Faster Payment Service (FPS) Market Synopsis

Faster Payment Service (FPS) Market Is Expected to Grow at A Significant Growth Rate, And the Forecast Period Is 2022-2028, Considering the Base Year As 2021.

A faster payment is one that allows for real-time or almost real-time fund availability to the payee and is accessible virtually around the clock in the majority of supported payment systems and schemes globally. Faster payment methods and faster payment plans promote quick payments. (FPS).

• An FPS is an electronic payment system that enables the inter-bank transfer of funds and provides payment confirmation to the recipient and originator in under a minute (the duration may vary according to the payment scheme and the recipient's location). These payments are final, which means that after the transaction has been finished, neither the payer nor the financial institution can take them back.
• Faster Payment Service (FPS), an electronic and contactless payment mechanism, enables payments to be made from one party to the next for the acquisition of goods and services. A digital payment debits the account of the payer and credits the account of the recipient with the same amount.
• Faster payment methods make carrying cash unnecessary, which reduces money theft. The FPS is a platform for payments that links banks and proprietors of facilities for stored value. (SVFs). By allowing users to shop online whenever they want and from any place, move money from one person to another, or top up their e-wallets, transactions are made simpler and faster. According to ACI Worldwide, Prime time for real-time global payments reports the below graph seen the FPS transaction mostly increasing in India Thus, the Major growth for the FPS market is in India.

Faster Payment Service (FPS) Market Trend Analysis

Increasing Use of Digital Payments

• The market continues to grow as a result of global initiatives to adopt a unified payments interface and an increasing rate of digitization, especially in the APAC region. As consumers become more aware of the security and safety of these interfaces, the market will grow.
• A variety of opportunities for market expansion are also presented by the growing pace of digitization. The growing number of government initiatives and supportive laws by the federal and state governments with reference to supporting the market's growth, particularly in the APAC area, is broadening the scope of globalization.
• Digital payment is one of the main growth factors for these countries. Therefore, the government's increased focus will create a number of opportunities. In addition, factors including rising urbanization, industrialization, and an increase in smartphone usage globally have all aided in the market's expansion throughout the course of the projection period.
• The market will also benefit from an increase in data processing activities, complete digitization of processes, and gradual changes to the legal environment. Additionally, it is anticipated that a rise in consumer disposable income and a daily increase in the number of payment interfaces will spur market expansion.
• The market will also benefit from an increase in data processing activities, total operational digitization, and gradual regulatory framework changes. Thus, digitalization is increasing and this is the major driving factor for the Fast Payment Service Market.

Faster Payment Service (FPS) Market Trend Analysis

      Increasing Use of Digital Payments

• The market continues to grow as a result of global initiatives to adopt a unified payments interface and an increasing rate of digitization, especially in the APAC region. As consumers become more aware of the security and safety of these interfaces, the market will grow.
• A variety of opportunities for market expansion are also presented by the growing pace of digitization. The growing number of government initiatives and supportive laws by the federal and state governments with reference to supporting the market's growth, particularly in the APAC area, is broadening the scope of globalization.
• Digital payment is one of the main growth factors for these countries. Therefore, the government's increased focus will create a number of opportunities. In addition, factors including rising urbanization, industrialization, and an increase in smartphone usage globally have all aided in the market's expansion throughout the course of the projection period.
• The market will also benefit from an increase in data processing activities, complete digitization of processes, and gradual changes to the legal environment. Additionally, it is anticipated that a rise in consumer disposable income and a daily increase in the number of payment interfaces will spur market expansion.
• The market will also benefit from an increase in data processing activities, total operational digitization, and gradual regulatory framework changes. Thus, digitalization is increasing and this is the major driving factor for the Fast Payment Service Market.

Information Technology To Fast Payments Provides An Opportunity

• From a private perspective, the application of information technology to fast payments provides an opportunity for PSPs to upgrade their services for end users. Unlike investments in traditional payment services, which tend to involve incremental change, the use of information technology for fast payments may allow PSPs to provide highly modernised services.
• In addition, the ability to exploit links between fast payments and other services, through service enhancements or value-added services, may provide an opportunity for individual PSPs to take advantage of investments in fast payments to offer other enhanced services to customers.

Segmentation Analysis Of the Faster Payment Service (FPS) Market

Faster Payment Service (FPS) Market segments cover the Mode of payment, Component, Deployment, and end-users. By Mode of Payment, Retail and E-Commerce segment is Anticipated to Dominate the Market Over the Forecast period.

