The report covers the present scenario and the growth prospects of the global e-commerce payment market for 2016-2020. To calculate the market size, the report considers the total volume of non-cash transactions sourced through E-Commerce Payment payments. The analysts forecast global E-Commerce Payment market to grow at a CAGR of 16.42% during the period 2016-2020.
The following companies are the key players in the global e-commerce payment market: Alipay, MasterCard, Paypal, and Visa. Other Prominent Vendors in the market are: ACH Payments, Dwolla, and WePay.
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According to the e-commerce payment market report a key growth driver is the rise of m-commerce. The growing popularity of mobile payments is offering customers the freedom to shop online even when travelling. Brick-and-mortar retailers are also offering mobile payment options to enhance their customers' shopping experience. We expect such payment technologies to create market opportunities for merchants, acquirers, and issuers during the forecast period. For instance, retailers can design special offers and loyalty accounts for customers who shop through mobile apps.
The global e-commerce payment market analyst said one trend that is boosting market growth is the expanding payment options. Many top vendors, who have online stores or operate payment mechanisms, have a vast number of clients that use traditional payment instruments. The customers are also demanding that top retailers offer various mobile and other innovative payment options. Meeting these demands may ensure customer retention and attract a huge number of clients during the forecast period.
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Global E-Commerce Payment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The Internet is likely to be the most active trade intermediary, as it allows people to purchase goods online. Advances in technology have increased the range of devices and processes that can be transacted electronically. Many top vendors are trying to formulate different strategies to boost business and customer confidence during the forecast period.
Heavy competition in the online payments space has encouraged the top vendors to optimize their content marketing strategies to help online customers navigate better. Benefits of such strategies can be observed in the growing use of mobile chat platforms during the forecast period.
Further, the report states that one challenge that could restrict market growth is security and privacy concerns.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Technology landscape
PART 06: Market landscape
PART 07: Market segmentation by application
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
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