Africa On The Verge To Lead Growth Rate In The Payments Market As Per TBRC’s Latest Report


Posted September 28, 2018 by srikanthgtbrc

Asia Pacific was the largest region in the payments market in 2017, accounting for around 38% of the total market. The USA was the largest country in the market accounting for around 37% of the total market.

 
The payments market 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 include all the processing and services fees levied by the banks and financial institutions for payment processing.
Order report at
https://www.thebusinessresearchcompany.com/report/payments-global-market-report-2018
The global payments market has shown decent growth in the past years with a CAGR of over 4%. The year 2017 recorded highest ever growth in this market with a net value of over $136 billion as per TBRC’s in-house consultants.
TBRC’s latest report show the growing trends in the market for each year, globally and geographically with sourced reasons to support the growth claims.
The report also shows the payments market to grow with almost double CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
Download sample report at
https://www.thebusinessresearchcompany.com/sample.aspx?id=107&type=smp
Africa is predicted to have the highest growth rate in the payments market by 2021 with a CAGR of about 14%, although it holds less than 5% market share globally. Asia pacific is the largest share holder of the global market.
Companies included in the report are PayPal, FIS, Bank of America, Industrial and Commercial Bank of China, and Citigroup Inc.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: [email protected]
Follow us on Linkedin: https://in.linkedin.com/company/the-business-research-company
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By srikanth
Phone +442071930708
Business Address 47 Anchorage Point,
42 Cuba Street, Canary Wharf,
Country United Kingdom
Categories Banking
Tags Payments Market Research Report , Mobile Payments Market Analysis , Mobile Pay Market Overview
Last Updated September 28, 2018