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RealTime Payments Market to See Huge Growth by 2020-2025 | PayPal, Fiserv, Mastercard, Visa
RealTime Payments Market
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Summary
Scope of the Study
Real-time payments are instant payment, defined by ERPB as electronic retail payment solutions that are available 24/7/365. Real-time payment systems are rapidly adopted across the globe. Various countries are developing their payment systems such as Faster Payments in the United Kingdom, FAST in Singapore, NPP in Australia, Express Elixir in Poland, Straksclearingen in Denmark, Swish in Sweden. The real-time payments benefit all stakeholders in the ecosystem. Continuous support to real-time payments from developed countries benefits consumers and the government to trace activity and increase the fluidity of the overall economy.
The market study is being classified by Type (Person-to-Person (P2P), Person–to-Business (P2B), Business-to-Person (B2P) and Others {Business-to-Government (B2G), Government-to-Business (G2B), Business-to-Business (B2B), Person-to-Government (P2G), and Government-to-Person (G2P)}), by Application (BFSI, IT and Telecommunication, Retail & E-Commerce, Energy & Utilities, Healthcare, Government, Travel & Tourism and Others (inclusive of Logistics, Transport)) and major geographies with country level break-up.
ACI Worldwide (United States), FIS (United States), Fiserv (United States), Mastercard (United States), Worldline (France), PayPal (United States), Visa (United States), Apple (United States), Ant Financial (China) and INTELLIGENT PAYMENTS (Gibraltar) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Tmenos (Switzerland), Wirecard (Germany), Global Payments (United States), Capgemini (France), IntegraPay (Australia), SIA (Italy), Obopay (India), Ripple (United States), Pelican (United Kingdom), Finastra (United Kingdom), Nets (Denmark), FSS (India), Montran (United States), REPAY (United States) and iCon Solutions (United Kingdom).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global RealTime Payments market throughout the predicted period.
Segment Analysis
Advance Market Analytics has segmented the market of Global RealTime Payments market by Type, Application and Region.
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On the basis of geography, the market of RealTime Payments has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
Government Initiative towards Digitization of the Economy
Increase Adoption of Smartphones
Market Trend
Increase Adoption of Real-Time Payment in BFSI Sector
Real-Time Data Access Will Revolutionize the Cross-Border Transaction Market
Opportunities
Opportunity for Banks to Tap Into and Create New Revenue Streams
Strong Growth Potential in Asia Pacific Region
Challenges
Cybersecurity Concerns and Lack of Network Interoperability
Key Target Audience
RealTime Payments Developers & Service Providers, Third-Party Players, End-User and Others
Customization in the Report Available:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase
Strategic Points Covered in Table of Content of RealTime Payments Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the RealTime Paymentsmarket. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic infor
....Continued
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
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About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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