Research analysts predict that the global e-commerce payment market will grow at a CAGR of +15% over the forecast period. The growing popularity of social media platforms is a major growth driver for this market.
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This market research report includes a breakdown of the global e-commerce payment market through payment mode (card, e-wallet, mobile, bank transfer, debit card, and cash). It briefly describes market share in key regions such as Americas, APAC, and EMEA.
Key vendors analyzed in this report are Visa, MasterCard, AliPay and PayPal.
This market research report includes a detailed segmentation of the global e-commerce payment market by payment mode (cards, e-wallets, mobile, bank transfer, direct debits, and cash on delivery).
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It outlines the market shares for significant regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are Visa, MasterCard, AliPay, and PayPal.
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The availability of smart phones and the accelerated diffusion of recent 3G / 4G technology are deepening the use of social media platforms. A user-friendly interface between supplier and customer helps suppliers promote innovative products and sell products through social media platforms.
Expansion of payment options in the market is expected to drive growth during the forecast period. Consumers want easy access to premium content without disclosing their personal credit card information to unknown sites or tedious registration and approval processes.
As a result, major e-commerce payment companies are working to provide a single platform that is safe, reliable and economical. Many traders have partnered with payment service providers to handle a variety of transactions, enabling you to introduce personalization and improve the customer's shopping experience.
This report studies the global E-commerce Payment market, analyzes and researches the E-commerce Payment development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like: AliPay, MasterCard, PayPal, Visa, Dwolla, WePay and ACH Payments.
Market segment by Regions/Countries, this report cover, United States, EU, Japan, China, India and Southeast Asia The availability of smartphones and the recent acceleration in the spread of 3G/4G technologies is deepening the use of social media platforms. The user-friendly interface between vendors and customers helps providers to promote innovative products and market their wares through social media platforms.
For instance, users can view advertisements of Amazon and Flipkart in social media pioneer Facebook. Such cross-promotional activities have been driving heavy online traffic toward e-commerce portals and has increased the usage of e-payment options.
The expansion of payment options in the market is expected to boost growth during the forecast period. Consumers want to have easy access to premium content without the hassle of disclosing personal credit card information to unknown sites, or going through a tedious registration and authorization process.
As a result, major e-commerce payment vendors are working to provide a single platform that would be secure, reliable, and cost-effective. Numerous merchants are partnering with payment service providers to process various transactions thereby bringing in personalization and enhancing the customer shopping experience.
Despite logistical barriers, consumers are purchasing consumer goods. Simultaneously the number of online buyers are also growing at a high rate in recent years
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