The global payments landscape market size is expected to reach USD 311.19 Billion in 2030 and register a revenue CAGR of 15.0% over the forecast period, according to latest report by Reports and Data. Increasing use of smartphones, especially in developing countries, is a key factor expected to drive market revenue growth. Rising use of technology for payments is the latest trend observed in this market, and the newer generation, being increasingly tech-savvy, use smartphones for various purposes, such as paying bills, shopping online, and even for peer-to-peer payments. Moreover, cryptocurrencies, such as bitcoins and digital wallets, including GooglePay and Paytm, are being increasingly promoted. The rise of e-commerce and adoption of embedded payment systems is another factor driving revenue growth of the global payments landscape market to a significant extent, as increasing number of consumers are shopping online and using embedded payment systems to pay for items purchased.

However, lack of global standards for cross-border payments is a primary factor that could hamper market revenue growth to a certain extent. Development of cross-border payments has been comparatively slow, mainly due to differences in currency exchange rates. Increasing cases of cyber-attacks on digital payment platforms is also expected to restrain market revenue growth, as the threat of cyber-attacks is preventing many potential users from using digital payments. The rapid shift towards digitization has created opportunities for potential cybercriminals and has raised the risks of cyber-attacks. Platforms deploying technologies, such as digital payment platforms, or e-commerce companies are at a higher risk of such attacks.

To download a PDF sample copy of the report, visit @ https://www.reportsanddata.com/download-free-sample/3305

The rise of e-commerce and the adoption of embedded payment systems have indeed been significant drivers of revenue growth in the global market. With the increasing convergence of mobile technology and e-commerce websites, consumers are finding it more convenient and user-friendly to shop online, which has led to a surge in online purchases.

Embedded payment systems have made the online shopping experience faster, easier, and more convenient, leading to increased adoption of electronic and digital modes of payment. This shift to digital payments has reduced the use of cash and accelerated the globalization of merchant payments. Major players in the market, such as Alibaba, have invested heavily in advanced technologies, such as third-party mobile and online payment platforms, to facilitate payment services between sellers and customers.

Top Companies Operating in the Global Payments Landscape Market:

Mastercard, Novatti Group Ltd., PayPal Payments Pvt. Ltd., Säästöpankkiliitto, American Express Company/American Express Banking Corp., Danske Bank, Diners Club International Ltd., Visa, Stripe, Inc., and FIS.

Inquiry before buying @ https://www.reportsanddata.com/inquiry-before-buying/3305

The global market is further segmented into type and application:

Payment Methods Outlook (Revenue, USD Billion; 2019-2030)

• Cash
• Credit Cards
• Debit Cards
• Bank Transfer
• e-Wallets
• Cryptocurrency
• Others

Payment Mode Outlook (Revenue, USD Billion; 2019-2030)

• Online Payments
• Offline Payments

Vertical Outlook (Revenue, USD Billion; 2019-2030)

• Banking, Financial Services & Insurance
• Retail & e-Commerce
• Healthcare
• Travel & Hospitality
• Transportation & Logistics
• Media & Entertainment
• Other Verticals

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Takeaways of the Competitive Overview Section:

• Overview of the company profiles of each market player
• Industrial chain analysis of each player
• Revenue share contribution
• Sales network and distribution channels and net profits and losses of each company
• Key business growth strategies are undertaken by these players

Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/3305

Overall, the adoption of embedded payment systems in e-commerce is expected to continue driving revenue growth in the global market. As consumers become more accustomed to shopping online and using digital payment methods, the trend is likely to accelerate, leading to further growth opportunities for companies in the e-commerce and payment processing industries.

Explore More Industry Research by Reports and Data:

Calcium Carbonate Market @ https://www.globenewswire.com/news-release/2020/03/10/1998327/0/en/Calcium-Carbonate-Market-To-Reach-USD-34-17-Billion-By-2027-Reports-and-Data.html

Needle Coke Market @ https://www.globenewswire.com/news-release/2020/04/20/2018914/0/en/Needle-Coke-Market-To-Reach-USD-5-85-Billion-By-2027-Reports-and-Data.html

Liquid Hydrogen Market @ https://www.globenewswire.com/news-release/2020/04/30/2025874/0/en/Liquid-Hydrogen-Market-To-Reach-USD-50-18-Billion-By-2027-Reports-and-Data.html

Low-VOC Coating Additive Market @ https://www.globenewswire.com/news-release/2020/05/06/2028445/0/en/Low-VOC-Coating-Additive-Market-To-Reach-USD-8-70-Billion-By-2027-Reports-and-Data.html

About Reports and Data

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 W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com