Global Faster Payment Service (FPS) Market – Industry Trends and Forecast to 2029

Análise e dimensão do mercado de serviços de pagamento mais rápido (FPS)

O serviço de pagamento mais rápido está a bater recordes a cada ano. Em 2020, os serviços de pagamento mais rápidos registaram 2,9 mil milhões de pagamentos processados. Este número aumentou para mais de 3,4 mil milhões em 2021. As carteiras móveis, as carteiras digitais e as carteiras eletrónicas estão a ganhar popularidade na era da rápida digitalização. A rápida integração e interligação entre países resultou na atração em grande escala de pagamentos digitais.   

O mercado global de serviços de pagamento mais rápido (FPS) foi avaliado em 543,5 milhões de dólares em 2021 e deverá atingir 4.193,82 milhões de dólares até 2029, registando um CAGR de 29,10% durante o período de previsão de 2022 -2029. Além dos insights de mercado, tais como o valor de mercado, a taxa de crescimento, os segmentos de mercado, a cobertura geográfica, os participantes do mercado e o cenário de mercado, o relatório de mercado com curadoria da equipa de pesquisa de mercado da Data Bridge inclui uma análise especializada aprofundada, análise de importação/exportação, análise de preços, análise de consumo de produção e análise de pilão.

Âmbito e segmentação do mercado de serviços de pagamento mais rápido (FPS)

Definição de mercado

Um serviço de pagamento mais rápido (FPS) refere-se a uma solução de pagamento digital e contactless que permite o pagamento feito de uma parte à outra pela compra de bens e serviços. Um pagamento digital resulta no débito do valor da conta do pagador e no crédito do mesmo valor na conta do beneficiário. Um serviço de pagamento mais rápido elimina o incómodo de transportar dinheiro vivo, reduzindo ao mínimo o roubo de dinheiro.

Dinâmica do mercado global de serviços de pagamento mais rápido (FPS)

Esta secção trata da compreensão dos impulsionadores do mercado, vantagens, oportunidades, restrições e desafios. Tudo isto é discutido em detalhe abaixo:

Motoristas

• Iniciativas emergentes para adotar interface de pagamentos digitais em todo o mundo

Os esforços globais para adotar uma interface unificada de pagamentos em combinação com a crescente taxa de digitalização, especialmente na região APAC, estão a reforçar o crescimento do mercado. Além disso, a crescente consciencialização sobre a segurança e proteção destas interfaces impulsionará o crescimento do mercado. Além disso, a crescente tendência para a digitalização oferece ainda inúmeras oportunidades de crescimento no mercado.

• Maior apoio do governo

O aumento do número de iniciativas governamentais e de políticas de apoio do governo central e estadual no que diz respeito à promoção do crescimento do mercado, especialmente na região da APAC, alargará em grande medida o âmbito do crescimento. O pagamento digital é um dos principais imperativos de crescimento para os países desta região. Assim sendo, um maior foco por parte do governo criará inúmeras oportunidades. 

Além disso, fatores como a crescente urbanização, a industrialização e o crescente número de utilizadores de smartphones em todo o mundo contribuíram ainda mais para a expansão geral do mercado durante o período de previsão. Além disso, prevê-se que o número crescente de interfaces de pagamento diariamente e o aumento do rendimento pessoal disponível impulsionem a taxa de crescimento do mercado.

Oportunidades

• Tendência crescente de compras por comércio eletrónico

O crescente número de canais de comércio eletrónico, a mudança nos gostos e preferências de moda dos clientes e a crescente ocidentalização influenciarão positivamente a taxa de crescimento do mercado. A crescente proliferação dos principais canais de comércio eletrónico, especialmente a Amazon, está a alimentar a taxa de crescimento. 

• Aumentar a adoção da Internet

Growing access to high speed internet and improving internet infrastructure in the developing economies will yet again propel the market growth rate. Penetration of 4G and 5G internet services and rising usages of payment gateway by various industries will widen the scope of growth and expansion globally.

• Increasing trend of digitalization

Additionally, the increasing trend of digitalization further offers numerous growth opportunities within the market. Rising number of data processing activities and complete digitization of operations along with progressive changes in the regulatory framework will also work in favor of the market.

