Global Payments Market Report (2021-2030) – Growth, Share, Trends, Demand And Analysis

The Business Research Company offers "Payments Global Market Report 2021 - By Type (Credit Transfer, Direct Debit, Check Payment, Cash Deposit), By Application (Banks, Non-Banking Financial Institutions), By End-User Industry (Retail, Banking And Financial Service, Telecommunication, Government, Transportation), COVID-19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The payments market report describes and explains the global payments market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The payments market consists of sales of payments services by entities (organizations, sole traders, and partnerships) that are engaged in facilitating payment transfers between individuals, companies, or both. The payments industry consists of establishments primarily engaged in processing money transfers and payments between various accounts. This includes all institutions involved in payment processing such as banks, non-banking financial institutions, and others. Revenue generated from the payments market includes all the processing and services fees levied by the banks and financial institutions for payment processing.

The global payments market is expected to grow from $466.29 billion in 2020 to $517.68 billion in 2021 at a compound annual growth rate (CAGR) of 11%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $735.39 billion in 2025 at a CAGR of 9.2%.

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Some of the major players of payments market are PayPal, Square Inc., Apple Inc, Amazon Payments, Flagship Merchant Services, GoCardless, Bitpay, Stripe, Payline Data, FIS, Bank Of America, Industry And Commercial Bank Of China, Citibank, JPMorgan Chase, Wells Fargo And Company, Capital One, ACI Worldwide, MasterCard, Fiserv, Visa, Alipay, American Express, Samsung Electronics, National Merchants, Google Pay, X-Payments, Braintree, First Data Corporation, Adyen.

The countries covered in the payments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the payments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global payments market is segmented –
1) By Type: Credit Transfer, Direct Debit, Check Payment, Cash Deposit
2) By Application: Banks, Non-Banking Financial Institutions, Others
3) By End-User Industry: Retail, Banking and Financial Service, Telecommunication, Government, Transportation, Others

Read More On The Global Payments Market Report:
https://www.thebusinessresearchcompany.com/report/payments-global-market-report-2018

Few Points From Table Of Content
1. Executive Summary
2. Payments Market Characteristics
3. Payments Market Trends And Strategies
4. Impact Of COVID-19 On Payments
5. Payments Market Size And Growth
....
26. Africa Payments Market
27. Payments Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Payments Market
29. Payments Market Future Outlook and Potential Analysis
30. Appendix

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