Payments Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

The Business Research Company’s Payments Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

LONDON, GREATER LONDON, UK, March 24, 2022 /EINPresswire.com/ -- According to ‘Payments Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the payments market size is expected to grow from $511.87 billion in 2021 to $572.06 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The global payment market size is then expected to grow to $870.09 billion in 2026 at a CAGR of 11.1%. The outbreak of COVID-19 is expected to drive the growth of the payments market over the forecast period.

Want to learn more on the payments market growth? Request for a Sample now:
https://www.thebusinessresearchcompany.com/sample.aspx?id=107&type=smp

The global payments market consists of sales of payments services by entities (organizations, sole traders, and partnerships) that are engaged in facilitating payment transfers between individuals, companies, or both. The payments industry consists of establishments primarily engaged in processing money transfers and payments between various accounts. This includes all institutions involved in payment processing such as banks, non-banking financial institutions, and others. Revenue generated from the payments market includes all the processing and services fees levied by the banks and financial institutions for payment processing.

Global Payments Market Trends
The integration of biometric authentication technology in payments is a key trend gaining popularity in the payments market. Biometric authentication is a specific and significant payment method that integrates and offers accuracy, effectiveness, and protection within a single package. The methods of authentication include fingerprint scanners, facial recognition, iris recognition, pulse tracking, and venous mapping.

Global Payments Market Segments
The global payments market is segmented:
By Type: Credit Transfer, Direct Debit, Check Payment, Cash Deposit
By Application: Banks, Non-Banking Financial Institutions, Others
By End-User Industry: Retail, Banking and Financial Service, Telecommunication, Government, Transportation, Others
By Geography: The global payment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.

Read more on the global payments market report at:
https://www.thebusinessresearchcompany.com/report/payments-global-market-report

Payments Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides payments market overviews, analyzes and forecasts market size and growth for the global payments market, payments market share, payments market segments and geographies, payments industry trends, payments market players, payments market leading competitor revenues, profiles and market shares. The payments market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.

TBRC’s Payments Global Market Report 2022 includes information on the following:

Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies

Key Market Players: PayPal, Square Inc., Apple Inc, Amazon Payments, Flagship Merchant Services, GoCardless, Bitpay, Stripe, Payline Data, FIS., ACI Worldwide, MasterCard, Fiserv.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.

Looking for something else? Here is a list of similar reports by The Business Research Company:
Mobile Payment Technologies Global Market Report 2022
https://www.thebusinessresearchcompany.com/report/mobile-payment-technologies-global-market-report

Cards & Payments Global Market Report 2022
https://www.thebusinessresearchcompany.com/report/cards-and-payments-global-market-report

Cards Market Report 2022
https://www.thebusinessresearchcompany.com/report/cards-global-market-report

About The Business Research Company
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Check out our:
LinkedIn: https://bit.ly/3b7850r
Twitter: https://bit.ly/3b1rmjS
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: http://blog.tbrc.info/

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.