Asia Pacific P2p Payment Market

Home BFSI Asia Pacific P2p Payment Market

Asia Pacific P2P Payment Market, By Transaction Mode (Mobile Web Payments, Near Field Communication, SMS/ Direct Carrier Billing, Other Transaction Modes); By Payment Type (Remote, Proximity); By Application (Media & Entertainment, Energy & Utilities, Healthcare, Retail, Hospitality & Transportation, Other Applications); By End User (Personal, Business); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of APAC); Trend Analysis, Competitive Landscape & Forecast, 2019–2029

Published Date: January 2023
Report ID: BWC23044
Available Format: PDF
Page: 119

Report Overview

Deepening penetration of smartphones and internet, and favorable government measures are expected to drive the growth of Asia-Pacific P2P (Peer-to-Peer) Payment Market during the forecast period between 2023 and 2029.

Asia-Pacific P2P Payment Market - Industry Trends & Forecast Report, 2029

Asia-Pacific P2P payment market size is projected to grow at a CAGR of 20.2% during the forecast period between 2023 and 2029. The growth of Asia-Pacific P2P payment market is attributed to expanding internet banking, increasing penetration of smartphones, and rising convenience of online payments, which is attracting the younger demographic. The competitors of the P2P payments market are increasingly launching their applications in the Asia-Pacific countries with attractive features and encrypted payments. Apps, such as Kakaopay, Google Pay, PhonePe, PromptPay, and Naver Pay, have already established themselves in the market, which is attracting the users, especially the younger demographic and driving the overall Asia-Pacific P2P payment market.

Asia-Pacific P2P Payment Market – Overview

Peer-to-Peer (P2P) payments are a method by which a user can send money from their bank account to another person's account using the internet or a mobile device as the digital medium. P2P payments enable users to transfer money quickly while protecting the confidentiality of their bank account information. The recipient's email address or phone number is all that is needed to send a payment; one may add an individual as a contact within the app using one of those details. It is an alternative payment method that enables quicker and more secure transactions.

Asia-Pacific P2P Payment Market

Growth Drivers

Growing Digitization in Asia Pacific

Digital transformation in the Asia-Pacific countries is emerging as the major factor propelling the growth of the P2P payments market in the region. The growing penetration of smartphones and the rising popularity of social media platforms are giving a significant boost to P2P payment applications. According to a report published by the World Economic Forum, the Philippines have the highest growth in terms of smartphone use with 90% growth, followed by Singapore (87%), Malaysia (83%), and Thailand (75%). This is expected to promote digital payments in these regions, further propelling the number of digital transactions in the Asia-Pacific countries through P2P payment applications.

Restraints

Lack of Technical Expertise and Regulations

Except for certain fastest emerging economies including China, India, and Japan, the Asia-Pacific countries lack the technical expertise and infrastructure to support the expanding ecosystem of P2P payments. Additionally, two main issues with P2P payments are security and fraud. The biggest potential market for P2P payment, i.e., India does not have strict regulations against cybercrime or privacy. These online payment platforms are highly exposed to scams and hacks as they have built-in social networking components. This may act as a huge restraining factor for the growth of the Asia-Pacific P2P payment market.

Impact of COVID-19 on the Asia-Pacific P2P Payment Market

The unprecedented COVID-19 pandemic emerged as a booster for the Asia-Pacific P2P payment market. The coronavirus is said to be spread through physical toughness, which means it can be initiated through the transfer of cash hand-to-hand. Although the spending power of consumers declined during the lockdown period, P2P payment apps emerged as a substitute for cash payments for the purchase of essential goods. According to a report published by the World Bank, after the pandemic began, more than 80 million individuals in India and over 100 million adults in China made their first digital merchant payment. As a result, the outbreak is said to provide huge opportunities to the Asia-Pacific P2P payment market during the forecast period as well.

Asia-Pacific P2P Payment Market

Segmental Coverage

Asia-Pacific P2P Payment Market – By Transaction Mode

Based on transaction mode, the Asia-Pacific P2P payment market is segregated into mobile web payments, near-field communication, SMS/ direct carrier billing, and other transaction modes. Mobile web payments held the highest market share owing to the rising popularity of peer-to-peer mobile payment apps, such as PayPal, SmartLend, LinePay, and GCash. When shopping on device using mobile web browser or the retailer's app, mobile web payments enable the user to make purchases remotely. A pre-registered online payment service account (or digital wallet), such as PayPal, or a credit or debit card number the users input is normally where the purchase money is charged.