• Retail typically refers to transactions that take place in actual, physical stores. These establishments, which can range in size from local mom-and-pop shops to more significant retail chains like Walmart, are the more conventional choice.
• E-commerce describes purchases done online or through a digital channel. These sales often come from several proprietary e-commerce systems as well as online marketplaces like Amazon, eBay, and Etsy. The investments required for retail are more than those for an internet business.
• As you will need to include in real estate spendings, such as renting and leasing, as well as maintenance charges and the cost of marketing outside the store, it will probably grow more expensive and time-consuming.
• The relatively inexpensive startup costs, on the other hand, are one of the major benefits of e-commerce. E-commerce necessitates the use of marketing tools, an e-commerce platform, and websites, all of which are frequently offered as a single package.

Regional Analysis of Faster Payment Service (FPS) Market

Asia Pacific is Expected to Dominate the Market Over the Forecast Period.

• The majority of people on the planet reside in rural and isolated areas. Digital literacy and connectivity are lacking among this group. Governments, aid agencies, and businesses now acknowledge the significance of financial services for a sizable population residing in rural and distant areas. As a result, more individuals have access to financial services. 
• India and Japan are expected to acquire more traction throughout the projection period, and Asia-Pacific is expected to dominate the digital payment industry. In comparison to other regions, the adoption of mobile payments and digital wallets is probably higher in APAC. Due to the increasing smartphone penetration in China and India, both of which have large populations, the market for electronic payments has numerous clients.
• After demonetization in 2016, India has turned to mobile payments and digital wallets. The revenue generated by the digital payment market is anticipated to increase in the upcoming years due to Indian government initiatives like Digital India. More than 50% of Chinese internet transactions are expected to be funded by the e-commerce behemoth Alibaba Ltd.
• In the global market for digital payments, North America is expected to have the second-highest market share. Cash or debit/credit cards are the most common forms of payment in this area. Some of the world's top financial institutions are located in this area. The security and policies of online banking are another reason why user favors it. Digital wallet usage is expected to develop during the forecast period as a result of the various techniques being used by digital payment providers.

Covid-19 Impact Analysis On Faster Payment Service (FPS) Market

The widespread use of e-wallets and contactless payment methods during the COVID-19 pandemic has benefited the market. The market grew as a result of the lockdown and movement limitations that supported the online buying trend. Even though the manufacturing sector was severely affected, bill payments, peer-to-peer transfers, and customer-to-business (C2B) payments all increased during the lockdown. In addition to the global spread of formal financial institutions, the COVID-19 epidemic has sparked financial inclusion and led to a significant rise in digital payments. According to the Global Findex 2021 database, this development produced new economic opportunities, reduced the gender gap in account ownership, and increased household resilience to better handle financial shocks.

The use of digital payments has expanded as a result of the pandemic. Over 40% of adults in low- and middle-income countries (apart from China) who paid a merchant in-person or online with a card, phone, or the internet did so for the first time since the pandemic's commencement. More than a third of persons in low- and middle-income nations who paid a power bill straight from a formal account experienced the same thing.  After the pandemic began, more than 80 million adults in India and over 100 million adults in China made their first digital merchant payment.

Top Key Players Covered in Faster Payment Service (FPS) Market

• ACI Worldwide (U.S.)
• FIS (U.S.)
• Fiserv Inc. (U.S.)
• wirecard (U.S.)
• Mastercard (U.S.)
• Temenos Headquarters SA (U.S.)
• Global Payments Inc. (U.S.)
• Capgemini (France)
• Icon Solutions Ltd (U.K.)
• M & A Ventures, LLC (U.S.)
• PAYRIX. (Australia)
• Nexi Payments SpA (Italy)
• Obopay (U.S.)
• Ripple (U.S.), and Other Major Players

Top Key Players Covered in Faster Payment Service (FPS) Market

In November 2021, Fiserv has launched EnteractSM, a new, cloud-based customer relationship management (CRM) platform for financial institutions. Enteract features a Microsoft Azure-based integration framework that synchronizes customer data with back-end systems and enables real-time process integration across core banking, enterprise content management and digital channels.

In December 2022, ACI Worldwide partners with BI-FAST to extend their payment services. ACI Worldwide has partnered up with Indonesia-based payment scheme BI-FAST to launch a new range of real-time payment services. BI-FAST has now a total of 106 participants, 19 of which use ACI Worldwide’s payment solutions to connect to it. Following this partnership, BI-FAST’s plans include expanding and interconnecting with other regional schemes, in order to create a real-time payments network for Indonesia.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Mode of payment
 3.2 By Component
 3.3 By Deployment
 3.4 By End Use Industry

