The growing adoption of smartphones, coupled with the increasing penetration of internet, is propelling the growth of the Real-Time Payments market.
The global Real-Time Payments Market is forecast to reach USD 55.69 Billion by 2026, according to a new report by Reports and Data. Real-time payments help businesses trim their expenses by reducing the use of checks and other expensive payment methods. Real-time payment services enable companies to modernize their accounts receivable processes as they provide the information required to link invoices with payments in real-time.
The information provided by real-time payment services can reduce the efforts involved in investigating exceptions and checking the status of the payment, as these systems support two-way communications between payers and the payees. Faster payment systems are expected to relay more information than traditional methods allow. Real-time systems can be expected to provide valuable information that flows with the payment transactions, allowing businesses to attain abilities in straight-through processing, achieve a better view of cash flows, and enable more informed operational decision-making.
Key participants include FIS, ACI Worldwide, Mastercard, Fiserv, PayPal, Worldline, Apple, Visa, INTELLIGENT PAYMENTS, Ant Financial, Wirecard, Temenos, Capgemini, Global Payments, SIA, IntegraPay, Ripple, Obopay, Finastra, Pelican, FSS, Nets, REPAY, Montran, and Icon Solutions, among others.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2321
Further key findings from the report suggest
To identify the key trends in the industry, click on the link below: @ https://www.reportsanddata.com/report-detail/real-time-payments-market
For the purpose of this report, Reports and Data have segmented into the global Real-Time Payments market on the basis of Payment Type, Payment Mode, organization size, deployment mode, industry vertical, and region:
Payment Type Outlook (Revenue, USD Billion; 2016-2026)
Payment Mode Outlook (Revenue, USD Billion; 2016-2026)
Deployment Mode Outlook (Revenue, USD Billion; 2016-2026)
Organization Size Outlook (Revenue, USD Billion; 2016-2026)
Industry Vertical Outlook (Revenue, USD Billion; 2016-2026)
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/2321
Regional Outlook (Revenue, USD Billion; 2016-2026)
Thank you for reading our report. Please connect with us to know more about the report and its customization feature. Our team will ensure the report is well suited to meet your requirements.
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Media ContactCompany Name: Reports and DataContact Person: John WatsonEmail: Send EmailPhone: +1-212-710-1370Address:40 Wall St. 28th floor City: New York CityState: NY 10005Country: United StatesWebsite: https://www.reportsanddata.com/report-detail/real-time-payments-market