New Jersey, NJ -- (SBWIRE) -- 02/09/2019 -- Payment security means a system designed to ensure that contractors and subcontractors are paid during disputes. This may include systems that require the company to pay bills within a certain period of time, regardless of whether it is a progress payment system, an interim arbitration decision, or the company is correct.
A new business intelligence report released by AMA with title "Global Payment Security Service Market: by Application, Product Type, Competitive Landscape & Regional Forecast 2025" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Payment Security Service Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing.
Top Key Vendors Profiled in This Report include,
Braintree [United States],CyberSource Corporation [United States],Elavon [United States],Index [United States],Ingenico ePayments [Netherlands],Intelligent Payments [Gibraltar],GEOBRIDGE Corporation [United States],Shift4 Corporation [United States],Transaction Network Services (TNS) Inc. [United States],TokenEx, LLC [United States]
According to AMA, the Global Payment Security Service market is expected to reach USD26.6 Billion by 2024 growing at a CAGR of 14.5%.
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Intelligent & Smart Security with Machine Learning and Use of Block-chain to Prevent Data Breaches
Rising Digital Payments System Fueled by Smartphone Penetration , Stringent Regulatory Guidelines Regarding Payment Security and Growing Cases of Fraud in E-commerce Industries
Advancement and Launch of Various Digital Payment Services and Favorable Government Initiatives in Emerging Countries for Digital Push
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Payment Card Industry Data Security Standards (PCI DSS) certification is required for every merchant or business accepting credit or debit cards, online or offline. PCI DSS standards require merchants and processors to meet criteria such as : Build and maintain a secure network and systems, protect cardholder data, maintain a vulnerability management program, implement strong access control measures, regularly monitor and test networks and maintain an information security policy.
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Global Payment Security Service market report represents qualitative and quantitative valuation by industry analysts, first-hand data, assistance from industry experts along with each industry manufacturers by the market valuation. Payment Security Service report also give widespread analysis of root market trends, several governing elements and coupled with market improvements as per every segment.
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Table of Content
1. Market Overview
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
3. Market Dynamics
3.2. Market Drivers
3.2.1. Rising Digital Payments System Fueled by Smartphone Penetration
3.2.2. Stringent Regulatory Guidelines Regarding Payment Security
3.2.3. Growing Cases of Fraud in E-commerce Industries
3.3. Market Challenges
3.3.1. Lack of Awareness About Digital Payment in Rural Areas
3.3.2. Issues Related with Data Breach and Privacy
3.4. Market Trends
3.4.1. Intelligent & Smart Security with Machine Learning
3.4.2. Use of Block-chain to Prevent Data Breaches
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global Payment Security Service, by Type, Organization Size, Platform, Industry Vertical, Solution and Region (value) (2013-2018)
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