India Payment Services Market is expected to reach INR 2,023 Trillion in Transaction Value by FY 2026: Ken Research

Key Finding A shift in consumer’s payment preference was noted with the advent of unprecedented situation of COVID-19 wherein individuals are relying more on online transactions rather than the traditional medium of cash based transactions. Surge in growth of electronic payments in India, along with rising E-commerce and M-commerce transactions are further expected to give… Read More »

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 »

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 »

India Payment Services Market, Industry, Market Revenue, Market Sales, Market Shares, Market Major Players, Market Growth and Analysis: Ken Research

Overview of India Payment Service Market India payment services market, which has traditionally been dominated by cash, witnessed advancement towards digital transactions both in terms of value and volume during the demonetization phase in India. The total market size for the India Payment service market has raised from INR ~ trillion in FY’16 to INR… Read More »

India Payment Services Market Growing with the Surging developments in Digital Payment Ecosystem and Infrastructure: Ken Research

“Launch of innovative payment products such as UPI, NETC-FASTag, and BBPS among others has driven the growth of Payment Services Market in India.” Digital India Campaign and Economic Goals: The government of India has been extensively focusing on “Digital India” campaign initially launched in 2015 to improve the online infrastructure of the country to ensure… Read More »

India Payment Services Market Outlook to 2026: Ken Research

The report titled “India Payment Services Market Outlook to 2026” provides a comprehensive analysis of the payment services, payment gateway, m-wallet, POS Terminals, credit and debit card, payment security and prepaid instruments market in India. The report focuses on the overall competitive landscape; government role and regulations, growth drivers, COVID impact, trends and developments. Furthermore… Read More »