Press release
Virtual Credit Card Market Is in Huge demand | Billtrust, Marqeta, Cryptopay
Global Virtual Credit Card Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.Major Players in This Report Include,
Abine, Inc. (United States), The American Express Company (United States), Apple (United States), Payscout, Inc. (United States), Billtrust, Inc. (United States), DiviPay Pty Ltd. (Australia), CSI Enterprises, Inc. (United States), JPMorgan Chase & Co. (United States), Emburse, LLC (Certify Inc.) (United States), Mastercard Incorporated (United States), Marqeta, Inc. (United States), Cryptopay Ltd (United Kingdom), Skrill (United Kingdom), Wirecard AG (Germany).
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A virtual credit card is an electronic card that can be created by using the bank's net banking facility by providing credit card details. They can be used only for online transactions to mask the credit card's sensitive data by using the uniquely generated card number. They are connected to the traditional account as a free add on for improved security, transparency and spend visibility. It decreases the chances of credit card fraud as the information on virtual credit cards can not be used by fraudsters.
On 19th May 2022, Mastercard and fintech giant OPay announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity by opening up digital commerce to millions of people across Middle East and Africa. The collaboration enables OPay consumers and merchants in the region to engage with brands and businesses anywhere across the globe, with a Mastercard virtual payment solution linked to the OPay eWallet.
Market Trend
• Increasing Commercial Usage of Virtual Credit Card
• Technological Advancement in Virtual Credit Card
Market Drivers
• Increasing Online Purchases
• Rising Risk of Frauds
• Demand for Transparency and Spend Visibility
Opportunities
• Awareness about the Virtual Credit Card Through Advertisements and Marketing
• The Availability of a Virtual Credit Card to Non-credit Card Holders
Challenges
• Technical Issues Related Problem Might Hinder the Market
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In this research study, the prime factors that are impelling the growth of the Global Virtual Credit Card market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Virtual Credit Card market study is being classified by Type (B2B Virtual Credit Card, B2C Remote Payment Virtual Credit Card, B2C POS Virtual Credit Card), Application (Personal Use, Business Use), Platform (Mobile, Laptops, Desktop, Tablets, POS System, Others), End User (Business Owners, Managers, Accountant, Salaried, Student, Retired, Others)
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Virtual Credit Card market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Extracts from Table of Contents
Virtual Credit Card Market Research Report
Chapter 1 Virtual Credit Card Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued
This report also analyzes the regulatory framework of the Global Markets Virtual Credit Card Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.
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About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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