Asia-Pacific P2P Payment Market – By Payment Type

Based on payment type, Asia-Pacific P2P Payment market is segmented into remote and proximity. The remote payment type accounts for the higher share in the Asia-Pacific P2P payment market. The P2P payment applications offer various options to make remote payments such as the use of virtual terminals, which eliminates the use of debit or credit cards or the need for the payee to be in close proximity for making payments. The growth of remote payments is mainly attributed to the growth of international trade between Asia-Pacific countries and the expanding need for platforms offering borderless payments.

Asia-Pacific P2P Payment Market – By Application

Based on application, the Asia-Pacific P2P payment market is segmented into media & entertainment, energy & utilities, healthcare, retail, hospitality & transportation, and other applications. The retail segment held the highest share of the market in 2022 and is projected to dominate the market during the forecast period as well due to its convenience for both consumers and business owners. P2P payment methods provide several benefits, including quick payments, the convenience of use, no need to carry cash, no worry about theft, elevated client status, and access to exclusive deals.

Asia-Pacific P2P Payment Market – By End User

Based on end user, Asia-Pacific P2P payment market is segregated into personal and business segments. The use of P2P payment for personal purposes holds a higher share in the Asia-Pacific P2P payment market. P2P payments are being used for various purposes such as dividing the cost of a meal among friends, online shopping, and bill payments at local shops. The growth of this segment is mostly propelled by the younger generation as around 57.6% of global Genz are using P2P payments, followed by Millennials (54.1%), as reported by emerchantpay.

Asia-Pacific P2P Payment Market – By Region

Geographically, Asia-Pacific P2P payment market covers the major countries: China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, and the rest of APAC. India dominates the Asia-Pacific P2P payment market, as the country is emerging as the major driver of the global digital economy. According to data released by the National Payments Corporation of India (NPCI), UPI facilitated 2,348 transactions every second in 2020, a significant 74.83% YoY increase in 2022. The increasing penetration of P2P payment apps including Google Pay, PhonePe, and Paytm is emerging as the major driving factor for the growth of the P2P payment market in India.

Competitive Landscape

Major players operating in the Asia-Pacific P2P Payment market include ACI Worldwide, PayPal, Inc., Novatti Group Ltd, Global Payments Inc., Visa, Stripe, Inc., Google, LLC, Finastra., SAMSUNG, Amazon Web Services, Inc., Financial Software & Systems Pvt. Ltd., Aurus Inc., Adyen, and Fiserv, Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

In January 2022 – MoneyGram, a US cross–border P2P payments and money transfer company, formed its partnership with Japanese fintech Smiles to initiate cross-border payments for Japanese customers.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2022
	Base Year – 2022
	Estimated Year – 2023
	Forecast Period – 2023–2029
Facts Covered	Revenue in USD Million
Market Coverage	China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of APAC
Product/ Service Segmentation	Transaction Mode, Payment Type, Application, End User, Country
Key Players	ACI Worldwide, PayPal, Inc., Novatti Group Ltd, Global Payments Inc., Visa, Stripe, Inc., Google, LLC, Finastra., SAMSUNG, Amazon Web Services, Inc., Financial Software & Systems Pvt. Ltd., Aurus Inc., Adyen, Fiserv, Inc.

By Transaction Mode

Mobile Web Payments
Near Field Communication
SMS/ Direct Carrier Billing
Other Transaction Modes

By Payment Type

Remote
Proximity

By Application

Media & Entertainment
Energy & Utilities
Healthcare
Retail
Hospitality & Transportation
Other Applications

By End User

Personal
Business

By Country

India
Japan
South Korea
Australia & New Zealand
Indonesia
Malaysia
Singapore
Philippines
Vietnam
Rest of APAC

