Key Insights From E-payment Solutions Market in India | Airtel Payments Bank, Axis Bank, HDFC Bank, ICICI Bank

A new market study is released on E-payment Solutions Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for E-payment Solutions Forecast till 2025*. Some are the key players that are considered in the coverage list of this study are Airtel Payments Bank Limited, Axis Bank Limited, HDFC Bank Limited, ICICI Bank Limited, Mswipe Technologies Private Limited, National Payments Corporation of India, One Mobikwik Systems Private Limited, One97 Communications Limited, PayPal Payments Private Limited, State Bank of India.

Market insights:
The development of digital infrastructure in the country is leading to the creation of a robust technological ecosystem for the digital payments industry of India. The e-payment solutions market in India is anticipated to expand at a compound annual growth rate (CAGR) of ~51.17% between FY 2018 and FY 2023, and will reach a value of INR 15,344.1 Tn by FY 2023. The volume of payments is expected to reach 96.5 Tn transactions by FY 2023, up from its 2018 volume of 18.5 Tn. The growth of the Indian e-payment solutions market is owed to the introduction of digital payment portals by banks like Axis Bank Ltd., HDFC Bank Ltd., ICICI Bank Ltd., etc. Also, the integration of payment services in popular applications like WhatsApp and Apple Pay has led to an increase in digital payments across India.

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Important Features that are under offering & key highlights of the report :

1) What all companies are currently profiled in the report?
Following are list of players that are currently profiled in the the report "Airtel Payments Bank Limited, Axis Bank Limited, HDFC Bank Limited, ICICI Bank Limited, Mswipe Technologies Private Limited, National Payments Corporation of India, One Mobikwik Systems Private Limited, One97 Communications Limited, PayPal Payments Private Limited, State Bank of India"
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.

2) Can we add or profiled new company as per our need?
Yes, we can add or profile new company as per client need in the report. Final confirmation to be provided by research team depending upon the difficulty of survey.
** Data availability will be confirmed by research in case of privately held company. Upto 3 players can be added at no added cost.

3) Can inclusion of additional Segmentation / Market breakdown is possible?
Yes, inclusion of additional segmentation / Market breakdown is possible subject to data availability and difficulty of survey. However a detailed requirement needs to be shared with our research before giving final confirmation to client.
** Depending upon the requirement the deliverable time and quote will vary.

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Segment wise market insights:
During the FY 2016-FY 2018 period, the use of credit cards for online payments has reduced (54% to 43%), while the market share of prepaid payment instruments (PPI) has increased (11% to 13%). This implies that there has been a shift in the preference for payment methods, from cards to digital platforms, thus leading to the higher penetration of e-payment solutions in India.

2-Page profiles for 10+ leading manufacturers and 10+ leading retailers is included, along with 3 years financial history to illustrate the recent performance of the market. Revised and updated discussion for 2018 of key macro and micro market influences impacting the sector are provided with a thought-provoking qualitative comment on future opportunities and threats. This report combines the best of both statistically relevant quantitative data from the industry, coupled with relevant and insightful qualitative comment and analysis.

Key growth drivers of the market:
o After the demonetization of INR 500 and INR 1,000 notes in 2016, India’s fintech (financial technology) landscape witnessed significant adoption among users from across various business segments. This, in turn, led to the growth of the e-payment solutions industry, resulting in an annual return on investment of ~29% in India, which is higher than the average returns in the global and Asian markets.
o E-commerce retailers like Amazon, Flipkart, and Paytm Mall offer cashbacks and discounts on online payment for products. This encourages customers to use digital payment services more often during online shopping. As a result, the transaction value and volume of the e-payment solutions market in India is increasing.

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Airtel Payments Bank Limited, Axis Bank Limited, HDFC Bank Limited, ICICI Bank Limited, Mswipe Technologies Private Limited, National Payments Corporation of India, One Mobikwik Systems Private Limited, One97 Communications Limited, PayPal Payments Private Limited, State Bank of India includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

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In this study, the years considered to estimate the market size of E-payment Solutions are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

Key Stakeholders/Global Reports:
E-payment Solutions Manufacturers
E-payment Solutions Distributors/Traders/Wholesalers
E-payment Solutions Subcomponent Manufacturers
Industry Association
Downstream Vendors

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