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Digital Payment Market in North America: Insights and Forecast, 2021 to 2028

12-05-2023 01:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Business Market Insights

The North America digital payment market is expected to grow from US$ 38,853.59 million in 2021 to US$ 107,351.18 million by 2028; it is estimated to grow at a CAGR of 15.6% from 2021 to 2028.

The way people access the internet has a direct impact on the growth of mobile commerce. Users prefer smartphones over PCs for internet surfing as smartphones are more affordable, and high-speed internet is no longer a premium infrastructure in many countries. Retailers develop shopping applications that have easy-to-browse catalogs and a simple checkout experience. Bankers and payment service providers are making significant use of the fact that customers are intrinsically tied to their mobile phones. Banks provide banking apps that allow transactions to be completed on mobile devices. Mobile commerce has also shifted the way brick-and-mortar businesses work, particularly in terms of accepting cashless payments, owing to the growth of the digital payment market. For instance, Apple Pay, Samsung Pay, and Google Pay are among the leading competitors, where they compete with the market leaders in their respective countries. With a consistent rise in mobile payment in several countries, the North America digital payment market is growing at a significant pace.

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Top Key Players Listed in the North America Digital Payment Market 2022 - 2030 Report Are:

ACI Worldwide, Inc.
Adyen
Block, Inc.
Financial Software & Systems Pvt. Ltd.
Fiserv, Inc.
Global Payments Inc.
Novatti Group Ltd
PayPal Holdings, Inc.
Paysafe Limited
PayU

North America Digital Payment Market Segmentation :

North America Digital Payment Market, by Component
Solution
Payment Gateway
Payment Processing
Payment Security and Fraud Management
Point of Sale
Payment Wallet
Services
Professional Services
Managed Services


North America Digital Payment Market, by Deployment
On-Premise
Cloud-Based

North America Digital Payment Market, by Organization Size
SMEs
Large Enterprises

North America Digital Payment Market, by Industry
BFSI
Retail and Ecommerce
Healthcare
Travel and Hospitality
Media and Entertainment
IT and Telecom
Others

In this report, the market has been segmented on the basis of:

The North America Digital Payment Market 2022 - 2030 Competitive Viewpoint:

This analysis is a useful resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach within the current Market situation. While focusing on top companies and their corporate strategies, market presence, operative segmentation, aggressive outlook, geographical growth, pricing and price structures, the study painstakingly takes into consideration the market analysis.

Get Full North America Digital Payment Market Report :https://www.businessmarketinsights.com/reports/north-america-digital-payment-market

Reason to buy this report:

• Understand the Current and future of the North America Digital Payment Market in both Established and rising markets.
• The report enlightens the massive patterns, causes, and impact factors globally and regionally.

• The latest developments within the North America Digital Payment market and details of the industry leaders alongside their market share and methods.
• It looks into vital developments like extensions, agreements, new product launches, and acquisitions on the horizon.
• Analysis the market's potential, preferred position, opportunity, difficulty, restrictions, and hazards on a world and regional level.

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Customized Analysis report:

We offer clients specialized report services that take into consideration the most variables influencing the development of the worldwide Market. Feel free to call or drop your requirement to get the get customized research report.

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If you have any questions about this report or would like further information, please contact us:

Contact person: Ankit Mathur

Email: sales@businessmarketinsights.com

Phone: +16467917070

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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