Payment Bank Solutions Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-2487 | Report Format : | Status : Upcoming |

Abstract

Payment Bank Solutions Market: Overview

In the recent years, there has been an increasing demand for the online transactions and the increasing integration of the digitization has made the banks to offer several options for the banking payments. These payment banks have modernized the banking solutions by providing unique payment solutions to the users. The payment bank solution is growing rapidly owing to the greater adoption of the mobile technology.

Payment Bank Solutions Market: Facts

A payment bank solution was launched by the Infosys Finacle which was named Finacle Payments Bank and in the Indian market, it was named Finacle Small Finance Bank solutions. The solutions were specifically tailored for the organizations that were seeking small finance banks licenses from the Reserve Bank of India.

Payment Bank Solutions Market: Segmentation

The payment bank solutions market is fragmented into its type and regions. Based on the type, the payment bank solutions market is segregated into software and hardware. The software segment is sub-segregated into mobile apps and platforms. The hardware segment of the payment bank solutions market is sub-categorized into debit cards, ATM cards, and forex cards. The geographical diversification of the payment bank solutions market includes regions such as Asia Pacific, the Middle East and Africa, Latin America, North America, Western Europe, and Eastern Europe.

Payment Bank Solutions Market: Growth Factors

The main factor that is driving the payment bank solutions market is the increased utilization of the mobile technology by the consumers. This trend is prevalent highly in the younger population. Due to the availability of the high-speed internet services, most of the population prefer online transactions. Majority of the individuals are adopting the mobile technology and prefer online banking services, online shopping, and other e-commerce transactions. The payment bank solutions are not complex in nature and thus they are easily adopted which propels the growth of the payment bank solutions market. The factors that are limiting the growth of the market are the lack of awareness among the people and the fact that this concept is still at a developing stage.

Payment Bank Solutions Market: Regional Analysis

The region that is having the major share in the payment bank solutions market is Asia Pacific region. In Asia Pacific region, the emerging nation India has the major share in the payment bank solutions market owing to the increased adoption of the net banking applications and the mobile banking applications among the consumers. Owing to this adoption several enterprises have enhanced their payment services and they have the benefit of real-time financial assistance. In the other regions, the payment bank solution market will grow rapidly in the future years owing to the increased adoption of the cloud-based applications and the rise in the number of the solution providers.

Payment Bank Solutions Market: Competitive Players

The key market players that are involved in the payment bank solutions market include MasterCard, Infosys Finacle, Mahindra Conviva among others.

Payment Bank Solutions Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Hazardous Area Sensors Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3610 | Report Format:

Global Hazardous Area Sensors Market: Overview The operation of electrical gear in dangerous or hazardous areas has been a significant issue since the beginning of the twentieth century. Due to the need to achieve precision and security in unstable zones and the implementation of governmental ru...Read More

Wireless Charging ICs Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3606 | Report Format:

Global Wireless Charging ICs Market: Overview Wireless charging technology comprises transmission of power to electrical devices, through an air gap for energy transfer. Wireless technology helps in the elimination of using physical cables and connectors. This technology provides reliable and sa...Read More

Commercial Satellite Imaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3579 | Report Format:

Global Commercial Satellite Imaging Market: Overview Satellite imagery is termed as the earth pictures or pictures of other planets taken by imaging satellites carrying their operations under the regulation and auspices of various governments and private businesses across the globe. Satellite im...Read More

Tunnel Automation Market by Component (Hardware, Software, and Services), by Tunnel Type (Railway Tunnel, Roadway Tunnel, and Others (Underwater Tunnel)), and by System (HVAC, Lighting & Power Supply Signalization, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024

Nov-2018 | Price : $ 4899.00 | Pages: 155 | Report Code: ZMR-3577 | Report Format:

The report covers a forecast and an analysis for the tunnel automation market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers, challenges, and restraints for the ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.