The Asia Pacific Payment Processing Solutions Market would witness market growth of 11.1% CAGR during the forecast period (2018 – 2024).
In Asia and China, Singapore and Indonesia, ecommerce is continuously growing, as these are some of the major nations in this front. Companies in Asia are collaborating with national and international payment gateway suppliers when it comes to receiving payments online. The Asia Pacific region has definitely seen an active response to the interphase of mobile payments. This region’s unique diversity draws together advanced markets such as Singapore and Australia alongside developing economies such as Thailand and India, suggesting a wide range of sophistication in the mobile payment services available on the market. Asia Pacific will dominate mobile payment consumers worldwide, offering payment suppliers with possibilities to adapt mobile technology to their future platforms and proposals. The uptake of portable payments in the region will be largely due to technology development and accessibility in large developing economies such as China and India.
Based on Payment method, the market is segmented into Credit Card, Debit card and Ewallet. Based on End User, the market is segmented into Hospitality, Retail, Utilities & Telecommunication, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PayPal Holdings, Inc., Global Payments Inc., First Data Corporation, Square Inc., Wirecard AG, Naspers Limited, Visa Inc., Jack Henry & Associates Inc., Adyen N.V., and Paysafe Group Limited.
Scope of the Study
By Payment Method
• Credit Card
• Debit Card
By End User
• Utilities & Telecommunication
• South Korea
• Rest of Asia Pacific
• PayPal Holdings, Inc.
• Global Payments Inc.
• First Data Corporation
• Square Inc.
• Wirecard AG
• Naspers Limited
• Visa Inc.
• Jack Henry & Associates Inc.
• Adyen N.V.
• Paysafe Group Limited.
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