Tokyo, Japan -- (SBWire) -- 03/02/2019 --Person-to-person payments (P2P) is the online technology that allows customers to transfer funds from their bank account or credit card to another individual's account via the Internet. It is based on the successful Paypal approach where customers establish secure connection of accounts with a trusted third-party vendor, designating their bank account or credit card information for transferring and accepting funds. An alternative approach is where customers use an online interface or mobile application to assign the amount of funds to be transferred.
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The global P2P payment market is anticipated to witness development due to rise in employment of banking applications and online shopping. Increase use of mobile payments in industrial as well as commercial sectors is the main reason that has boosted the growth of the P2P payment global market. Additionally, growing digitalization is also driving the growth of the global P2P payment market. Moving on, increased use of smartphones is also playing an important role in the growth of the global P2P payment market. On the other hand, the rise in identity thefts and cyber attacks are limiting the development of the market.
Top Companies Profiled in this Report includes, PayPal Pte. Ltd., Tencent., Square, Inc., Circle Internet Financial Limited, clearXchange., SnapCash, Dwolla, Inc., TransferWise Ltd., CurrencyFair LTD, One97 Communications Ltd.
New research report takes a close and analytical look at the various companies that strive for a higher share of the global P2P Payment market. A complete analysis of the P2P Payment market is been done in this intelligence report. It includes the investigations done of the past progress, present ongoing market scenarios and future prospects. In this particular market report an accurate data of the products, strategies and market shares of leading companies are mentioned clearly.
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P2P Payment market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. The report provides detailed industry analysis of the global P2P Payment market with the help of proven research methodologies such as Porter's five forces. The major geographical regions which include, North America, Asia Pacific, Europe, the Middle East & Africa and Latin America are studied.
P2P Payment Market Key Segments:
P2P Payment Market segment by Type:
- NFC/Smartcard
- SMS
- Mobile Apps
P2P Payment Market segment by Application:
- Retail Payments
- Travels & Hospitality Payments
- Transportation & Logistics Payments
- Energy & Utilities Payments
- Others
P2P Payment Market segment by Type of Purchase:
- Airtime transfer & Top-Ups
- Money transfers & Payments
- Merchandise & Coupons
- Travel & Ticketing
P2P Payment Market segment by Regions/Countries, this report covers
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- Central & South America
Key questions answered in the report include
- What will the market size and the growth rate be in 2025?
- What are the key factors driving the global P2P Payment market?
- What are the key market trends impacting the growth of the global P2P Payment market?
- What are the challenges to market growth?
- Who are the key vendors in the global P2P Payment market?
- What are the market opportunities and threats faced by the vendors in the global P2P Payment market?
- Trending factors influencing the market shares of the APAC, Europe, North America, and ROW.
- What are the key outcomes of the five forces analysis of the global P2P Payment market?
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Table of Contents
Global P2P Payment Market Research Report
Chapter 1 P2P Payment Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global P2P Payment Market Forecast
