Global e-Payment Solutions Market Overview:
Online payment solutions are a virtual credit card terminal that allows customers to pay for their goods online. With flourishing e-commerce sector, online payment has witnessed widespread growth over the period, thereby paving way for online payment solutions. In addition, increasing cashless transactions across the world have brought the need for online payments solutions, globally. Some of the players profiled in the study are Paypal Payments Pro (United States), Stripe (United States), Google (United States), Amazon Payments (United States), Adyen (Netherlands), Paysafe Group (United Kingdom), Facebook Messenger payments (United States), 2CheckOut (United States), Alipay (China) and Apple Pay (United States).
On the basis of geography, the market of e-Payment Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Device Type, the sub-segment i.e. Smart devices will boost the e-Payment Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Payment Mode, the sub-segment i.e. Credit Cards will boost the e-Payment Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising proliferation of smartphones and user facilitation of payment
- Massive Growth in E-Commerce and Rapid Adoption of Internet Banking in Both Developed and Developing Nations
- Surging High-Speed Internet Infrastructure Across the World, Especially in Emerging Nations
- Rapid Growth of Consulting Services for Software and Cloud Computing
- Lack of awareness regarding e-payment solutions in underdeveloped countries
- Growing government initiatives and awareness in developing countries
- Increasing International Transaction among Numerous Businesses
- Increasing network vulnerabilities, data breaches and security threats
California Consumer Privacy Act (CCPA) is passing a law for protection of data in United States which will be effective by January, 2020. It is expected to be country’s highest commendable security and privacy law. Also, SEC is taking risk prohibiting steps to overcome breaches in financial sectors specific to public listed companies to increase risk assurance.
Major Objectives Focused through this Study To define, describe, and forecast the Global e-Payment Solutions market on the basis of product  , application [BFSI, Retail, Healthcare, Tourism & hospitality, Media and Entertainment, Airlines, E-Commerce and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the e-Payment Solutions market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the e-Payment Solutions industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are 2C2P (Singapore), BPay (Australia), China Union Pay Company Limited (China), E-payment Solutions (United States) and Paytm (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the e-Payment Solutions market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.