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Faster Payment Service (FPS) Market by Mode of payment
 5.1 Faster Payment Service (FPS) Market Overview Snapshot and Growth Engine
 5.2 Faster Payment Service (FPS) Market Overview
 5.3 Single Immediate Payments
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2030F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Single Immediate Payments: Geographic Segmentation
 5.4 Forward-Dated Payments
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2030F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Forward-Dated Payments: Geographic Segmentation
 5.5 Direct Corporate Access Payments
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2030F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Direct Corporate Access Payments: Geographic Segmentation
 5.6 Domestic P2P Payments
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2030F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Domestic P2P Payments: Geographic Segmentation
 5.7 P2M Payments
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2030F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 P2M Payments: Geographic Segmentation
 5.8 B2B Payments
  5.8.1 Introduction and Market Overview
  5.8.2 Historic and Forecasted Market Size (2016-2030F)
  5.8.3 Key Market Trends, Growth Factors and Opportunities
  5.8.4 B2B Payments: Geographic Segmentation
 5.9 Others
  5.9.1 Introduction and Market Overview
  5.9.2 Historic and Forecasted Market Size (2016-2030F)
  5.9.3 Key Market Trends, Growth Factors and Opportunities
  5.9.4 Others: Geographic Segmentation

Chapter 6: Faster Payment Service (FPS) Market by Component
 6.1 Faster Payment Service (FPS) Market Overview Snapshot and Growth Engine
 6.2 Faster Payment Service (FPS) Market Overview
 6.3 Solutions
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2030F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Solutions: Geographic Segmentation
 6.4 Payment gateway
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2030F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Payment gateway: Geographic Segmentation
 6.5 Payment Processing
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2030F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Payment Processing: Geographic Segmentation
 6.6 Payment security
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2030F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Payment security: Geographic Segmentation
 6.7 Services
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2016-2030F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Services: Geographic Segmentation
 6.8 Others
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size (2016-2030F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Others: Geographic Segmentation

Chapter 7: Faster Payment Service (FPS) Market by Deployment
 7.1 Faster Payment Service (FPS) Market Overview Snapshot and Growth Engine
 7.2 Faster Payment Service (FPS) Market Overview
 7.3 Cloud
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2030F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Cloud: Geographic Segmentation
 7.4 On-Premises
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2030F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 On-Premises: Geographic Segmentation

Chapter 8: Faster Payment Service (FPS) Market by End Use Industry
 8.1 Faster Payment Service (FPS) Market Overview Snapshot and Growth Engine
 8.2 Faster Payment Service (FPS) Market Overview
 8.3 Retail & E-Commerce
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2030F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Retail & E-Commerce: Geographic Segmentation
 8.4 Banking
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2030F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Banking: Geographic Segmentation
 8.5 Financial Services & Insurance (BFSI)
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2030F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Financial Services & Insurance (BFSI): Geographic Segmentation
 8.6 IT & Telecom
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2030F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 IT & Telecom: Geographic Segmentation
 8.7 Travel & Tourism
  8.7.1 Introduction and Market Overview
  8.7.2 Historic and Forecasted Market Size (2016-2030F)
  8.7.3 Key Market Trends, Growth Factors and Opportunities
  8.7.4 Travel & Tourism: Geographic Segmentation
 8.8 Others
  8.8.1 Introduction and Market Overview
  8.8.2 Historic and Forecasted Market Size (2016-2030F)
  8.8.3 Key Market Trends, Growth Factors and Opportunities
  8.8.4 Others: Geographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Faster Payment Service (FPS) Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Heat Map Analysis
  9.1.5 Faster Payment Service (FPS) Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Faster Payment Service (FPS) Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 ACI WORLDWIDE (U.S.)
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 FIS (U.S.)
 9.4 FISERV INC. (U.S.)
 9.5 WIRECARD (U.S.)
 9.6 MASTERCARD (U.S.)
 9.7 TEMENOS HEADQUARTERS SA (U.S.)
 9.8 GLOBAL PAYMENTS INC. (U.S.)
 9.9 CAPGEMINI (FRANCE)
 9.10 ICON SOLUTIONS LTD (U.K.)
 9.11 M & A VENTURES
 9.12 LLC (U.S.)
 9.13 PAYRIX. (AUSTRALIA)
 9.14 NEXI PAYMENTS SPA (ITALY)
 9.15 OBOPAY (U.S.)
 9.16 RIPPLE (U.S.)
 9.17 OTHER MAJOR PLAYERS

