Future Growth Of Global Digital Payment Market: 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 Digital payment is a mode of payment, which is carried out with the aid of an electronic payment instrument. It enables peer to peer transfer between the payer and payee. It is safer & more reliable than the traditional method because it eliminates the chances of theft or robbery. Some of the commonly used payment gateways are payment security & fraud management solutions, payment wallet solutions, and Point-of-Sale (POS) solutions. According to study, “Digital Payment Market: Market Segments: By Component [Solutions (Payment Gateway Solutions, Payment Processing Solutions, Wallet Solutions, Payment Security and Fraud Management Solutions, Point of Sale Solutions), Services (professional services (Consulting, Implementation, Support and Maintenance), Managed Services)]; By Deployment Mode (On-Premises and Cloud); By Organization Size (Large Enterprises, and Small and Medium-sized Enterprises (SMEs)); By Product Type (Standalone and Integrated); By Vertical (Banking, Financial Services, and Insurance, Retail and Ecommerce, Healthcare, Travel and Hospitality, Transportation and Logistics, Media and Entertainment, and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030”. Some of the key companies operating in the global digital payment market are Apple Pay, Tencent, Alipay, Amazon Pay, Google Pay, First Data, MasterCard, Total System Services (TSYS), Novatti, Paypal, Fiserv, Visa Inc., Global Payments, BlueSnap, Net 1 UEPS Technologies, Financial Software & Systems, Worldline, Wirecard, ACI Worldwide, Chetu, Paysafe, PayU, Yapstone, Adyen, Worldpay (Vantiv), Aurus Inc. On the basis of component, the digital payment market is bifurcated as services and solutions. Services include managed services and professional services (support & maintenance, implementation, and consulting). Solutions include payment security & fraud management solutions, payment gateway solutions, wallet solutions, payment processing solutions, and point of sale solutions. On the basis of product type, the market is bifurcated into integrated products and standalone products. On the basis of organization size, the market is bifurcated into small & medium enterprises and large enterprises. In addition, on the basis of the vertical, the market is bifurcated as media & entertainment, transportation & logistics, travel & hospitality, healthcare, retail & eCommerce, BFSI and others. The digital payment market is driven by growth in the adoption of real-time payments, followed by high proliferation of smart-phones enabling m-commerce growth, growth in customer expectations, rise in the adoption of contactless payments, and increase in eCommerce sales & growth in internet penetration. However, a lack of digital literacy in emerging countries and a Lack of global standards for cross-border payments may impact the market. Moreover, progressive changes in regulatory frameworks and rapid decline in unbanked populations across the globe are key opportunities for the market. Based on geography, the North-American is a leading region in the global digital payment market owing to the presence of a large number of solution providers and the growth of the mobile commerce industry coupled with the developed digital economy in the region. The European and Asian-Pacific regions are estimated to witness a higher growth rate due to the growth of digitalization and an increase in government efforts to use digital payments over the forecast period. It is projected that the future of the global market will be optimistic on account of an increase in the number of small & medium enterprises during the forecast period. The digital payment market is expected to surpass the US $167.6 billion by 2030 from the US $77.9 billion in 2019 at a CAGR of 14.5% during the forecast period 2020-30. For More Information on the Research Report, refer to below links: – Global Digital Payment Market Analysis Related Report:- Mobile Payment Technology Market by Payment Mode (Proximity Payment and Remote Payment), by Technology (NFC, QR Code, WAP & Card-Based, Digital Wallet, Banking App-based, SMS-based/DCB, and Others [USSD/STK, MST, etc.]), and by Application (BFSI, Retail, Healthcare, Entertainment, IT and Telecom, Energy & Utilities, Hospitality & Tourism, and Others [Education, Government]): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Alipay Digital Payment Market Size, Global Cloud Digital Payment Market, Global Digital Payment Industry, Global Digital Payment Industry Research Report, Global Digital Payment Market, Global Digital Payment Market Analysis, Global Digital Payment Market End Users, Global Digital Payment Market Forecast, Global Digital Payment Market Future Outlook, Global Digital Payment Market Growth Rate, Global Digital Payment Market Major Players, Global Digital Payment Market Research Report, Global Digital Payment Market Revenue, Global Digital Payment Market Segmentation, Global Digital Payment Market Share, Global Digital Payment Market Size, Global Large Enterprises Digital Payment Market, Global On-premises Digital Payment Market, Global SMEs Digital Payment Market, MasterCard Digital Payment Market Share, PayPal Holdings Digital Payment Market Growth, Paytm Mobile Digital Payment Market Sales Growth, Stripe Digital Payment Market Growth Rate, Visa Digital Payment Market Future Plans