Digital Payment Market to 2028 by Application, End-user and Geography

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Digital Payment Market to 2028 by Application,
End-user and Geography
Digital Payment Market, By Deployment Model (On
Premises, Cloud), Offering (Solutions, Services),
Organization Size (Large Enterprises, Small
Medium Enterprises (SMEs)), Mode of Payment
(Payment Cards, Point of Sale, Unified Payments
Interface (UPI) Service, Mobile Payment, Online
Payment), Mode of Usage (Mobile Application,
Desktop/Web Browser), Technology (Application
Programming Interface (API), Data Analytics and
ML, Digital Ledger Technology (DLT), AI and IoT,
Biometric Authentication), Use Case (Person
(P/C), Merchant/ Business, Government), End User
(Commercial, Consumer), Country (U.S., Canada,
Mexico, Brazil, Argentina, Rest of South America,
Germany, Italy, U.K., France, Spain, Netherlands,
Belgium, Switzerland, Turkey, Russia, Rest of
Europe, Japan, China, India, South Korea,
Australia, Singapore, Malaysia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific,
Saudi Arabia, U.A.E, South Africa, Egypt, Israel,
Rest of Middle East and Africa) Industry Trends
and Forecast to 2028.
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t
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Market Analysis and Insights
Digital payment is a type of transaction which
takes place via digital or online modes, with no
physical exchange of money involved. This means
that both parties, the payee and the payer, use
electronic mediums to exchange money. Digital
payment is helping BFSI to get digitalized
rapidly and digitalization of BFSI sector is
allowing digital payment market to grow at higher
rate. Rising worldwide initiatives for the
promotion of digital payments is a crucial factor
accelerating the market growth, also increasing
proliferation of smartphones enabling e-commerce,
rise in the eCommerce sales and growth in
internet penetration, increase in the adoption of
contactless payments, increase in the adoption of
real-time payments and evolving customer
expectations are the major factors among others
boosting the digital payment market.
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Major Key Players

• Some of the major players operating in this
  market are
• ACI Worldwide, Inc.
• PayPal Holdings, Inc
• Novatti Group Pty Ltd
• Global Payments Inc.
• Visa
• Stripe
• Google (A Subsidiary of Alphabet Inc.)
• Finastra
• SAMSUNG
• Amazon Web Services, Inc. (a subsidiary of
  Amazon.com, Inc.),

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digital-payment-market
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Market Segmentation

• By Model (On Premises, Cloud)
• By Technology (Application Programming Interface
  (API), Data Analytics and ML, Digital Ledger
  Technology (DLT), AI and IoT, Biometric
  Authentication)
• By End User (Commercial, Consumer)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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