NJ New Jersey, USA -- (SBWire) -- 11/08/2022 --Advance Market Analytics published a new research publication on "Online Travel Payment Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Online Travel Payment market was mainly driven by the increasing R&D spending across the world.
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Some of the key players profiled in the study are:
Airbnb Inc. (United States), Alibaba Group Holdings (China), Booking Holdings Inc. (United States), Cleartrip Pvt. Ltd. (India), easyJet PLC (United Kingdom), Mastercard Inc. (United States), PayPal Inc. (United States), Tencent Holdings (China), Visa Inc. (United States), Airplus (Germany).
The titled segments and sub-section of the market are illuminated below:
by Travel service type (Travel accommodation, Vacation packages), Mode of Payments (Debit/Credit cards, E wallets, Internet banking, Digital payment apps, Others), Booking platforms (Desktop, Mobile)
Scope of the Report of Online Travel Payment
Online payment methods for travel include credit cards, debit cards and other digital payment options. However, the digital payment options such as wallets and local payment schemes are becoming popular among the people. Various travel service provider offers digital payment options along with credit and debit cards. These payment options are quick and hassle free which helps the individual to in bookings. These benefits are increasing the usage of online travel payments.
Opportunities:
Increasing Popularity of Digital Payment in Developing Economies
Increasing Disposable Income is Boosting the Market
Penetration of Internet Facilities
Market Trends:
Introduction of New and Advanced Version of Mobile Apps which Offers Deals and Hassle Free Bookings
Increasing Preference of Online Travel Booking Through Mobile
Market Drivers:
Benefits Such as Hassle Free and Quick Travel Bookings are Fueling the Market
Increasing Number of Payment Methods in Digital Travel
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
On 3rd October 2019, Master Card has acquired Vyze which is a point of sale financing company. This offers retailers the access to network of creditors by which the customer can avail various financing options.
On 25th February 2020, TripActions has launched TripActions Liquid which provides virtual and physical payment cards. These are liked to trip action travel system for streamlining compliance, reconciliation and reporting.
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Strategic Points Covered in Table of Content of Global Online Travel Payment Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Online Travel Payment market
Chapter 2: Exclusive Summary – the basic information of the Online Travel Payment Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Online Travel Payment
Chapter 4: Presenting the Online Travel Payment Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021
Chapter 6: Evaluating the leading manufacturers of the Online Travel Payment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Online Travel Payment Market is a valuable source of guidance for individuals and companies.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
