Digital Payment & Security Market Anticipating Significant Revenue Growth Due to Surging Demand in the Industry

The latest study released on the global 'Digital Payment & Security' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Digital Payment & Security' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
Visa (United States), Mastercard (United States), Chase Bank (United States), American Express Company (United States), Discover Financial Services (United States), Citibank (United States), Capital One (United States), Bank of America Corporation (United States), Wells Fargo (United States), U.S. Bank (United States)
The pace of the shift to digital payment has significantly increased with the focus towards a cashless economy. Nowadays digital payment is becoming a key part of daily lives and impacting society, business and economy at large. Innovative use of technology has enabled digital payment infrastructure and the creation of innovative products such as mobile wallets, i.e. prepaid payment instruments. As rapid transactions to the digital payment ecosystem, threats are also moving from cash to cyber and the nascent ecosystem is already facing sophisticated cybersecurity. Digital payment features real-time, agile and personalized payment services. It entails the usage of the application program interface, blockchain technologies, and mobile wallets.

On Oct 20, 2019 - Mastercard unveiled Payment on Delivery, a new solution allowing businesses to pay a supplier in real-time when receiving goods or services.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Digital Payment & Security Market various segments and emerging territory.

Influencing Market Trend
• Advancement and Development in Technology to Offer Hassle-Free Transaction
Market Drivers
• High Proliferation of Smartphones
• Worldwide Initiatives for the Promotion of Digital Payments
Opportunities:
• Growing Demand from Emerging Economies
Challenges:
• Risk of Fraud and Cyber-Attacks Affecting Digital Payment

Analysis by Password Security Type (3D Secured, Secure One Time Password (OTP), Finger Authentication), Transaction Platform (Online (Browser {Net Banking}, Mobile {App Based}), Offline), Card Type (Credit Cards, Debit Cards (Visa, Master, Amex), Others), Transaction Card on File Type (With Card on File, Without Card on File)

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The regional analysis of Global Digital Payment & Security Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

In the United States, the rights and liabilities of both consumers and financial institutions involved in consumer electronic payment transactions, including funds transfer through the ACH, ATM or POS networks, are governed by the Electronic Fund Transfer Act of 1978 and the Federal Reserve’s Regulation E. Regulation E also sets standards for financial disclosure, card issuance, access and error resolution procedures applicable to all financial institutions.

On Sept 12, 2019 - Visa announced that it has completed the acquisition of Verifi, a leader in technology solutions that reduce chargebacks.
On Sept 11, 2019 - Mastercard and R3 partner to develop a new blockchain-powered cross-border payment solution.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/117361-global-digital-payment--security-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Digital Payment & Security market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Digital Payment & Security market.

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About Author:
AMA Research & Media 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.
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This release was published on openPR.