Growing Landscape Of The Indian Digital Payment Systems Market Outlook: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The Indian payments industry is widely dominated by the cash-based transactions. The government and private segment both are running on the digital payment wave. Whereas, in the digital payments, payee and payers both need to use digital modes to receive or send money. No hard cash is included in the digital payments. Hence, the digital payment is a method of payment which is done with the help of digital modes. In addition, the banking industry in the country was prominent branch based till 2014. Afterwards, there was a substantial growth in the branch-less channels of banking, which has further discovered into digital payments in both urban and rural regions. Additionally, the key players of this market are dominating the highest market share across the globe by adopting the effective strategies and policies for making significant developments in the platforms of digital payments which further lead the market growth more effectively around the globe. According to the report analysis, ‘Digital Payment Systems Market In India – Drivers, Opportunities, Trends, And Forecasts To 2022’ it states that there are several key players which are presently functioning in this market more efficiently for accounting the handsome amount of share around the globe by doing advanced developments in the mode of digital payments includes Paytm, MobiKwik, PayUmoney, Airtel Money, Vodafone Mpesa, Idea Money, Stank Bank Buddy, HDFC Bank PayZapp, ICICI Bank Pockets, Axis Bank LIME, Freecharge, PhonePe, Samsung Pay, and several others. Moreover, the funds could be transfer with the help of various modes of electronic such as Mobile Banking, Digital Payment Methods, Mobile Wallets, Payment Banks, and several others. Moreover, the key players of this market are establishing the effective research and development programs for making effective applications which further increase the demand across the globe and market take up a significant growth more efficiently during the forecasted period. Although, Indian digital payments industry is predictable to reach USD 700 billion by 2022 in terms of value of transactions.The decreased transaction charges and the degree of ease of cash transfers accompanied with the electronic fund transfers and mobile banking will further lead the growth of digital payment systems in India. Also, the Indian Government is conveying positive policy framework such as Goods and Services Tax (GST), financial inclusion, enlightening digital infrastructure, introduction payment systems such as aadhar enabled payments, UPI, and others which are supportive the digital payments industry. Additionally, the Digital Payment Systems Market in India market will observe an effective CAGR of 58.90% during the forecast period of FY2017-FY2023. The market is divided by digital payment system types and regions. The transforming customer behavior, significant increase in internet penetration rate, and government policies are fueling the industry which is indirectly supported by the growing demand for P2P payments, e-commerce platforms, utility bill payments, and others. Therefore, in the near future, it is expected that the market of digital payment systems in India will increase more positively over the recent few years with the huge amount of investment by the international and domestic market players in the developments. To know more, click on the link below:- Digital Payment Systems Market In India Related Report:- Global Digital Payment Solutions Market Size Study, By Type (Payment Gateway Solution, Payment Wallet Solutions, Payment Processing Solutions, Payment Security & Fraud Management Solutions, Pos Solutions, Other), By Application (Mnos, Financial Institutions, Payment Network, Intermediaries, Merchants, Customers) And Regional Forecasts 2018-2025 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Post Views: 2 Tags: Airtel Money Digital Payment Systems Market Analysis, Axis Bank LIME Digital Payment Systems Market, Free Charge Digital Payment Market Share, Hdfc Payzapp Digital Payment Systems Market, ICICI Pockets Digital Payment Systems Market, Idea Money Digital Payment Systems Market, India Digital Payment Methods, India Digital Payment Systems Industry Research Report, India Digital Payment Systems Market Analysis, India Digital Payment Systems Market Drivers, India Digital Payment Systems Market Forecast, India Digital Payment Systems Market Future Outlook, India Digital Payment Systems Market Growth, India Digital Payment Systems Market Opportunities, India Digital Payment Systems Market Overview, India Digital Payment Systems Market Research Report, India Digital Payment Systems Market Revenue, India Digital Payment Systems Market Scope, India Digital Payment Systems Market Segmentation, India Digital Payment Systems Market Share, India Digital Payment Systems Market Trends, India E-Payment Systems Market, India Electronic Fund Transfer Payment Systems, India Mobile Wallet Market Revenue, India PhonePe Digital Payment Systems Market, India Utility Bill Payments Market, MobiKwik Digital Payment Systems Market Revenue, P2P Digital Payments Systems Market In India, Paytm Digital Payment Market Competition, PayUmoney Digital Payment Market Analysis, Person To Person Digital Payments Market, Samsung Pay Digital Payment Systems Market, State Bank Buddy Digital Payment Systems Market, Vodafone MPesa Digital Payment Systems Market