Person to person transaction (P2P) also known as peer to peer transaction refers to electronic money transfer technology which allows customer to transfer funds from their bank account or credit card to another individual account. The payment can be sent and received via mobile devices or any home computer with access to the Internet, offering convenient alternative to traditional payment mode. P2P payment is considered to be more convenient for both sender and the receiver. Through the P2P payment application, each individual account is linked to one or more of the userâ€™s banks account. When a transaction occurs the account balance in the application records the transaction and either sends or pulls money easily to the userâ€™s bank account or store it in the userâ€™s account within the application. P2P payments offers consumer more convince, accessibility and have made the transferring more easier, faster and less expensive. With the mobile phone readily available, user can send and receive pavements at any time in any place. These transaction are easy to set up and maintain as each computer manages itself. Every user is the administrator of his machine and can control their shared sources. Moreover, the overall cost of building and maintaining this type of network is comparatively less.
Latest released the research study on Global P2P Payments Market, offers a detailed overview of the factors influencing the global business scope. P2P Payments Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the P2P Payments Market. The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers.
Top players in Global P2P Payments Market are:
PayPal Holding Inc. (United States), Tencent (China), Square Inc. (United States), Circle Internet Financial Inc (United States), Early Warning Services, LLC (United States), Dwolla Inc. (United States), TransferWise Ltd (United Kingdom), CurrencyFair LTD
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Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 along with tables and graphs related to various country and segments showcasing impact on growth trends.
Rising Demand For Non-Cash Payment
Increasing Number of Smartphone & Computer User
Creation of New Business Avenues For Stakeholders
Evolving Demographic Need Across The Region
Technology Advancement in P2P Payment
Improper Network Coverage
Diversified Regulation And Policies Present Across The Region
Privacy And Data Security Concern
Lack of Awareness About P2P Payment
The Global P2P Payments Market segments and Market Data Break Down are illuminated below:
Study by Type (Airtime transfer & Top-Ups, Money transfers & Payments, Merchandise & Coupons, Travel & Ticketing), Application (Retail Payments, Travels & Hospitality Payments, Transportation & Logistics Payments, Energy & Utilities Payments, Others), Transaction Mode (NFC/Smartcard, SMS, Mobile Apps), Location (Remote payments, Proximity payments)
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.
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What benefits does AMA research study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Strategic Points Covered in Table of Content of Global P2P Payments Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global P2P Payments market
Chapter 2: Exclusive Summary – the basic information of the Global P2P Payments Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global P2P Payments Market
Chapter 4: Presenting the Global P2P Payments 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 2013-2020
Chapter 6: Evaluating the leading manufacturers of the Global P2P Payments 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 with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global P2P Payments Market is a valuable source of guidance for individuals and companies.
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Key questions answered
- Which can be the specialties at which P2P Payments Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?
- Which can be the foreseen development rates for your own P2P Payments Market economy out and furthermore for every portion inside?
- Which can be the P2P Payments Market application and sorts and estimate joined intently by makers?
- Which can be the risks which can attack growth?
- The length of the worldwide P2P Payments market opportunity?
- How P2P Payments Market share advance vacillations their value from various assembling brands?
Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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