Digital Payment Global Market Report 2023 – By Mod Digital Payment Global Market Report 2023 – By Mode Of Payment (Point Of Sale, Online Sale), By EndUser Industry (Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Other End Use Industries), By Deployment (Cloud, OnPremise), By Enterprise (Large Enterprises, Small And Medium Enterprises) – Market Size, Trends, And Global Forecast 2023-2032 ...(expand)

Digital payments are a payment mode that uses digital medium such as the internet, cell phones and automated devices to send and receive money. It needs both payer and payee to use the digital means to send and receive money, it is not mandatory in some situations for the payee to use a digital medium to receive money. For further insights on the digital payments market, request a sample here

The digital payments market growth is aided by quick onboarding and ease of use. However, some digital payments market restraints include a breach in security. For further insights on the digital payments market, request a sample here

The digital payments market is expected to reach $197.87 billion in 2027 at a rate of 15.5%. For further insights on the digital payments market, request a sample here

The global digital payments market is segmented as
1) By Mode Of Payment: Point Of Sale, Online Sale
2) By End-User Industry: Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Other End Use Industries
3) By Deployment: Cloud, On-Premise
4) By Enterprise: Large Enterprises, Small And Medium Enterprises
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Asia-Pacific was the largest region in the digital payments market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Key competitors in the digital payments market are, Alipay, Amazon Pay, Apple Pay, Tencent, Google Pay, First Data, Paypal, Fiserv, Visa Inc., MasterCard, Total System Services (TSYS), Novatti, Global Payments, Financial Software & Systems, Worldline, BlueSnap, Net 1 UEPS Technologies, Wirecard, ACI Worldwide, Worldpay (Vantiv), Aurus Inc, Chetu, Paysafe, PayU, Yapstone, Adyen. For further insights on the digital payments market, request a sample here.

Major trends influencing the digital payments market include contactless payment technology. Many users are increasingly opting for contactless payment technologies such as mobile wallets, contactless cards, and others as they are more secure and convenient to use. Contactless payment technology uses radio frequency identification (RFID) or near-field communication (NFC) for the transmission of amounts among users. For further insights on the digital payments market, request a sample here.

For detailed insights on the major opportunities and strategies in the digital payments market, request a sample here.

For detailed insights on digital payments market's relation to the overall economy and other similar markets, request a sample here.

For detailed insights on the mergers and acquisitions in the digital payments industry, request a sample here.

For detailed insights on the key dynamics influencing the digital payments market growth and SWOT analysis of the digital payments industry, request a sample here.