Asia-Pacific digital payment market is projected to register a CAGR of 20.2% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.


Market Segmentation

Asia-Pacific Digital Payment Market, By Offering (Solutions and Services), Deployment Model (Cloud and On Premises), Organization Size (Large Enterprises and Small & Medium Enterprises (SMEs)), Mode of Payment (Payment Cards, Point of Sale, Unified Payments Interface (UPI) Service, Mobile Payment, and Online Payment), Mode of Usage (Mobile Application and Desktop/Web Browser), Technology (Application Programming Interface (API), Data Analytics and ML, Digital Ledger Technology (DLT), AI and IoT and Biometric Authentication), Use Case (Person (P/C), Merchant/ Business, and Government), End User (Commercial and Consumer), Country (China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2027

Some of the major factors contributing to the growth of the Asia-Pacific digital payment market are:

• Increasing trends of digital banking

• Features of loans on the go without delay


Market Players

The key market players for Asia-Pacific digital payment market are listed below:

• ACI Worldwide, Inc.
• PayPal Holdings, Inc.
• Novatti Group Pty Ltd
• Global Payments Inc.
• Visa
• Stripe
• Google (A Subsidiary of Alphabet Inc.)
• Finastra
• SAMSUNG
• Amazon Web Services, Inc. (a subsidiary of Amazon.com, Inc.)
• Financial Software & Systems Pvt. Ltd.
• Aurus Inc.
• Adyen
• Apple Inc.
• Fiserv, Inc.
• FIS
• WEX Inc.
• Wirecard
• Mastercard