealand, have expansively considered the use of RTP solutions and services.

Report Highlights:
• To study the complete value chain of market

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

Avail Discount @ https://www.reportsnreports.com/contacts/discount.aspx?name=1773623 .

Competitive Landscape of Real-Time Payments Market:
1 Overview
2 Ranking of Key Players, 2018
3 Competitive Scenario
3.1 New Product/Service Launches and Product/Service Enhancements
3.2 Agreements and Partnerships
3.3 Acquisitions
3.4 Expansions

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