WHAT IS DIGITAL PAYMENT MARKET?

The market for digital payments worldwide was estimated to be worth USD 81.07 billion in 2021 and is anticipated to grow to USD 272.64 billion by 2029, recording a CAGR of 16.37% over the forecast period of 2022-2029. The market report created by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis in addition to market insights like market value, growth rate, market segments, geographical coverage, market players, and market scenario.

Digital Payment Market survey report has been formulated with the scrupulous efforts of an innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters. Market-related variables incorporated in this business research report such as current market trends, market division, new market section, industry anticipation, future bearings, opportunity analysis, key examination and arranging, target market, experiences and advancement in technology assist the organization to grow and expand in the current market scenario. For the clear and better understanding of facts and figures, the data is represented in the form of graphs and charts throughout Digital Payment Market document.

Access PDF Sample Report (Including Graphs, Charts & Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-digital-payment-market

Market Definition

A digital payment is an electronic payment made by one party to the other for purchasing goods and services. A digital payment results in debited the amount from the payer’s account and crediting the same amount to the payee’s account.   

COVID-19 Impact on Digital Payment Market

The COVID-19 pandemic has benefited the expansion of the market and the post-pandemic period will continue to push forward the market growth rate. The pandemic phase has led to the widespread adoption of contactless payment systems, particularly e-wallets. Though the manufacturing industry was hit badly, the market for digital payments saw a rise in bill payments, Peer to Peer (P2P) transfers, and Customer to Business (C2B) payments during the lockdown period.

Recent Developments

  • Fiserv will introduce EnteractSM, a brand-new cloud-based customer relationship management (CRM) platform for financial institutions, in November 2021. A Microsoft Azure-based integration framework offered by Enteract allows for real-time process integration across core banking, enterprise content management, and digital channels. It also synchronises consumer data with back-end systems.
  • Virgin Money and Global Payments Inc. signed a contract in September 2021 to use Global Payments' distinctive two-sided network to give Virgin Money consumers access to industry-leading digital payment experiences worldwide.
  • RealNet is a new cloud-based software as a service (SaaS) platform that will enable account-to-account (A2A) transactions for companies, individuals, and governments across real-time payment networks. RealNet was introduced by FIS in April 2021.

DIGITAL PAYMENT MARKET SEGMENTATION-

Offering

  • Solutions
  • Payment Gateway Solutions
  • Payment Processing Solutions
  • Payment Wallet Solutions
  • Payment Security and Fraud Management Solutions
  • Point of Sale (POS) Solutions
  • Services
  • Professional Services
  • Consulting         
  • Implementation             
  • Support and Maintenance
  • Managed Services

Deployment Model

  • On Premises
  • Cloud

Organization Size

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

Mode of Payment

  • Payment Cards
  • Point of Sale
  • Unified Payments Interface (UPI) Service
  • Mobile Payment
  • Online Payment

Mode of Usage

  • Mobile Application
  • Desktop/Web Browser

Technology

  • Application Programming Interface (API)
  • Data Analytics and ML
  • Digital Ledger Technology (DLT)
  • AI and IoT
  • Biometric Authentication

Use Case

  • Person (P/C)
  • Merchant/ Business
  • Government

End User

  • Commercial
  • Consumer

To Gain More Insights about this Research, Visit @ https://www.databridgemarketresearch.com/reports/global-digital-payment-market

KEY POINTERS COVERED IN GLOBAL DIGITAL PAYMENT MARKET INDUSTRY TRENDS AND FORECAST TO 2029

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and over view of Surface analysis market
  • Company profiling of top eight players of Digital Payment Market

KEY MARKET COMPETITORS COVERED IN THE REPORT

  • ACI Worldwide (U.S.)
  • PayPal, Inc. (U.S.)
  • Novatti Group Ltd (Australia)
  • Global Payments Inc. (U.S.)
  • Visa (U.S.)
  • Stripe, Inc. (Ireland)
  • Google, LLC (U.S.)
  • Finastra. (U.K.)
  • SAMSUNG (South Korea)
  • Amazon Web Services, Inc. (U.S.)
  • Financial Software & Systems Pvt. Ltd. (U.S.)
  • Aurus Inc. (U.S.)
  • Adyen (Netherlands)
  • Apple Inc. (U.S.)
  • Fiserv, Inc. (U.S.)
  • WEX Inc. (U.S.)
  • wirecard (U.S.)
  • Mastercard. (U.S.)

BASIC QUESTIONS ASKED

  • Which companies dominate the Digital Payment Market globally?
  • What factors might prevent the worldwide market from growing throughout the expected time period?
  • Which geographic market offers the most enticing growth opportunities for companies that operate in this sector?
  • Which are the factors driving the Digital Payment Market during the forecast period?
  • What is the expected market value of the Digital Payment Market during the forecast period?

DIGITAL PAYMENT MARKET COUNTRY LEVEL ANALYSIS

  • The countries covered in the Digital Payment Market report are
  • U.S.
  •  Canada
  •  and Mexico in North America
  •  Germany
  •  France
  •  U.K.
  •  Netherlands
  •  Switzerland
  •  Belgium
  •  Russia
  •  Italy
  •  Spain
  •  Turkey
  •  Rest of Europe in Europe
  •  China
  •  Japan
  •  India
  •  South Korea
  •  Singapore
  •  Malaysia
  •  Australia
  •  Thailand
  •  Indonesia
  •  Philippines
  •  Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
  •  Saudi Arabia
  •  U.A.E
  •  South Africa
  •  Egypt
  •  Israel

MAJOR TOC OF THE REPORT

  • Introduction
  • Market Segmentation
  • Executive Summary
  • Premium Insight
  • Market Overview
  • Covid-19 Impact on Tracheostomy Products in Healthcare Industry
  • Digital Payment Market, by Product Type
  • Digital Payment Market, by Modality
  • Digital Payment Market, by Type
  • Digital Payment Market, by Mode
  • Digital Payment Market, by End User
  • Digital Payment Market, by Geography
  • Digital Payment Market, Company Landscape
  • Swot Analysis
  • Company Profiles
  • Related Reports

Get TOC Details- https://www.databridgemarketresearch.com/toc/?dbmr=global-digital-payment-market

BROWSE RELATED REPORTS@

About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818  
Email: Sopan.gedam@databridgemarketresearch.com