Growing Demand of Web Based Shopping Coupled with Impact of Covid – 19 Boosted the Global Digital Payment Market Outlook: Ken Research Worldwide Digital Payment market was esteemed as USD billion during the year 2019. Inferable from the abrupt COVID-19 episode interest for the contactless payments, market is normal observer high development and is supposed to arrive at a higher market size in USD billion by 2020. Post 2020 the worldwide digital payment market is supposed to… Read More »
Future Growth of Global Digital Payment Market: Ken Research Digital payment is referred to as those payments that take place using the various types of electronic medium. These methods do not require payment to be made in the form of cash or providing cheque. At present, there are multiple modes and types of digital payments that are prevalent across the globe such as Banking… Read More »
Global Digital Payment Market Predict To Propel Owing To Increasing Smartphone Penetration and Increase in Smart Wallets: Ken Research Digital payment is a form of transaction which takes place with the help of digital or online modes, with no physical exchange of money comprised. This means that both the parties, the payee and the payer, utilize the electronic mediums to exchange the money. In other words, the payment services are an underpinning of every… Read More »
Future Growth Of Global Digital Payment Market: Ken Research 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… Read More »
Global Payment Gateways Market Size by Transaction Value is expected to reach USD 12 Trillion by the year 2024: Ken Research Shifting from legacy systems used by banks to real-time payments, many governments around the world are introducing national payment gateways and open banking systems. Mobile banking is expected to rise with the banks expected to provide access to third-party developers through APIs. Banks, Big Technology and E-commerce companies have made investments into payments technology by… Read More »
Global Payment Gateway Market Outlook to 2024: Ken Research The report titled “Global Payment Gateway Market Outlook to 2024 – By Region (APAC, North America, Europe, North America, Middle East and Africa, and Latin America) and End-User Industry (Retail, Transportation, Government, Banking and Financial, Telecommunications and Others)“ provides a comprehensive analysis on Global Payment Gateway companies. The report covers various aspects including market overview,… Read More »
Global Payment Gateway Industry Analysis and Forecast – Ken Research The current phase of the industry is highly fragmented and consolidation is expected to drive the market. The acquisition of payment gateways Industry by payment processing companies have been on the rise. FIS’s acquisition of Worldpay, Fiserv’s acquisition of First Data, Paypal’s acquisition of Swedish fintech company iZettle are some examples where payment processing companies are acquiring newer capabilities to reach more customers… Read More »
Application of Machine Learning and Artificial Intelligence with Rising Mergers and Acquisitions has Supported Global Payment Gateway Market: Ken Research “Increase in mobile and internet penetration along with the adoption of digital technology, government’s need to provide banking channels to the unbanked population, and a rise in Fintech is driving the growth in transaction value and volume through payment gateways globally.“ Analysts at Ken Research in their latest publication “Global Payment Gateway Market Outlook to 2024” believe growth in e-commerce, demand by customers to… Read More »