Restraints/Challenges

• Hesitance and fear

Hesitance and fear among the people in underdeveloped territories globally in regards to the safety and security of such interfaces will impede the growth rate. Also, lack of awareness and education among the people in culmination with weak banking infrastructure in these regions will narrow down the scope of growth.

• Competition rise

Rising number of merchants on daily basis is posing a stiff competition in the market on the other side of the coin. Also, lack of interoperability between the schemes offered will yet again derail the market growth rate.

• Lack of technical expertise

Dearth of expert knowledge and technical expertise especially in the developed and developing economies and lack of global standards for cross-border payments will create hurdles for the market in regards to the smooth growth in the market value. Further, lack of skilled professionals in combination with low experience quotient will yet again hamper the market growth rate.  

This faster payment service (FPS) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the faster payment service (FPS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Faster Payment Service (FPS) Market

The COVID-19 pandemic has positively affected the market owing to the large scale adoption of e-wallets and contactless payment solutions. Lockdown and movement restrictions fueled the trend of online shopping, which led to the market's growth. Though the manufacturing industry was hit badly, the market for digital payments saw a rise in bill payments, Peer to Peer (P2P) transfers, and Customer to Business (C2B) payments during the lockdown period.

Recent Developments

• Fiserv will introduce EnteractSM, a brand-new cloud-based customer relationship management (CRM) platform for financial institutions, in November 2021. A Microsoft Azure-based integration framework offered by Enteract allows for real-time process integration across core banking, enterprise content management, and digital channels. It also synchronises consumer data with back-end systems.
• Virgin Money and Global Payments Inc. signed a contract in September 2021 to use Global Payments' distinctive two-sided network to give Virgin Money consumers access to industry-leading digital payment experiences worldwide.
• RealNet is a new cloud-based software as a service (SaaS) platform that will enable account-to-account (A2A) transactions for companies, individuals, and governments across real-time payment networks. RealNet was introduced by FIS in April 2021.

Global Faster Payment Service (FPS) Market Scope

The faster payment service (FPS) market is segmented on the basis of mode of payment, component, deployment, enterprise size and end use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Mode of payment

• Single Immediate Payments
• Forward-Dated Payments
• Direct Corporate Access Payments
• Domestic P2P Payments
• Cross-Border P2P Payments
• P2M Payments
• B2B Payments
• B2C/G2P Payments

Component

• Solutions
• Payment gateway
• Payment processing
• Payment security
• Fraud management
• Services
• Professional services
• Managed services

Deployment

• Cloud
• On-Premises

Enterprise Size

• Small and Medium-Sized Enterprises
• Large Enterprises

End Use Industry

• Retail and E-Commerce
• Banking, Financial Services, and Insurance (BFSI)
• IT and Telecom
• Travel and Tourism
• Healthcare
• Government
• Energy and Utilities
• Others

Faster Payment Service (FPS) Market Regional Analysis/Insights

The faster payment service (FPS) market is analyzed and market size insights and trends are provided by country, mode of payment, component, deployment, enterprise size and end use industry as referenced above.

The countries covered in the faster payment service (FPS) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the faster payment service (FPS) market due to the rising emergence of new market players in this region and growing personal disposable income. Access to high speed internet and rising penetration of smartphones are some other important factors determining the dominance of this region.

North America is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising deployment of smart parking meters. Moreover, escalating IT infrastructure in the region coupled with rising number of digital campaigns will yet again bolster the growth of the market in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Faster Payment Service (FPS) Market Share Analysis

The faster payment service (FPS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to faster payment service (FPS) market.

Some of the major players operating in the faster payment service (FPS) market are

• ACI Worldwide (U.S.)
• FIS (U.S.)
• Fiserv, Inc. (U.S.)
• wirecard (U.S.)
• Mastercard (U.S.)
• Temenos Headquarters SA (U.S.)
• Global Payments Inc. (U.S.)
• Capgemini (France)
• Icon Solutions Ltd (U.K.)
• M & A Ventures, LLC (U.S.)
• PAYRIX. (Australia)
• Nexi Payments SpA (Italy)
• Obopay (U.S.)
• Ripple (U.S.)
• Pelican / ACE Software Solutions Inc. (U.K.)
• Finastra. (U.K.)
• Nets A/S (Denmark)
• Financial Software & Systems Pvt. Ltd. (India)
• Montran (India)
• Visa Inc. (U.S.)

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