Industry Background:
Payment landscape aids to the flow of funds and information between two parties. It is the transfer of value between Person-to-Person (P2P), Consumer-to-business (C2B) and Business-to-Government (B2G). Payments used for a variety of purposes, including purchasing goods and services, to settle a legal obligation or to transfer funds between parties/locations. Further, consumers, businesses and governments make use a variety of payment types when transferring funds between parties. The payment landscape market is expected to witness a high growth in near future owing to increasing customer demand for instant payment
The Global Payments Landscape market presents a comprehensive analysis of the Payments Landscape market by product type (Credit Card, Debit Card, Money Transfer, e-Wallet, Cash and Others), by end-user/application (BFSI, Real Estate, Automotive, Oil & Gas, Government, Retail and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Players profiled in the report are Lloyds Bank Plc (United Kingdom), Barclays Plc (United Kingdom), Royal Bank of Scotland (Royal Bank of Scotland Group) (United Kingdom), HSBC Holdings Plc (United Kingdom), Santander UK Plc (Banco Santander S.A.) (United Kingdom), Tesco Personal Finance Plc (United Kingdom), Visa Inc. (United States) and Mastercard (United States). Additionally, other players that are part of this comprehensive study are American Express Company (United States) and Diners Club International Ltd (United States).
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Lloyds Bank Plc (United Kingdom), Barclays Plc (United Kingdom), Royal Bank of Scotland (Royal Bank of Scotland Group) (United Kingdom), HSBC Holdings Plc (United Kingdom), Santander UK Plc (Banco Santander S.A.) (United Kingdom), Tesco Personal Finance Plc (United Kingdom), Visa Inc. (United States) and Mastercard (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Promotion of digital payments and high growth of smartphones and Increase in demand for fast transaction services
Market Growth Drivers:
Increasing customer demand for instant payment services and Convenience and ease of usage of rising the demand payment services
Challenges:
Lack of digital literacy in emerging countries
Restraints:
Security and privacy concern about data
Opportunities:
Growth in digital payment methods and innovation in cross border payments
Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global Payments Landscape industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest. For instance, while the Europe holds majority of market share of the Payments Landscape, the North America has emerged as a crucial market for several Payments Landscape brands.
The Mode of Payment, such as Online, is boosting the Payments Landscape market and is anticipated to experience a steady growth during the forecast period.
On 28 Nov, 2018, American Express today announced the Australian launch of American Express Go, a virtual payments solution to help mid and large-sized companies more efficiently handle the business expenses of temporary workers, contractors and general employees
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)