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
Executive Summary
Asia-Pacific P2P Payment Market Insights
1. Industry Value Chain Analysis
2. DROC Analysis
  1. Growth Drivers
    1. Growth in Adoption of Smart Phones
    2. Increasing Internet Adoption
    3. Increased Government Support
  2. Restraints
    1. Lack of Technical Expertise
  3. Opportunities
    1. Technological Advancement
    2. Growing Trend of E-Commerce Shopping
  4. Challenges
3. Technology Advancements/Recent Developments
4. Regulatory Framework
5. Porter’s Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of New Entrants
  4. Threat of Substitutes
  5. Intensity of Rivalry
Asia-Pacific P2P Payment Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Transaction Mode
    1. Mobile Web Payments
    2. Near Field Communication
    3. SMS/ Direct Carrier Billing
    4. Other Transaction Modes
  2. By Payment Type
    1. Remote
    2. Proximity
  3. By Application
    1. Media & Entertainment
    2. Energy & Utilities
    3. Healthcare
    4. Retail
    5. Hospitality & Transportation
    6. Other Applications
  4. By End User
    1. Personal
    2. Business
  5. By Country
    1. China
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
    2. India
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
    3. Japan
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
    4. South Korea
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
    5. Australia & New Zealand
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
    6. Indonesia
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
    7. Malaysia
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
    8. Singapore
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
    9. Philippines
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
    10. Vietnam
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
    11. Rest of APAC
      1. By Transaction Mode
      2. By Payment Type
      3. By Application
      4. By End User
Competitive Landscape
1. List of Key Players and Their Offerings
2. Asia-Pacific P2P Payment Company Market Share Analysis, 2022
3. Competitive Benchmarking, By Operating Parameters
4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
Impact of Covid-19 on Asia-Pacific P2P Payment Market
Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
1. ACI Worldwide
2. PayPal, Inc.
3. Novatti Group Ltd
4. Global Payments Inc.
5. Visa
6. Stripe, Inc.
7. Google, LLC
8. Finastra.
9. SAMSUNG
10. Amazon Web Services, Inc.
11. Financial Software & Systems Pvt. Ltd.
12. Aurus Inc.
13. Adyen
14. Fiserv, Inc.
15. Other Prominent Players
Key Strategic Recommendations
Research Methodology
1. Qualitative Research
  1. Primary & Secondary Research
2. Quantitative Research
3. Market Breakdown & Data Triangulation
  1. Secondary Research
  2. Primary Research
4. Breakdown of Primary Research Respondents, By Region
5. Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List Of Figures

Figure 1 Asia-Pacific P2P Payment Segmentation

Figure 2 Asia-Pacific P2P Payment Market Value Chain Analysis

Figure 3 Company Market Share Analysis, 2022

Figure 4 Asia-Pacific P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 5 Asia-Pacific P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 6 Asia-Pacific P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 7 Asia-Pacific P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 8 Asia-Pacific P2P Payment Market Share, By End User, By Value, 2019–202

Figure 9 Asia-Pacific P2P Payment Market Share, By Country, By Value, 2019–202

Figure 10 China P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 11 China P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 12 China P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 13 China P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 14 China P2P Payment Market Share, By End User, By Value, 2019–2029

Figure 15 India P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 16 India P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 17 India P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 18 India P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 19 India P2P Payment Market Share, By End User, By Value, 2019–2029

Figure 20 Japan P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 21 Japan P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 22 Japan P2P Payment Market Share, By Payment Type, By Value, 2019–2

Figure 23 Japan P2P Payment Market Share, By Application, By Value, 2019–202

Figure 24 Japan P2P Payment Market Share, By End User, By Value, 2019–2029

Figure 25 South Korea P2P Payment Market Size, By Value (USD Million), 2019–2

Figure 26 South Korea P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 27 South Korea P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 28 South Korea P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 29 South Korea P2P Payment Market Share, By End User, By Value, 2019–2029

Figure 30 Australia & New Zealand P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 31 Australia & New Zealand P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 32 Australia & New Zealand P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 33 Australia & New Zealand P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 34 Australia & New Zealand P2P Payment Market Share, By End User, By Value, 2019–2029

Figure 35 Indonesia P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 36 Indonesia P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 37 Indonesia P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 38 Indonesia P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 39 Indonesia P2P Payment Market Share, By End User, By Value, 2019–2029

Figure 40 Malaysia P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 41 Malaysia P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 42 Malaysia P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 43 Malaysia P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 44 Malaysia P2P Payment Market Share, By End User, By Value, 2019–2029

