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Global Real Time Payments Market Overview

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By Author: Aarkstore Market Research
Total Articles: 66
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Global Real Time Payments Market valued approximately USD 6.50 billion in 2018 is anticipated to grow with a healthy growth rate of more than 30.01% over the forecast period 2019-2026.

The Real Time Payments Market is continuously growing in the global scenario at significant pace. Real-time payments are electronic retail payment solutions that provides services to the customers whenever needed.

Real-time payments are also known as instant-payments or immediate payments. Businesses and consumers around the globe are searching for effective, secure, and faster ways of accomplishing near-real-time exchange of funds, leading to the shift in use of real-time payments.

Real-time payments ease the process of transactions such as sending and receiving money. The real-time transaction procedure follows certain steps which include initiation, validation, processing, transmission, clearance, and customer alerts. Rising smartphones ownership, adoption of cloud-based solutions, favorable government initiatives to promoting the adoption of real time payments, rising customers demand for immediacy of payments and quicker payment settlements are the substantial driving factors of the market during the forecast period.

Major market player:

ACI Worldwide
FIS
Fiserv
PayPal
Wirecard
Mastercard

Report define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years.

Detailed segments and sub-segment of the market:

By Nature of Payment:

Person-to-Person
Person-to-Business
Business-to-Person
Others

By Components:

Solution
Services

By Enterprise Size:

Small and Medium-Sized Enterprises
Large Enterprises

By Vertical:

BFSI
IT and Telecommunication
Retail and E-commerce
Government
Energy and Utilities

By Deployment Mode:

On-premises
Cloud

By Regions:

North America
Europe
Asia Pacific
Latin America
Rest of the World

Target Audience of the Global Real Time Payments Market:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

For more details visit: https://www.aarkstore.com/finance-banking/1654469/global-real-time-payments-market-size-study-and-regional-forecasts

Category: Finance and Banking Market Research
Aarkstore Enterprise
+91 9987295242 | contact@aarkstore.com | www.aarkstore.com

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Market Research Analyst at Aarkstore Enterprise

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