Chapter 10: Global Faster Payment Service (FPS) Market Analysis, Insights and Forecast, 2016-2030
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Mode of payment
  10.2.1 Single Immediate Payments
  10.2.2 Forward-Dated Payments
  10.2.3 Direct Corporate Access Payments
  10.2.4 Domestic P2P Payments
  10.2.5 P2M Payments
  10.2.6 B2B Payments
  10.2.7 Others
 10.3 Historic and Forecasted Market Size By Component
  10.3.1 Solutions
  10.3.2 Payment gateway
  10.3.3 Payment Processing
  10.3.4 Payment security
  10.3.5 Services
  10.3.6 Others
 10.4 Historic and Forecasted Market Size By Deployment
  10.4.1 Cloud
  10.4.2 On-Premises
 10.5 Historic and Forecasted Market Size By End Use Industry
  10.5.1 Retail & E-Commerce
  10.5.2 Banking
  10.5.3 Financial Services & Insurance (BFSI)
  10.5.4 IT & Telecom
  10.5.5 Travel & Tourism
  10.5.6 Others

Chapter 11: North America Faster Payment Service (FPS) Market Analysis, Insights and Forecast, 2016-2030
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Mode of payment
  11.4.1 Single Immediate Payments
  11.4.2 Forward-Dated Payments
  11.4.3 Direct Corporate Access Payments
  11.4.4 Domestic P2P Payments
  11.4.5 P2M Payments
  11.4.6 B2B Payments
  11.4.7 Others
 11.5 Historic and Forecasted Market Size By Component
  11.5.1 Solutions
  11.5.2 Payment gateway
  11.5.3 Payment Processing
  11.5.4 Payment security
  11.5.5 Services
  11.5.6 Others
 11.6 Historic and Forecasted Market Size By Deployment
  11.6.1 Cloud
  11.6.2 On-Premises
 11.7 Historic and Forecasted Market Size By End Use Industry
  11.7.1 Retail & E-Commerce
  11.7.2 Banking
  11.7.3 Financial Services & Insurance (BFSI)
  11.7.4 IT & Telecom
  11.7.5 Travel & Tourism
  11.7.6 Others
 11.8 Historic and Forecast Market Size by Country
  11.8.1 US
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Eastern Europe Faster Payment Service (FPS) Market Analysis, Insights and Forecast, 2016-2030
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Mode of payment
  12.4.1 Single Immediate Payments
  12.4.2 Forward-Dated Payments
  12.4.3 Direct Corporate Access Payments
  12.4.4 Domestic P2P Payments
  12.4.5 P2M Payments
  12.4.6 B2B Payments
  12.4.7 Others
 12.5 Historic and Forecasted Market Size By Component
  12.5.1 Solutions
  12.5.2 Payment gateway
  12.5.3 Payment Processing
  12.5.4 Payment security
  12.5.5 Services
  12.5.6 Others
 12.6 Historic and Forecasted Market Size By Deployment
  12.6.1 Cloud
  12.6.2 On-Premises
 12.7 Historic and Forecasted Market Size By End Use Industry
  12.7.1 Retail & E-Commerce
  12.7.2 Banking
  12.7.3 Financial Services & Insurance (BFSI)
  12.7.4 IT & Telecom
  12.7.5 Travel & Tourism
  12.7.6 Others
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Bulgaria
  12.8.2 The Czech Republic
  12.8.3 Hungary
  12.8.4 Poland
  12.8.5 Romania
  12.8.6 Rest of Eastern Europe

Chapter 13: Western Europe Faster Payment Service (FPS) Market Analysis, Insights and Forecast, 2016-2030
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Mode of payment
  13.4.1 Single Immediate Payments
  13.4.2 Forward-Dated Payments
  13.4.3 Direct Corporate Access Payments
  13.4.4 Domestic P2P Payments
  13.4.5 P2M Payments
  13.4.6 B2B Payments
  13.4.7 Others
 13.5 Historic and Forecasted Market Size By Component
  13.5.1 Solutions
  13.5.2 Payment gateway
  13.5.3 Payment Processing
  13.5.4 Payment security
  13.5.5 Services
  13.5.6 Others
 13.6 Historic and Forecasted Market Size By Deployment
  13.6.1 Cloud
  13.6.2 On-Premises
 13.7 Historic and Forecasted Market Size By End Use Industry
  13.7.1 Retail & E-Commerce
  13.7.2 Banking
  13.7.3 Financial Services & Insurance (BFSI)
  13.7.4 IT & Telecom
  13.7.5 Travel & Tourism
  13.7.6 Others
 13.8 Historic and Forecast Market Size by Country
  13.8.1 Germany
  13.8.2 UK
  13.8.3 France
  13.8.4 Netherlands
  13.8.5 Italy
  13.8.6 Russia
  13.8.7 Spain
  13.8.8 Rest of Western Europe

