openPR Logo
Press release

Real Time Payment Market Size Expected to Grow at a CAGR over 29.7% | Key Players are ACI Worldwide Inc (US), Fidelity National Information Servcs Inc (US), Fiserv Inc (US), Paypal Holdings Inc (US), Wirecard AG (Germany) and Mastercard Inc (US)

12-29-2020 02:27 PM CET | IT, New Media & Software

Press release from: Market Research Future

Real Time Payment Market

Real Time Payment Market

Real Time Payment Market Research Report- Forecast till 2023

Market Highlights

Market Research Future (MRFR), in its newly published report on the real time payment network market 2020, states the impact of coronavirus pandemic on the real time payment industry. As per MRFR analysis, the global real time payment market can rise at 29.7% CAGR across the assessment period. In 2017, the global real time payment market value was recorded at USD 5.12 Bn. By 2023, the real time payment market can valuation can touch USD 23.57 Bn.

The high penetration of digitization can played a significant role in the rise in the rate of adoption of online and real -time payment systems by individuals. As real-time payments has become an integral part of routine payment for individuals or enterprises, the real time payment market is likely to rise at a high pace in the years to come. The growing popularity of online transactions solutions due to better convenience can prompt the expansion of the world real time payment market.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7060

Segmentation:

The segment study of global real time payment market is based on deployment, solution, service, and verticals. The solution based, real time payment market is segmented into payment processing, payment security, payment gateway, and fraud management among others. The services type based, segments of the real time payment market are managed services and professional services. The deployment based segments of the real time payment market are on-premise and cloud. The verticals based segments of the real time payment market are retail, BFSI, government, IT & telecommunication, and energy & utilities among others.

Regional Analysis

North America real time payment market can rise at a high pace across the review period. The region is likely to garner the generated highest revenue on the conclusion of the evaluation period. The highest market value attainment across the forecast period can be credited to the firm technical base of the region and the growing adoption of real time payment solution across major industries. The expansion of North America real time payment market can be attributed to the high adoption of digital payments services and solution by enterprises and its growing popularity among customers in strong economy, the US, followed by the rest of North America. Canada and Mexico can witness surge in the real time payment market in the review period. The US can generated the highest revenue by 2023. The impact of COVID-19 on real time payment market for the assessment period is studied across the review period. In Europe, the rise of the real-time payment market in the review period can be attributed to the presence of advanced technology and the well-established infrastructure. In the UK, the real time payment can generated the highest revenue for the regional market across the assessment period. The growth of the real time payment market in the Asia Pacific region can thrive with the highest CAGR in the study period 2018–2023. Technical developments in providing secured payment can fuel the expansion of regional real-time payment market across these countries.

Key Players

Wirecard AG (Germany), Financial Software & Systems Pvt. Ltd (India), ACI Worldwide Inc (US), Fiserv Inc (US), Fidelity National Information Servcs Inc (US), Paypal Holdings Inc (US), Ant Financial Services Group (China), Mastercard Inc (US), IntegraPay (US), Obopay (US), Visa Inc Class A (US), Worldline SA (France), Temenos AG (Switzerland), Global Payments Inc (US), Apple Inc (US), REPAY (US), Capgemini SE (France), Icon Solutions Ltd (India), Finastra (UK), Nets A/S (Denmark), Ripple Labs Inc (US), Intelligent Payments Group Ltd (UK), ACE Software Solutions Inc (US), Montran (US), and others.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/real-time-payment-market-7060

Global Real-Time Payment Market Research, By Solution (Payment Gateway, Payment Processing, Payment Security, Fraud Management), Service (Professional, Managed), Deployment (On-Premise, Cloud), Verticals (BFSI, IT & Telecom, Retail) — Forecast till 2023

Office No. 528, Amanora Chambers

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Real Time Payment Market Size Expected to Grow at a CAGR over 29.7% | Key Players are ACI Worldwide Inc (US), Fidelity National Information Servcs Inc (US), Fiserv Inc (US), Paypal Holdings Inc (US), Wirecard AG (Germany) and Mastercard Inc (US) here

