Real-Time
Payments Market and infrastructures are being planned or rolled out in
progressively worldwide locations. With clients increasingly requiring ease,
pace, comfort, security and always-on processing for their payments, the global
momentum behind instantaneous bills is unstoppable. Now not most effective do
banks need to meet customers’ rising expectations, they are also facing
excessive strain from governments to create nationwide and local real-time
payments systems that may be used by all financial establishments. given those
drivers, instant bills is expected to grow to be the new preferred for banks –
making it imperative that they support development towards it. Any financial
institution that fails to embrace immediately bills will face losing market
proportion, relevance, patron relationships and revenues.
Global
Real-Time Payments Market is expected to grow with a CAGR of +30% during
forecast period 2019 to 2023.
Top
Key Player:-
Accenture
,FIS, Fiserv ,PayPal, Wirecard,
Mastercard, Worldline, Temenos, Visa, Apple, Alipay (Ant Financial), Global
Payments, Capegemini, Icon Solutions, REPAY, IntegraPay, SIA, Obopay, Ripple,
Pelican, Finastra, Nets, FSS, INTELLIGENT PAYMENTS, Montran .
Competitor
Analysis of Market:-
The
major players in the market were identified across regions, and their
offerings, distribution channels, and regional presence are understood through
in-depth discussions. Also, average revenue generated by these companies,
segmented on the basis of region, is used to arrive at the overall market size.
This overall Real-Time Payments Market measure is used as a part of the
top-down methodology to gauge the sizes of other individual markets through
percentage splits from secondary sources registries, databases, and primary
research.
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