E-payment System Market Size 2017 Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2026

-

 Future Market Insights (FMI) has recently published a report titled ‘ePayment System Market – Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2026‘. Payment systems are becoming highly complex, incorporating multiple technologies and diverse platform applications, which, in turn, has driven the need for complying with ever-growing technical standards as well as payment scheme requirements. ePayment systems have gained immense traction over the past few years, mainly because of the increasing penetration of Internet-based shopping and banking. As the world advances further with more technological developments, it complements the adoption of electronic payment systems and processing devices. ePayment systems have revolutionized business processing by reducing labor cost, transaction cost, and paperwork. Being less time-consuming and user-friendly than manual processing, ePayment systems are enabling business organizations in expanding their market reach.

Global ePayment System Market: Dynamics

The global ePayment system market is expected to grow at a CAGR of 13.4% in terms of value during the forecast period. The ePayment system market is estimated to be valued at US$ 256,078.0 Mn in 2017, and is projected to grow significantly to reach US$ 793,797.4 Mn by 2026. Furthermore, the growth of the global ePayment system market can be primarily attributed to the rapid expansion of the e-Commerce sector, along with the increasing consumer demand for a quick, easy, secure, and streamlined shopping experience.

Request a Free Sample Report with TOC: https://www.futuremarketinsights.com/reports/sample/rep-gb-5813

Key Developments by Vendors in the Global ePayment System Market

  • In November 2017, MasterCard provided the Verifone M/Chip Fast technology, enabled with a unique code with tap to pay for all transactions, which will be helpful during peak holiday shopping seasons. In May 2017, the company also entered into a partnership with Zain, to launch mobile wallets in Jordan.
  • In December 2017, Worldpay, a global leader in payments, announced that it will partner with Klarna, a leader in invoice and credit-based payments, to further enhance its product portfolio. Worldpay customers trading in Austria, Finland, Germany, the Netherlands, Norway, Sweden, and the United Kingdom, and wishing to accept payments on invoices or instalments, will be able to use Klarna’s invoice and credit-based payments from Worldpay. This will help e-Commerce businesses to improve conversion rates by up to 20%, and provide a fast and smooth checkout process.
  • On July 25, 2017, AGTech Holdings Limited entered into a joint venture (JV) agreement with One97 Communications Ltd. AGTech Holdings will hold a 45% stake in the JV, while Paytm will hold the remaining. As part of the agreement, Paytm will invest US$ 8.8 million and AGTech Holdings US$ 7.2 million in the new venture.

epayment system market

Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-5813

Global ePayment System Market: Competition Analysis

The global market for ePayment systems is witnessing a trend of mergers and acquisitions, thereby leading towards consolidation of the market. Some of the key players in the global ePayment system market include MasterCard, Inc., PayPal Holdings, Inc., Visa, Inc., Ant Financial Services Group, China Union Pay Company Limited, World pay Group Plc., One97 Communications Limited, Alphabet, Inc., M-Pesa Holding Co Limited, Stripe Inc., and other key players.

Key Segments:

By Product Type

  • Software Platforms
  • Services

By Payment Mode

  • Credit cards
  • E-wallets
  • Debit & Other Cards
  • Bank Transfer
  • Cash on Delivery
  • Other Modes

Direct Purchase of this Report@ https://www.futuremarketinsights.com/checkout/5813

Table Of Content

1. Global Outlook
2. Global E-Payment System Market – Executive Summary
3. Global E-Payment System Market Overview
4. Global E-Payment System Market Analysis and Forecast 2012-2026
6. Latin America Global E-Payment System Market Size and Forecast, 2012-2026
7. Europe Global E-Payment System Market Size and Forecast, 2012-2026
8. Japan Global E-Payment System Market Size and Forecast, 2012-2026
9. APEJ Global E-Payment System Market Size and Forecast, 2012-2026
10. MEA Global E-Payment System Market Size and Forecast, 2012-2026
11. Global E-Payment System Market Company Share, Competition Landscape and Company Profiles
12. Research Methodology
13. Secondary and Primary Sources
14. Assumptions and Acronyms
15. Disclaimer

Comments

Post a Comment

Popular posts from this blog

Thionyl Chloride Market Size, Share, Revenue Demand & Growth by 2034

-
Heightening concerns related to water treatment are likely to further fuel its growth engine in the near term. According to the latest report by FMI, the global  thionyl chloride market  is expected to reach a valuation of US$ 829.9 million by 2034. The industry is expected to experience revenue growth at a moderate CAGR of 4.8% during the forecast period. Thionyl chloride is used in various end-use industries such as agrochemicals, pharmaceuticals, dyes & pigments, and organic synthesis. The rising adoption of pesticides in developing countries and developments in the pharmaceutical industry are expected to drive the growth of the thionyl chloride market over the forecast period. However, a majority of end users of thionyl chloride are facing a massive slowdown due to the coronavirus (COVID-19) pandemic. This is substantially widening the supply-demand gap, and, as such, straining the revenue pool of the thionyl chloride market. Further, China – the epicenter of the ...
Read more

Bonded Magnet Market Size, Share, Revenue Demand & Growth by 2034

-
  The  bonded magnet market size  is projected to be around US$ 2,597.40 million in 2024. The demand for bonded magnets is anticipated to expand at a CAGR of 4.80% through 2034. The industry is projected to surpass US$ 4,150.99 million by 2034. The bonded magnet industry is primarily driven by the increasing demand for miniaturization and lightweight components in various applications such as automotive, consumer electronics, and medical devices. The rising focus on sustainability and environmental concerns has propelled the adoption of bonded magnets, which are manufactured using environmentally friendly processes and materials. One of the latest trends in the bonded magnet industry is the development of hybrid magnet systems combining bonded magnets with other materials like plastics or composites. These hybrid systems offer unique properties and performance characteristics, catering to specific application requirements such as weight reduction or thermal stability. ...
Read more

Construction Chemicals Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2031

-
 The essential nature of construction chemicals in the construction and engineering sector is expected to support market growth for the duration of the assessment period from 2021 to 2031. In a new market report, Future Market Insights (FMI) has stated the valuation of the market at US$ 39 Bn in 2020.  Construction chemicals  play critical roles in construction projects including coatings, additives, sealants and more. Affordable housing and smart city projects are major influencers of demand. Strong demand for concrete admixtures, plasticizers in particular is driving the growth of the construction chemicals market. The high degree of workability in areas requiring high levels of reinforcement in high rise buildings and public infrastructure projects will support sales prospects in the coming years. The Asia Pacific excluding Japan region is expected to remain dominant. Major urbanization projects and substantial manufacturing facilities in China are likely to aid ex...
Read more