Chapter 14: Asia Pacific Faster Payment Service (FPS) Market Analysis, Insights and Forecast, 2016-2030
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Mode of payment
  14.4.1 Single Immediate Payments
  14.4.2 Forward-Dated Payments
  14.4.3 Direct Corporate Access Payments
  14.4.4 Domestic P2P Payments
  14.4.5 P2M Payments
  14.4.6 B2B Payments
  14.4.7 Others
 14.5 Historic and Forecasted Market Size By Component
  14.5.1 Solutions
  14.5.2 Payment gateway
  14.5.3 Payment Processing
  14.5.4 Payment security
  14.5.5 Services
  14.5.6 Others
 14.6 Historic and Forecasted Market Size By Deployment
  14.6.1 Cloud
  14.6.2 On-Premises
 14.7 Historic and Forecasted Market Size By End Use Industry
  14.7.1 Retail & E-Commerce
  14.7.2 Banking
  14.7.3 Financial Services & Insurance (BFSI)
  14.7.4 IT & Telecom
  14.7.5 Travel & Tourism
  14.7.6 Others
 14.8 Historic and Forecast Market Size by Country
  14.8.1 China
  14.8.2 India
  14.8.3 Japan
  14.8.4 South Korea
  14.8.5 Malaysia
  14.8.6 Thailand
  14.8.7 Vietnam
  14.8.8 The Philippines
  14.8.9 Australia
  14.8.10 New Zealand
  14.8.11 Rest of APAC

Chapter 15: Middle East & Africa Faster Payment Service (FPS) Market Analysis, Insights and Forecast, 2016-2030
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Mode of payment
  15.4.1 Single Immediate Payments
  15.4.2 Forward-Dated Payments
  15.4.3 Direct Corporate Access Payments
  15.4.4 Domestic P2P Payments
  15.4.5 P2M Payments
  15.4.6 B2B Payments
  15.4.7 Others
 15.5 Historic and Forecasted Market Size By Component
  15.5.1 Solutions
  15.5.2 Payment gateway
  15.5.3 Payment Processing
  15.5.4 Payment security
  15.5.5 Services
  15.5.6 Others
 15.6 Historic and Forecasted Market Size By Deployment
  15.6.1 Cloud
  15.6.2 On-Premises
 15.7 Historic and Forecasted Market Size By End Use Industry
  15.7.1 Retail & E-Commerce
  15.7.2 Banking
  15.7.3 Financial Services & Insurance (BFSI)
  15.7.4 IT & Telecom
  15.7.5 Travel & Tourism
  15.7.6 Others
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Turkey
  15.8.2 Bahrain
  15.8.3 Kuwait
  15.8.4 Saudi Arabia
  15.8.5 Qatar
  15.8.6 UAE
  15.8.7 Israel
  15.8.8 South Africa

Chapter 16: South America Faster Payment Service (FPS) Market Analysis, Insights and Forecast, 2016-2030
 16.1 Key Market Trends, Growth Factors and Opportunities
 16.2 Impact of Covid-19
 16.3 Key Players
 16.4 Key Market Trends, Growth Factors and Opportunities
 16.4 Historic and Forecasted Market Size By Mode of payment
  16.4.1 Single Immediate Payments
  16.4.2 Forward-Dated Payments
  16.4.3 Direct Corporate Access Payments
  16.4.4 Domestic P2P Payments
  16.4.5 P2M Payments
  16.4.6 B2B Payments
  16.4.7 Others
 16.5 Historic and Forecasted Market Size By Component
  16.5.1 Solutions
  16.5.2 Payment gateway
  16.5.3 Payment Processing
  16.5.4 Payment security
  16.5.5 Services
  16.5.6 Others
 16.6 Historic and Forecasted Market Size By Deployment
  16.6.1 Cloud
  16.6.2 On-Premises
 16.7 Historic and Forecasted Market Size By End Use Industry
  16.7.1 Retail & E-Commerce
  16.7.2 Banking
  16.7.3 Financial Services & Insurance (BFSI)
  16.7.4 IT & Telecom
  16.7.5 Travel & Tourism
  16.7.6 Others
 16.8 Historic and Forecast Market Size by Country
  16.8.1 Brazil
  16.8.2 Argentina
  16.8.3 Rest of SA

