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Alternative Payment Solution Skrill Market and Alternative Payment Solution Masterpass Market

09-07-2017 12:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orbis Research

Alternative Payment Solution Skrill Market and Alternative

Alternative Payment Solution: Skrill and Masterpass Market the Report include basic information like information, scope, facts and industry chain overview, industry policies and plans, product specifications, manufacturing processes, cost structures and so on.

Skrill is a global payments solution provider headquartered in London. It was founded in 2001 as Moneybookers, and renamed as Skrill in 2010. It allows users to store payment details in the Skrill digital wallet, which they can use to make payments for online purchases. Users can register debit and credit cards, bank accounts, or other payment options such as paysafecard and POLi with the wallet for future payments. Consumers can also make payments with their Skrill account balance.

Skrill also offers faster checkout using Skrill 1-Tap using saved payment instruments or the Skrill account balance. Users can make a payment with a single click without logging into their Skrill account. As of August 2017 Skrill had nearly 20 million digital wallet holders.

Get sample for this report: http://www.orbisresearch.com/contacts/request-sample/410272 .

Skrill allows merchants to accept payments from more than 20 local payment methods. It is supported by all major card schemes - Mastercard, Visa, American Express, Diners Club and JCB - as well as by 80 banks globally. Skrill also offers P2P payments, allowing users to send money locally and to 200 markets globally in 40 different currencies.

In collaboration with Mastercard, Skrill offers prepaid cards that can be used for cash withdrawals at 1.9 million ATMs as well as for online and in-store payments at more than 35 million locations globally. These cards are offered with contactless technology in a handful of countries, including the UK, Bulgaria, Poland, France, Italy, and Germany. It has expanded its portfolio by acquiring various payment solutions, including paysafecard in February 2013 and Ukash in April 2015. In August 2015, Skrill was acquired by Optimal Payments, which subsequently changed its name to Paysafe Group.

Purchase for this report: http://www.orbisresearch.com/contact/purchase/410272 .

The report provides information and insights into alternative payment solution Skrill, including –

- Detailed insight into its business
- Comprehensive coverage of its products and services
- Comparative assessment with key alternative payment solutions
- Information on its performance, including its revenue model
- The company's important events and milestones
Scope

- In June 2001, founded as Moneybookers and later rebranded as Skrill.
- In August 2015, Skrill was acquired by Optimal Payments.
- In October 2016, replaced old prepaid cards with new Skrill Prepaid Mastercard.
- As of August 2017 Skrill had nearly 20 million digital wallet holders.
Reasons to buy

- Gain insights into Skrill's business operations, and key events.
- Gain insights into its product portfolio and revenue model.
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.
Companies Mentioned :
PayPal
Mastercard
Visa
American Express
Diners Club
JCB
POLi
paysafecard
Moneybookers
Ukash
NETELLER
Paysafe Group
Optimal Payments

Access complete report: http://www.orbisresearch.com/reports/index/alternative-payment-solution-skrill .

Table of Content:
• Overview
• Historic Milestones
• Key Acquisitions
• Benchmarking
• Performance Highlights
• Revenue Model
• Products & Services
• Significant Events
• Supporting Merchants
• Appendix

Alternative Payment Solution: Masterpass Market:

Masterpass by Mastercard is a global payment service launched in 2013 as an extension of the PayPass wallet service. It allows users to store multiple card details and billing addresses for faster checkout online. Once details are saved it skips the process of entering card and shipping details for all future payments. It also allows users to make in-store payments using their smartphones by scanning a QR code or waving their NFC-enabled phones at POS terminals at partnered merchant stores. The payment solution was initially launched in Australia, Canada, the US, and the UK and later expanded across Europe, Asia, Africa, and the Middle East. The solution is now accepted in more than 40 countries globally.
Masterpass works on all web-enabled devices including desktop computers, mobile phones, and tablets. It is currently supported by 340,000 online websites and apps and is accepted at 6 million merchant locations globally, with more joining each month. Since no extra charges are associated with Masterpass in addition to regular interchange fees, it provides significant incentive to merchants to facilitate transactions with this solution.

Request to sample for this report: http://www.orbisresearch.com/contacts/request-sample/410271 .

Masterpass is supported by major payment schemes Mastercard, Maestro, Visa, American Express, Diners Club, and Discover, and is supported by major banks globally. Users can add their debit credit, prepaid, and loyalty cards to their Masterpass or connected wallet account. In the US, it has collaborated with more than 60 banks and financial institutions.

The report provides information and insights into alternative payment solution Masterpass, including –

- Detailed insight into its business
- Comprehensive coverage of its products and services
- Comparative assessment with key alternative payment solutions
- Information on its performance, including its revenue model
- The company's important events and milestones

Scope

- In 2013, Masterpass was launhed by Mastercard.
- In the US, Masterpass has collaborated with more than 60 banks and financial institutions.
- In September 2016, Masterpass partnered with PayPal, enabling its users to make payments at Braintree merchants.
- In July 2017, partnered with Air Canada, enabling its users to book tickets on Air Canada’s websites via Masterpass.

Purchase for this report: http://www.orbisresearch.com/contact/purchase/410271 .

Reasons to buy

- Gain insights into Masterpass's business operations, and key events.
- Gain insights into its product portfolio and revenue model.
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.
Companies Mentioned:

Mastercard
Maestro
Visa
American Express
Diners Club
Discover
PayPal
US Bank
Citibank
First Hawaiian Bank
KeyBank
Associated Bank
People's United Bank
Bank of the West

Access complete report: http://www.orbisresearch.com/reports/index/alternative-payment-solution-masterpass .

Table of Content:
• Overview
• Historic Milestones
• Benchmarking
• Products & Services
• How Does It Work?
• Significant Events
• Partner Banks & Financial Service Providers
• Partner Banks & Financial Service Providers in the US
• Supporting Merchants
• Appendix

About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Us:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +912064101019

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