Real-Time Payments Market Share, Trends and Leading Players By 2027

1. Real-Time Payments Market To Reach USD 55.69 Billion By 2026

2. Market Summary The growing adoption of smartphones, coupled with the increasing penetration of internet, is propelling the growth of the Real-Time Payments market. Market Size – USD 6.87 Billion in 2018, Market Growth - CAGR of 29.8%, Market Trends – Booming retail and e-commerce industry.

3. Our Approach Our Approach Market Summary The global real-time payments market is forecast to reach USD 55.69 Billion by 2026, according to a new report by Reports and Data. Real-time payments help businesses trim their expenses by reducing the use of checks and other expensive payment methods. Real-time payment services enable companies to modernize their accounts receivable processes as they provide the information required to link invoices with payments in real-time. The information provided by real-time payment services can reduce the efforts involved in investigating exceptions and checking the status of the payment, as these systems support two-way communications between payers and the payees. Faster payment systems are expected to relay more information than traditional methods allow. Real- time systems can be expected to provide valuable information that flows with the payment transactions, allowing businesses to attain abilities in straight-through processing, achieve a better view of cash flows, and enable more informed operational decision-making. Requestfor a sampleof this research report @ https://www.reportsanddata.com/sample-enquiry-form/2321

4. Our Approach Our Approach Market Summary Further key findings from the report suggest • Among the payment types, the customer-to-business (C2B) accounted for the largest market share of ~32% in the year 2018. The growing retail and e-commerce industry is a significant factor contributing to the growth. The penetration of the internet and smartphones will also drive the segment in the coming years. Moreover, the growing population and their increasing disposable incomes will increase the demand for digital commerce globally. • The peer-to-peer (P2P) is forecasted to witness the highest growth rate of 9% during the forecast period. The growing number of customers making payments through digital applications is contributing to growth. The popularity of UPI payments and the increasing number of companies in the market will further boost a wide acceptance of real-time digital payment services. • Among the payment modes, net banking accounted for the largest market share of ~27% in the year 2018. The growing acceptance of smartphones, the internet, and advanced technologies in the industry is a significant factor boosting the segment. Customers are aware of these technologies and find them convenient to go cashless. To identify the key trends in the industry, click on the link below @ https://www.reportsanddata.com/report-detail/real-time-payments-market

5. Our Approach Our Approach Market Summary Key participants : FIS, ACI Worldwide, Mastercard, Fiserv, PayPal, Worldline, Apple, Visa, INTELLIGENT PAYMENTS, Ant Financial, Wirecard, Temenos, Capgemini, Global Payments, SIA, IntegraPay, Ripple, Obopay, Finastra, Pelican, FSS, Nets, REPAY, Montran, and Icon Solutions, among others. For the purpose of this report, Reports and Data have segmented into the global Real-Time Payments market on the basis of Payment Type, Payment Mode, organization size, deployment mode, industry vertical, and region: Payment Type Outlook (Revenue, USD Billion; 2016-2026) Peer-to-Peer (P2P) Customer-to-Business (C2B) Business-to-Customer (B2C) Business-to-Business (B2B) Others Payment Mode Outlook (Revenue, USD Billion; 2016-2026) Contact Payment Digital Currencies Contactless Payment Net Banking Digital Wallets Others

6. Our Approach Our Approach Market Summary Organization Size Outlook (Revenue, USD Billion; 2016-2026) Small and Medium-Sized Enterprise Large Enterprises Industry Vertical Outlook (Revenue, USD Billion; 2016-2026) Media And Entertainment Hospitality And Tourism Retail And E-Commerce IT And Telecommunication Banking, Financial Services, And Insurance (BFSI) Others Order Now @ https://www.reportsanddata.com/checkout-form/2321

7. About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com