Chapter 17 Investment Analysis

Chapter 18 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. FASTER PAYMENT SERVICE (FPS) MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. FASTER PAYMENT SERVICE (FPS) MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. FASTER PAYMENT SERVICE (FPS) MARKET COMPETITIVE RIVALRY
TABLE 005. FASTER PAYMENT SERVICE (FPS) MARKET THREAT OF NEW ENTRANTS
TABLE 006. FASTER PAYMENT SERVICE (FPS) MARKET THREAT OF SUBSTITUTES
TABLE 007. FASTER PAYMENT SERVICE (FPS) MARKET BY MODE OF PAYMENT
TABLE 008. SINGLE IMMEDIATE PAYMENTS MARKET OVERVIEW (2016-2030)
TABLE 009. FORWARD-DATED PAYMENTS MARKET OVERVIEW (2016-2030)
TABLE 010. DIRECT CORPORATE ACCESS PAYMENTS MARKET OVERVIEW (2016-2030)
TABLE 011. DOMESTIC P2P PAYMENTS MARKET OVERVIEW (2016-2030)
TABLE 012. P2M PAYMENTS MARKET OVERVIEW (2016-2030)
TABLE 013. B2B PAYMENTS MARKET OVERVIEW (2016-2030)
TABLE 014. OTHERS MARKET OVERVIEW (2016-2030)
TABLE 015. FASTER PAYMENT SERVICE (FPS) MARKET BY COMPONENT
TABLE 016. SOLUTIONS MARKET OVERVIEW (2016-2030)
TABLE 017. PAYMENT GATEWAY MARKET OVERVIEW (2016-2030)
TABLE 018. PAYMENT PROCESSING MARKET OVERVIEW (2016-2030)
TABLE 019. PAYMENT SECURITY MARKET OVERVIEW (2016-2030)
TABLE 020. SERVICES MARKET OVERVIEW (2016-2030)
TABLE 021. OTHERS MARKET OVERVIEW (2016-2030)
TABLE 022. FASTER PAYMENT SERVICE (FPS) MARKET BY DEPLOYMENT
TABLE 023. CLOUD MARKET OVERVIEW (2016-2030)
TABLE 024. ON-PREMISES MARKET OVERVIEW (2016-2030)
TABLE 025. FASTER PAYMENT SERVICE (FPS) MARKET BY END USE INDUSTRY
TABLE 026. RETAIL & E-COMMERCE MARKET OVERVIEW (2016-2030)
TABLE 027. BANKING MARKET OVERVIEW (2016-2030)
TABLE 028. FINANCIAL SERVICES & INSURANCE (BFSI) MARKET OVERVIEW (2016-2030)
TABLE 029. IT & TELECOM MARKET OVERVIEW (2016-2030)
TABLE 030. TRAVEL & TOURISM MARKET OVERVIEW (2016-2030)
TABLE 031. OTHERS MARKET OVERVIEW (2016-2030)
TABLE 032. NORTH AMERICA FASTER PAYMENT SERVICE (FPS) MARKET, BY MODE OF PAYMENT (2016-2030)
TABLE 033. NORTH AMERICA FASTER PAYMENT SERVICE (FPS) MARKET, BY COMPONENT (2016-2030)
TABLE 034. NORTH AMERICA FASTER PAYMENT SERVICE (FPS) MARKET, BY DEPLOYMENT (2016-2030)
TABLE 035. NORTH AMERICA FASTER PAYMENT SERVICE (FPS) MARKET, BY END USE INDUSTRY (2016-2030)
TABLE 036. N FASTER PAYMENT SERVICE (FPS) MARKET, BY COUNTRY (2016-2030)
TABLE 037. EASTERN EUROPE FASTER PAYMENT SERVICE (FPS) MARKET, BY MODE OF PAYMENT (2016-2030)
TABLE 038. EASTERN EUROPE FASTER PAYMENT SERVICE (FPS) MARKET, BY COMPONENT (2016-2030)
TABLE 039. EASTERN EUROPE FASTER PAYMENT SERVICE (FPS) MARKET, BY DEPLOYMENT (2016-2030)
TABLE 040. EASTERN EUROPE FASTER PAYMENT SERVICE (FPS) MARKET, BY END USE INDUSTRY (2016-2030)
TABLE 041. FASTER PAYMENT SERVICE (FPS) MARKET, BY COUNTRY (2016-2030)
TABLE 042. WESTERN EUROPE FASTER PAYMENT SERVICE (FPS) MARKET, BY MODE OF PAYMENT (2016-2030)
TABLE 043. WESTERN EUROPE FASTER PAYMENT SERVICE (FPS) MARKET, BY COMPONENT (2016-2030)
TABLE 044. WESTERN EUROPE FASTER PAYMENT SERVICE (FPS) MARKET, BY DEPLOYMENT (2016-2030)
TABLE 045. WESTERN EUROPE FASTER PAYMENT SERVICE (FPS) MARKET, BY END USE INDUSTRY (2016-2030)
TABLE 046. FASTER PAYMENT SERVICE (FPS) MARKET, BY COUNTRY (2016-2030)
TABLE 047. ASIA PACIFIC FASTER PAYMENT SERVICE (FPS) MARKET, BY MODE OF PAYMENT (2016-2030)