Figure 45 Singapore P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 46 Singapore P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 47 Singapore P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 48 Singapore P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 49 Singapore P2P Payment Market Share, By End User, By Value, 2019–2029

Figure 50 Philippines P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 51 Philippines P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 52 Philippines P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 53 Philippines P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 54 Philippines P2P Payment Market Share, By End User, By Value, 2019–2029

Figure 55 Vietnam P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 56 Vietnam P2P Payment Market Share, By Transaction Mode, By Value, 2019–202

Figure 57 Vietnam P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 58 Vietnam P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 59 Vietnam P2P Payment Market Share, By End User, By Value, 2019–2029

Figure 60 Rest of APAC P2P Payment Market Size, By Value (USD Million), 2019–2029

Figure 61 Rest of APAC P2P Payment Market Share, By Transaction Mode, By Value, 2019–2029

Figure 62 Rest of APAC P2P Payment Market Share, By Payment Type, By Value, 2019–2029

Figure 63 Rest of APAC P2P Payment Market Share, By Application, By Value, 2019–2029

Figure 64 Rest of APAC P2P Payment Market Share, By End User, By Value, 2019–2029

List Of Tables

Table 1 Asia-Pacific P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 2 Asia-Pacific P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 3 Asia-Pacific P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 4 Asia-Pacific P2P Payment Market Size, By Application, By Value, 2019–2029

Table 5 Asia-Pacific P2P Payment Market Size, By End User, By Value, 2019–2029

Table 6 Asia-Pacific P2P Payment Market Size, By Country, By Value, 2019–2029

Table 7 China P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 8 China P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 9 China P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 10 China P2P Payment Market Size, By Application, By Value, 2019–2029

Table 11 China P2P Payment Market Size, By End User, By Value, 2019–2029

Table 12 India P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 13 India P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 14 India P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 15 India P2P Payment Market Size, By Application, By Value, 2019–2029

Table 16 India P2P Payment Market Size, By End User, By Value, 2019–2029

Table 17 Japan P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 18 Japan P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 19 Japan P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 20 Japan P2P Payment Market Size, By Application, By Value, 2019–2029

Table 21 Japan P2P Payment Market Size, By End User, By Value, 2019–2029

Table 22 South Korea P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 23 South Korea P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 24 South Korea P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 25 South Korea P2P Payment Market Size, By Application, By Value, 2019–2029

Table 26 South Korea P2P Payment Market Size, By End User, By Value, 2019–2029

Table 27 Australia & New Zealand P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 28 Australia & New Zealand P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 29 Australia & New Zealand P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 30 Australia & New Zealand P2P Payment Market Size, By Application, By Value, 2019–2029

Table 31 Australia & New Zealand P2P Payment Market Size, By End User, By Value, 2019–2029

Table 32 Indonesia P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 33 Indonesia P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 34 Indonesia P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 35 Indonesia P2P Payment Market Size, By Application, By Value, 2019–2029

Table 36 Indonesia P2P Payment Market Size, By End User, By Value, 2019–2029

Table 37 Malaysia P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 38 Malaysia P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 39 Malaysia P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 40 Malaysia P2P Payment Market Size, By Application, By Value, 2019–2029

Table 41 Malaysia P2P Payment Market Size, By End User, By Value, 2019–2029

Table 42 Singapore P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 43 Singapore P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 44 Singapore P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 45 Singapore P2P Payment Market Size, By Application, By Value, 2019–2029

Table 46 Singapore P2P Payment Market Size, By End User, By Value, 2019–2029

Table 47 Philippines P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 48 Philippines P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 49 Philippines P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 50 Philippines P2P Payment Market Size, By Application, By Value, 2019–2029

Table 51 Philippines P2P Payment Market Size, By End User, By Value, 2019–2029

Table 52 Vietnam P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 53 Vietnam P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 54 Vietnam P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 55 Vietnam P2P Payment Market Size, By Application, By Value, 2019–2029

Table 56 Vietnam P2P Payment Market Size, By End User, By Value, 2019–2029

Table 57 Rest of APAC P2P Payment Market Size, By Value (USD Million), 2019–2029

Table 58 Rest of APAC P2P Payment Market Size, By Transaction Mode, By Value, 2019–2029

Table 59 Rest of APAC P2P Payment Market Size, By Payment Type, By Value, 2019–2029

