Blueweave
Asia Pacific P2p Payment Market

Asia Pacific P2p Payment Market

SPECIAL OFFER : 25% Super Discount For All !

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

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. 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
  4. 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
  5. 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.)
  6. Impact of Covid-19 on Asia-Pacific P2P Payment Market
  7. 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
  8. Key Strategic Recommendations
  9. 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.

This website is secure and your personal details are safe.

Frequently Asked Questions (FAQs):

Ans: Philippines is expected to grow at the fastest rate in 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.
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.
Ans: The personal segment held a higher market share in the Asia-Pacific P2P Payment Market by end user.
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.