Digital Payment Market Analysis to 2027 is specialized and in-depth study of the digital payment market with special focus on the global market trend analysis.
NEW YORK, US, January 23, 2020 /EINPresswire.com/ — The digital payment is a payment made by digital instruments. The increasing demand for online payment method globally that drives the growth of the digital payment market. Many offers given by the merchant on online payment, such as a point on sale, cashback offers are encouraging to the user to use digital payment that boosting demand for the digital payment market. Rapid development in ecommerce, mobile payment technology, also growing use of mobile wallets contributing to the growth of the digital payment market.
Top Companies Covered in this Report:
1. Aliant Payment Systems, 2. Aurus Inc., 3. Authorize.Net, 4. Financial Software and Systems Pvt. Ltd., 5. Global Payments Inc., 6. Novatti Group Limited, 7. PayPal Holdings Inc., 8. Paysafe Holdings, 9. Total System Services, Inc., 10. Wirecard
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What is the Dynamics of Digital Payment Market?
The digital payment method is rising owing to its fact, such as it is safer, easier, faster hence fueling demand for the digital payment market. The increasing concern about the safety of money transportation is also boosting demand for the digital payment market. Increasing use of smartphones and various payment application make it easier to transfer money that also propel the growth of the market. However, the chances of fraud payment, service fees, and misuse of technology are the key hindering factor for the growth of the digital payment market. The government is creating awareness about digital payment to increase transparency, reduce corruption, and increasing security about payment. Theses factor drive the growth of the digital payment market.
What is the SCOPE of Digital Payment Market?
The "Global Digital Payment Market Analysis to 2027" is a specialized and in-depth study of the digital payment market with a special focus on the global market trend analysis. The report aims to provide an overview of digital payment market with detailed market segmentation by solution, enterprise size, deployment type, end-user, and geography. The global digital payment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading digital payment market players and offers key trends and opportunities in the digital payment market.
What is the Market Segmentation?
The global digital payment market is segmented on the basis of solution, enterprise size, deployment type, and end-user. On the basis of solution the market is segmented as payment gateway, payment processing, payment security and fraud management, others. On the basis of enterprise size the market is segmented as large enterprises, small and medium enterprises. On the basis of deployment type the market is segmented as cloud, on-premise. on the basis of end-user the market is segmented as BSFI, healthcare, IT and telecom, media and entertainment, retail and ecommerce, others.
What is the Regional Framework of Digital Payment Market?
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global digital payment market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The digital payment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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Source: EIN Presswire