Table 60 Rest of APAC P2P Payment Market Size, By Application, By Value, 2019–2029

Table 61 Rest of APAC P2P Payment Market Size, By End User, By Value, 2019–2029

Table 62 ACI Worldwide Company Overview

Table 63 ACI Worldwide Financial Overview

Table 64 PayPal, Inc. Company Overview

Table 65 PayPal, Inc. Financial Overview

Table 66 Novatti Group Ltd Company Overview

Table 67 Novatti Group Ltd Financial Overview

Table 68 Global Payments Inc. Company Overview

Table 69 Global Payments Inc. Financial Overview

Table 70 Visa Company Overview

Table 71 Visa Financial Overview

Table 72 Stripe, Inc. Company Overview

Table 73 Stripe, Inc. Financial Overview

Table 74 Google, LLC Company Overview

Table 75 Google, LLC Financial Overview

Table 76 Finastra. Company Overview

Table 77 Finastra. Financial Overview

Table 78 SAMSUNG Company Overview

Table 79 SAMSUNG Financial Overview

Table 80 Amazon Web Services, Inc. Company Overview

Table 81 Amazon Web Services, Inc. Financial Overview

Table 82 Financial Software & Systems Pvt. Ltd. Company Overview

Table 83 Financial Software & Systems Pvt. Ltd. Financial Overview

Table 84 Aurus Inc. Company Overview

Table 85 Aurus Inc. Financial Overview

Table 86 Adyen Company Overview

Table 87 Adyen Financial Overview

Table 88 Fiserv, Inc. Company Overview

Table 89 Fiserv, Inc. Financial Overview

Market Segmentation

By Transaction Mode

Mobile Web Payments
Near Field Communication
SMS/ Direct Carrier Billing
Other Transaction Modes

By Payment Type

Remote
Proximity

By Application

Media & Entertainment
Energy & Utilities
Healthcare
Retail
Hospitality & Transportation
Other Applications

By End User

Personal
Business

By Country

India
Japan
South Korea
Australia & New Zealand
Indonesia
Malaysia
Singapore
Philippines
Vietnam
Rest of APAC

No data available

To request a free sample copy of this report, please complete the form below.

We value your investment and offer free customization with every report to fulfil your exact research needs.

Yes, I have read the privacy policy

This website is secure and your personal details are safe.

Frequently Asked Questions (FAQs):

1. Which is the fastest growing country in Asia-Pacific P2P Payment Market?

Ans: Philippines is expected to grow at the fastest rate in Asia-Pacific P2P Payment Market during the forecast period.

2. What is the expected growth rate of Asia-Pacific P2P Payment Market during the forecast period?

Ans: Asia-Pacific P2P Payment Market is expected to grow at a CAGR of 20.2% during the forecast period between 2023 and 2029.

3. What are the major factors driving the growth of Asia-Pacific P2P Payment Market?

Ans: Major factors driving the growth of Asia-Pacific P2P Payment Market include growth during the forecast period owing to the growth in adoption of smart phones, increasing internet adoption and increased government support.

4. Which segment accounted for the highest share in Asia-Pacific P2P Payment Market by service type?

Ans: The personal segment held a higher market share in the Asia-Pacific P2P Payment Market by end user.

5. Name the key players in Asia-Pacific P2P Payment Market.

Ans: Key players in Asia-Pacific P2P Payment Market include ACI Worldwide, PayPal, Inc., Novatti Group Ltd, Global Payments Inc., Visa, Stripe, Inc., Google, LLC, Finastra., SAMSUNG, Amazon Web Services, Inc., Financial Software & Systems Pvt. Ltd., Aurus Inc., Adyen, and Fiserv, Inc.

PLACE AN ORDER

SINGLE USER LICENSE
$ 3599
GROUP LICENSE
$ 4000
ENTERPRISE LICENSE
$ 4500
EXCEL DATA PACK
$ 2100

Request for Sample

RELATED REPORTS

WHY CHOOSE US

24/7 Research Support

Get your queries resolved from an industry expert. Request for a free product review before report purchase.
Custom Research Service

Ask the Analyst to customize an exclusive study to serve your research needs
Quality & Accuracy

Ask the Analyst to customize an exclusive study to serve your research needs
Data Visualization

As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization
Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.