TABLE 048. ASIA PACIFIC FASTER PAYMENT SERVICE (FPS) MARKET, BY COMPONENT (2016-2030)
TABLE 049. ASIA PACIFIC FASTER PAYMENT SERVICE (FPS) MARKET, BY DEPLOYMENT (2016-2030)
TABLE 050. ASIA PACIFIC FASTER PAYMENT SERVICE (FPS) MARKET, BY END USE INDUSTRY (2016-2030)
TABLE 051. FASTER PAYMENT SERVICE (FPS) MARKET, BY COUNTRY (2016-2030)
TABLE 052. MIDDLE EAST & AFRICA FASTER PAYMENT SERVICE (FPS) MARKET, BY MODE OF PAYMENT (2016-2030)
TABLE 053. MIDDLE EAST & AFRICA FASTER PAYMENT SERVICE (FPS) MARKET, BY COMPONENT (2016-2030)
TABLE 054. MIDDLE EAST & AFRICA FASTER PAYMENT SERVICE (FPS) MARKET, BY DEPLOYMENT (2016-2030)
TABLE 055. MIDDLE EAST & AFRICA FASTER PAYMENT SERVICE (FPS) MARKET, BY END USE INDUSTRY (2016-2030)
TABLE 056. FASTER PAYMENT SERVICE (FPS) MARKET, BY COUNTRY (2016-2030)
TABLE 057. SOUTH AMERICA FASTER PAYMENT SERVICE (FPS) MARKET, BY MODE OF PAYMENT (2016-2030)
TABLE 058. SOUTH AMERICA FASTER PAYMENT SERVICE (FPS) MARKET, BY COMPONENT (2016-2030)
TABLE 059. SOUTH AMERICA FASTER PAYMENT SERVICE (FPS) MARKET, BY DEPLOYMENT (2016-2030)
TABLE 060. SOUTH AMERICA FASTER PAYMENT SERVICE (FPS) MARKET, BY END USE INDUSTRY (2016-2030)
TABLE 061. FASTER PAYMENT SERVICE (FPS) MARKET, BY COUNTRY (2016-2030)
TABLE 062. ACI WORLDWIDE (U.S.): SNAPSHOT
TABLE 063. ACI WORLDWIDE (U.S.): BUSINESS PERFORMANCE
TABLE 064. ACI WORLDWIDE (U.S.): PRODUCT PORTFOLIO
TABLE 065. ACI WORLDWIDE (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. FIS (U.S.): SNAPSHOT
TABLE 066. FIS (U.S.): BUSINESS PERFORMANCE
TABLE 067. FIS (U.S.): PRODUCT PORTFOLIO
TABLE 068. FIS (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. FISERV INC. (U.S.): SNAPSHOT
TABLE 069. FISERV INC. (U.S.): BUSINESS PERFORMANCE
TABLE 070. FISERV INC. (U.S.): PRODUCT PORTFOLIO
TABLE 071. FISERV INC. (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. WIRECARD (U.S.): SNAPSHOT
TABLE 072. WIRECARD (U.S.): BUSINESS PERFORMANCE
TABLE 073. WIRECARD (U.S.): PRODUCT PORTFOLIO
TABLE 074. WIRECARD (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. MASTERCARD (U.S.): SNAPSHOT
TABLE 075. MASTERCARD (U.S.): BUSINESS PERFORMANCE
TABLE 076. MASTERCARD (U.S.): PRODUCT PORTFOLIO
TABLE 077. MASTERCARD (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. TEMENOS HEADQUARTERS SA (U.S.): SNAPSHOT
TABLE 078. TEMENOS HEADQUARTERS SA (U.S.): BUSINESS PERFORMANCE
TABLE 079. TEMENOS HEADQUARTERS SA (U.S.): PRODUCT PORTFOLIO
TABLE 080. TEMENOS HEADQUARTERS SA (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. GLOBAL PAYMENTS INC. (U.S.): SNAPSHOT
TABLE 081. GLOBAL PAYMENTS INC. (U.S.): BUSINESS PERFORMANCE
TABLE 082. GLOBAL PAYMENTS INC. (U.S.): PRODUCT PORTFOLIO
TABLE 083. GLOBAL PAYMENTS INC. (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. CAPGEMINI (FRANCE): SNAPSHOT
TABLE 084. CAPGEMINI (FRANCE): BUSINESS PERFORMANCE
TABLE 085. CAPGEMINI (FRANCE): PRODUCT PORTFOLIO
TABLE 086. CAPGEMINI (FRANCE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. ICON SOLUTIONS LTD (U.K.): SNAPSHOT
TABLE 087. ICON SOLUTIONS LTD (U.K.): BUSINESS PERFORMANCE
TABLE 088. ICON SOLUTIONS LTD (U.K.): PRODUCT PORTFOLIO
TABLE 089. ICON SOLUTIONS LTD (U.K.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. M & A VENTURES: SNAPSHOT
TABLE 090. M & A VENTURES: BUSINESS PERFORMANCE
