The report provides a comprehensive analysis of payment services , m-wallet, payment gateway, mPOS, POS Terminals and Payment Security market in India. The report covers the overall competitive landscape; government role and regulations, growth drivers, trends and developments. The report concludes with market projection for future for every single market described above highlighting the major opportunities and cautions for overall India payment services market.
India payment services market which has traditionally been dominated by cash witnessed advancement towards digital transactions both in terms of value and volume during demonetization phase in India. The total number of ATMs (including onsite and offsite) was witnessed to increase from ~ as of 31st March 2013 to ~ as of 31st March 2018, thus displaying a five year CAGR of ~% during the review period.
India is a developing country with the second largest population behind China and until recently its payment framework has straggled far behind the rest of the developed world whereas, it is transferable fast with the effective payment tasks over the last recent years and will continue for so long with the more development over the decades.
Ken Research Latest report on Online Remittance Philippines which covers Online Remittance Philippines,Online Bill Payment Philippines,Migration in Philippines,Bill Payment mode Philippines,Personal Remittance Philippines Statistics,Philippines Remittance Statistics,Pawnshop business growth, OFW Remittance Statistics,Online bill payment services in the Philippines,Money Transfer Operator Remittance Philippines,International Remittance Philippines,Inbound remittance Philippines,Outbound remittance Philippines,
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India Domestic Remittance, M-Wallet and Bill Payment Market research report providing statistics on transaction number and volume in m-wallet, bill-payment, money transfer through formal and informal channel. == Read More: === http://www.kenresearch.com/banking-financial-service-insurance/financial-services/india-domestic-remittance-market-research-report/474-93.html == Contact Person: Ankur Gupta === E-mail: ankur@kenresearch.com
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The remittance market size is expected to see strong growth in the next few years. It will grow to $990.33 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.
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India has witnessed a dramatic surge in digital payments over the past few years, driven by rapid smartphone penetration, increased internet access, and supportive government policies. The digital payment market in India is valued at approximately USD 3 trillion by 2024, with an impressive annual growth rate of around 30%.
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... holder who has not become bankrupt and the person ... Doctor, Bank official or Public Notary) to show that it is a true copy of the original document. ...
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