News-ID: 2218528 • Views: 431

More Releases from Market Research Future

Field Programmable Gate Array Market 2021 Size, Share, Industry Analysis, Emergi …
Field Programmable Gate Array Market by technology (EEPROM, Antifuse, SRAM, Flash, and others (EPROM and PROM), by Application (data processing, consumer electronics, industrial, military & aerospace, automotive, telecom, and others), and by Type (high-end, mid-end, and low-end FPGA) - Global Opportunity Analysis and Industry Forecast, 2017-2023 According to a recent report published by Allied Market Research, titled, Field Programmable Gate Array Market by Technology, Application, and Type: Global Opportunity Analysis and
Semiconductor IC Tester Market Growth Factor, Demand, Size, Share, Trends, Growt …
The Semiconductor IC Tester Market research report includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the Semiconductor IC Tester market growth. Semiconductor IC Tester is
Tilt Sensor Market Share, COVID-19 Pandemic Impact, Comprehensive Analysis, Oppo …
Global Tilt Sensor Market Highlights: The global Tilt Sensor Market is growing rapidly over 7.42% of CAGR and is expected to reach at USD 257.64 million by the end of forecast period. The global tilt sensor market has been witnessing a steady growth over the last few years on account of rapid growth of automobile and transportation market, high implementation of sensors in the constructions machines and rising demand for tilt
High Altitude Long Endurance Market Demand, Growth, COVID-19 Pandemic Impact, Ap …
High Altitude Long Endurance (Pseudo Satellite) Market Overview Market Research Future (MRFR) anticipates that the High Altitude Long Endurance Market 2020 could potentially achieve a strong valuation of USD 23 billion by 2022. The market is also projected to advance at an approximate rate of 9% between 2016 and 2022 (review period). We will provide covid-19 impact analysis with the report. The research on COVID-19 impact offers an in-depth analysis post

All 5 Releases


More Releases for Payment

E-payment Solutions Market
A new research document is added in HTF MI database of 70 pages, titled as 'E-payment Solutions Market in India 2020' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, LATAM, West Europe, MENA Countries, Southeast Asia or Asia Pacific and important players/vendors such as Axis Bank Limited, HDFC Bank Limited, ICICI Bank Limited, Infibeam Avenues Limited, State Bank
Network Payment Services Market
Reports Intellect newly added the Global Business Catastrophe Insurance Market Report that gives meticulous investigation of current scenario of the Market size, share, demand, growth, trends, and forecast in the coming years. This research report is equipped with the information categorising for Network Payment Services Market by parameters such as players, brands, regions, types and application. The report also details the information about the global market status, competition landscape,
Mobile Payment Technologies Market - Increasing Adoption of Immediate Payment Pr …
First and foremost, growing adoption of smart devices and increasing mobile data usage is fuelling the mobile payment technologies market. This is mainly because of ease of communication and growing demand for convenient mode of transaction. The ceaseless adoption of mobile devices and digitization wave has been instrumental for the mounting use of mobile transaction especially among new-age consumers. For example, according to statistics of the Groupe Speciale Mobile Association
Payment Company Profile: Square
Square is a US-based payment services provider that allows merchants to accept payments from customers for products and services. The solution allows businesses to accept payments through methods including debit and credit cards issued by all major scheme providers (including Visa, Mastercard, American Express, Diners Club, and China UnionPay), as well as NFC-based solutions such as Android Pay and Apple Pay. For offline payments, Square offers an array of traditional and
Alternative Payment Solution: Swish
Orbisresearch.com published “Alternative Payment Solution: Swish Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Swish is a Swedish mobile payment solution launched in 2012. It is one of the leading P2P payment solutions in Europe with 5.7 million users. Initially launched as a P2P payment service between
Payment Gateway Industry Worth US$ 86.9 Billion By 2025 - Hosted Payment Gateway …
The merchants all over the globe are avidly willing to expand their businesses cross-border by adaption of a logical approach, by partnering with the payment gateways. With the help of this partnership, these merchants gain the advantage of tapping the opportunities created by the globalization of e-commerce. Majority of merchants today, are eyeing up global expansion and wish to grow at a faster pace, however, the last thing they would