Latest Trend on Person-To-Person Payments Market with key players like PayPal Pte, Tencent, Square, Circle Internet Financial Limited
Houston, TX -- (SBWIRE) -- 01/11/2019 -- Peer-to-peer transactions (also referred to as person-to-person transactions, P2P transactions, or P2P payments) are electronic money transfers made from one person to another through an intermediary, typically referred to as a P2P payment application. Person-to-person payments (P2P) is the online technology that allows customers to transfer funds from their bank account or credit card to another individual's account via the Internet.
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The Top Key Players included in this Market:
PayPal Pte. Ltd., Tencent., Square, Inc., Circle Internet Financial Limited, clearXchange., SnapCash, Dwolla, Inc., TransferWise Ltd., CurrencyFair LTD, and One97 Communications Ltd.
The Person-To-Person Payments Market is segmented based on transaction mode, type of purchase, location, application, and geography. On the basis of transaction mode, the market is divided into NFC/smartcard, SMS, and mobile apps. The P2P market is expected to experience growth owing to increase in usage of online shopping and banking applications. However, increase in cyber-attacks and identity thefts are limit the growth of the market.
This report, part one of a two-part series examining the domestic and cross-border P2P payments landscape in the U.S., estimates the total size of the Person-To-Person Payments market, evaluates the difference in U.S. consumer payment behaviors between 2014 and 2017, and provides a detailed analysis of the U.S. domestic P2P payments environment. Quantitative analysis of the current trends and future estimations from 2018 to 2023 are provided to showcase the financial competence of the market.
The increased acceptance of online banking, mobile banking, and e-commerce by consumers makes way for greater use of person-to-person payments market. As smartphones and tablets become an increasingly popular mode of everyday applications, popular cash payment applications such as Venmo and Google Wallet help customers use of P2P payments.
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Table of Contents
Global Person-To-Person Payments Market Research Report
Chapter 1 Person-To-Person Payments Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Person-To-Person Payments Market Forecast
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