Fintech innovations are the driving factors for Payment Card industry’s increasing market share - AMR

Posted May 18, 2020 by GracieWatson

These days the products and services are just a click away and the credit goes to e-commerce. E-payment systems has led to rise in financial inclusion in the economy.
During the Covid-19 crisis, we can experience a huge technological transformation. This has given a clear indication that their lies a great growth potential for the payment card market, globally.
According to a new report published by Allied Market Research, titled, " Payment Card Market ( by Type (Credit Card, Debit Card, ATM Cards, Charge Card, Stored Value Card, Fleet Card, Gift Card, and Others), and Technology (Embossing, Magnetic Stripe, Smart Card, Payment Cloud, Proximity Card, Re-Programmable Magnetic Stripe Card, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026" The report has offered an all-inclusive analysis of the global fintech market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
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The report presents in-depth insights into each of the leading fintech market’s end user verticals along with annual forecasts to 2026. The report provides revenue forecast with sales, and sales growth rate of the global payment card market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.

The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Top 10 leading companies in the global payment card market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and their products and services. The key players operating in the global payment card industry include Visa, MasterCard, Chase, American Express, Discover, Citibank, Capital One, Bank of America, Wells Fargo, and US Bank
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

Key Benefits
• The report provides a qualitative and quantitative analysis of the current payment card market trends, forecasts, and market size from 2019 to 2026 to determine the prevailing opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market report also provides an understanding of the current position of the market players active in the payment card industry.

Highlights of the Report
* Competitive landscape of the payment card Market.
* Revenue generated by each segment of the payment card market by 2026.
* Factors expected to drive and create new opportunities in the payment card industry.
* Strategies to gain sustainable growth of the market.
* Region that would create lucrative business opportunities during the forecast period.
* Top impacting factors of the payment card market.

About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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Issued By Allied Market
Phone +1-800-792-5285, +1-503-894-60
Business Address Pune, Maharashtra
Country India
Categories Banking , Business , Internet
Tags banking , digitalization , finance , fintech , internet
Last Updated May 18, 2020