TABLE 091. M & A VENTURES: PRODUCT PORTFOLIO
TABLE 092. M & A VENTURES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 092. LLC (U.S.): SNAPSHOT
TABLE 093. LLC (U.S.): BUSINESS PERFORMANCE
TABLE 094. LLC (U.S.): PRODUCT PORTFOLIO
TABLE 095. LLC (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 095. PAYRIX. (AUSTRALIA): SNAPSHOT
TABLE 096. PAYRIX. (AUSTRALIA): BUSINESS PERFORMANCE
TABLE 097. PAYRIX. (AUSTRALIA): PRODUCT PORTFOLIO
TABLE 098. PAYRIX. (AUSTRALIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 098. NEXI PAYMENTS SPA (ITALY): SNAPSHOT
TABLE 099. NEXI PAYMENTS SPA (ITALY): BUSINESS PERFORMANCE
TABLE 100. NEXI PAYMENTS SPA (ITALY): PRODUCT PORTFOLIO
TABLE 101. NEXI PAYMENTS SPA (ITALY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101. OBOPAY (U.S.): SNAPSHOT
TABLE 102. OBOPAY (U.S.): BUSINESS PERFORMANCE
TABLE 103. OBOPAY (U.S.): PRODUCT PORTFOLIO
TABLE 104. OBOPAY (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104. RIPPLE (U.S.): SNAPSHOT
TABLE 105. RIPPLE (U.S.): BUSINESS PERFORMANCE
TABLE 106. RIPPLE (U.S.): PRODUCT PORTFOLIO
TABLE 107. RIPPLE (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 107. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 108. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 109. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 110. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY MODE OF PAYMENT
FIGURE 012. SINGLE IMMEDIATE PAYMENTS MARKET OVERVIEW (2016-2030)
FIGURE 013. FORWARD-DATED PAYMENTS MARKET OVERVIEW (2016-2030)
FIGURE 014. DIRECT CORPORATE ACCESS PAYMENTS MARKET OVERVIEW (2016-2030)
FIGURE 015. DOMESTIC P2P PAYMENTS MARKET OVERVIEW (2016-2030)
FIGURE 016. P2M PAYMENTS MARKET OVERVIEW (2016-2030)
FIGURE 017. B2B PAYMENTS MARKET OVERVIEW (2016-2030)
FIGURE 018. OTHERS MARKET OVERVIEW (2016-2030)
FIGURE 019. FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY COMPONENT
FIGURE 020. SOLUTIONS MARKET OVERVIEW (2016-2030)
FIGURE 021. PAYMENT GATEWAY MARKET OVERVIEW (2016-2030)
FIGURE 022. PAYMENT PROCESSING MARKET OVERVIEW (2016-2030)
FIGURE 023. PAYMENT SECURITY MARKET OVERVIEW (2016-2030)
FIGURE 024. SERVICES MARKET OVERVIEW (2016-2030)
FIGURE 025. OTHERS MARKET OVERVIEW (2016-2030)
FIGURE 026. FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY DEPLOYMENT
FIGURE 027. CLOUD MARKET OVERVIEW (2016-2030)
FIGURE 028. ON-PREMISES MARKET OVERVIEW (2016-2030)
FIGURE 029. FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY END USE INDUSTRY
FIGURE 030. RETAIL & E-COMMERCE MARKET OVERVIEW (2016-2030)
FIGURE 031. BANKING MARKET OVERVIEW (2016-2030)
FIGURE 032. FINANCIAL SERVICES & INSURANCE (BFSI) MARKET OVERVIEW (2016-2030)
FIGURE 033. IT & TELECOM MARKET OVERVIEW (2016-2030)
FIGURE 034. TRAVEL & TOURISM MARKET OVERVIEW (2016-2030)
FIGURE 035. OTHERS MARKET OVERVIEW (2016-2030)
FIGURE 036. NORTH AMERICA FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 037. EASTERN EUROPE FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 038. WESTERN EUROPE FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 039. ASIA PACIFIC FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 040. MIDDLE EAST & AFRICA FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 041. SOUTH AMERICA FASTER PAYMENT SERVICE (FPS) MARKET OVERVIEW BY COUNTRY (2016-2030)