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E-commerce Payment Market 2019 | Develop Rapidly by Top Players - Alipay, Tenpay, PayPal ,Visa ,MasterCard ,China UnionPay ,American Express ,JCB ,Discover and others

07-12-2019 06:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

E-commerce Payment Market 2019 | Develop Rapidly by Top Players -

E-commerce Payment is a transaction of buying or selling online. Electronic commerce payment draws on technologies such as mobile commerce, electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange (EDI) and automated data collection systems. It has become increasingly popular due to the widespread use of the internet-based shopping and banking. Payment method security technology, payment customer experience are fast updating all the time. These are also the key features market players engaging to lead the run from all over the whole.

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The key Players in this report covers
Alipay, Tenpay, PayPal, Visa, MasterCard, China UnionPay, American Express, JCB, Discover

Scope of the Report:

This report studies the E-commerce Payment market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the E-commerce Payment market by product type and applications/end industries.

However, this trend is not expected to continue in 2016, as a growth rate of 17.5% is forecast, which would result in a global E-commerce turnover of $2,671bn. Even though this growth rate is still significant, its decrease can be seen as a first sign of the global E-commerce market becoming more mature.

In comparison with last year, China's ecommerce market grew significantly faster than the one of the US. Compared to 2016, Chinese ecommerce sales grew by 27.2%, while in the US it grew by 8.99 %.For 2017 as well, the Chinese E-commerce market is expected to increase much faster than the American one (24% vs. 9%). As a result, it will continue to increase its lead even further.

The global E-commerce Payment market is valued at 786500 million USD in 2017 and is expected to reach 1455200 million USD by the end of 2023, growing at a CAGR of 10.8% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of E-commerce Payment.

Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

Else place an Inquire before Purchase “Global E-commerce Payment Market Size, Status and Forecast 2023: www.worldwidemarketreports.com/quiry/200129

Mr. Shah
Worldwide Market Reports
Tel: +1 415 871 0703
Email:sales@worldwidemarketreports.com
1001 4th Ave,
#3200
Seattle, WA 98154,
U.S

About:
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

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