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Person-to-person Payment Market 2022, Forecast to 2029- Global Industry Revenue Status, Size, Share, Growth, Data Information of Leading Companies and Consumption Value by Key Regions | Circle Internet Financial Limited, Square, Inc., clearXchange., Ant F

09-30-2022 10:13 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsnReports.com

Person-to-person Payment Market Research Report: A Brief Sketch

• The study aims to evaluate different segments, their individual development trends, and their contribution to the overall industry's growth.
• Furthermore, the research offers extensive data about the key factors such as the drivers, challenges, restraints, and opportunities and their impact on the growth rate.
• Most importantly, the report delivers competitive intelligence data from market evaluation and helps companies plan their growth strategies from the consumption volume and forecast statistics.
• Furthermore, the Person-to-person Payment Market research report incorporates qualitative data to understand market dynamics, trends, and developments.
• It also offers top-notch insights about current trends and future estimations of the market.

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Person-to-person Payment is the online technology that allows customers to transfer funds from their bank account or credit card to another individual's account via the Internet. It is based on the successful Paypal approach where customers establish secure connection of accounts with a trusted third-party vendor, designating their bank account or credit card information for transferring and accepting funds. An alternative approach is where customers use an online interface or mobile application to assign the amount of funds to be transferred.

The report focuses on the Person-to-person Payment market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Person-to-person Payment market.

Major Players in the Person-to-person Payment market are:
Circle Internet Financial Limited
Square, Inc.
clearXchange.
Ant Financial
TransferWise Ltd.
One97 Communications Ltd.
SnapCash
Tencent
Dwolla, Inc.
CurrencyFair LTD
PayPal

On the basis of types, the Person-to-person Payment market is primarily split into:
Remote Payments
Proximity Payments

On the basis of applications, the market covers:
Retail Payments
Travels & Hospitality Payments
Transportation & Logistics Payments
Energy & Utilities Payments

Major Regions or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

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Years considered for this report:
Historical Years: 2017-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2029

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