The option of person to person (P2P) payment authorizes any person to transfer money to any other person, without the need of having to provide the information of account all that is needed is the email address or the mobile phone number of the person to which the money is to be transferred. The P2P apps are directly linked to the person’s deposit account.
Person-to-Person Payment Market is segmented based on Application into Retail payments, Travels & hospitality payments, Transportation & logistics payments, Energy & utilities payments & Other Person-to-Person Payment; based on Type of Purchase into Airtime transfer & top-ups, Money transfers & payments & Merchandise & coupons and based on Transaction Mode into NFC/Smartcards, Mobile Apps & Websites & SMS.
The Person-to-Person Payment Market is flourishing due to convenience of immediate & safe transfer of money, rising penetration & utilization of internet & related devices like smartphones & tablets across the globe, technological development in banking, e-commerce sector related to safety & reliability of money related transactions, etc.
Key players of the market are: PAYPAL PTE. LTD, SQUARE, INC., TENCENT, CIRCLE INTERNET FINANCIAL LIMITED, SNAPCASH, clearXchange, DWOLLA, INC., TransferWise Ltd., One97 Communications Ltd. and CurrencyFair LTD.
This research study involves broad usage of both secondary and primary data sources. The research process involves the identification of numerous factors which affect the industry, comprising the market environment, government policy, historical data, present trends in the market, competitive landscape, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.
Market Estimation
Top-down and bottom-up approaches are used for validating the market size for companies, regional segments along with relevant market segmentations such as product type and application.
This report includes market estimations which are based on the marketed sale price of a product. Further breakdown of product segments, particular market share are formed based on the weightage assigned to every segment, which is derived of their usage rate and average price. The entire probable factors which effect the markets and influence them in a great way are included in this research report; and have been accounted for, studied in-depth and are confirmed through primary research. These are then studies to get the final qualitative and quantitative data. Any of the factors such as the outcome of inflation, economic downfall, and any kind of policy and regulatory alterations and/or other such factors are not accounted for in the market forecast. All of this data is amalgamated and included with thorough inputs and analysis from Gravitas Market Insights is curated in this report.
Along with the previously mentioned approaches, various data triangulation methods, in order to conduct market estimations and market forecasting for the complete market segments are detailed in this report. Key Companies present in the said market are also acknowledged via in-depth secondary research and primary research.
Section 1: Executive Summary
1.1. Person-to-Person Payment Market Industry 360° outline, Year 2016 – 2028
1.2. Business Model Trends
1.3. Growth Trends
1.4. End-User/Type of Purchase Trends
1.5. Regional Trends
Section 2: Market Dynamics - Person-to-Person Payment Market Industry Insights
2.1. Growth Drivers
2.2. Opportunities
2.3. Industry challenges
2.4. SWOT Analysis
2.5. Porter’s Analysis
2.6. Worldwide Industry Landscape, Year 2016 – 2028
2.7. Industry Segmentation
2.8. Technology & Invention landscape
2.9. Regional Landscape
2.9.1. North America
2.9.2. Europe
2.9.3. Asia-Pacific
2.9.4. South America
2.9.5. Middle East & Africa
2.10. Competitive Environment
Section 3: Global Person-to-Person Payment Market, By Application
3.1. Segmentation Analysis, By Application, 2016-2028
3.2. Market Share Segmentation Analysis, By Application, 2016-2028
3.3. Retail payments
3.3.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
3.4. Travels & hospitality payments
3.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
3.5. Transportation & logistics payments
3.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
3.6. Energy & utilities payments
3.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
3.7. Other Person-to-Person Payment
3.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
Section 4: Global Person-to-Person Payment Market, By Type of Purchase
4.1. Segmentation Analysis, By Type of Purchase, 2016-2028
4.2. Market Share Segmentation Analysis, By Type of Purchase, 2016-2028
4.3. Airtime transfer & top-ups
4.3.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
4.4. Money transfers & payments
4.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
4.5. Merchandise & coupons
4.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
Section 5: Global Person-to-Person Payment Market, By Transaction Mode
5.1. Segmentation Analysis, By Transaction Mode, 2016-2028
5.2. Market Share Segmentation Analysis, By Transaction Mode, 2016-2028
5.3. NFC/Smartcards
5.3.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
5.4. Mobile Apps & Websites
5.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
5.5. SMS
5.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
Section 6: Global Person-to-Person Payment Market, Regional Analysis
6.1. Global Person-to-Person Payment Market, Regional Analysis
6.2. North America, Country level Analysis
6.2.1. North America Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Application, 2016 – 2028
6.2.2. North America Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Type of Purchase, 2016 – 2028
6.2.3. North America Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Transaction Mode, 2016 – 2028
6.2.4. United States
6.2.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.2.5. Canada
6.2.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.2.6. Mexico
6.2.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.3. Europe Country level Analysis
6.3.1. Europe Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Application, 2016 – 2028
6.3.2. Europe Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Type of Purchase, 2016 – 2028
6.3.3. Europe Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Transaction Mode, 2016 – 2028
6.3.4. UK
6.3.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.3.5. Germany
6.3.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.3.6. France
6.3.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.3.7. Italy
6.3.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.3.8. Spain
6.3.8.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.3.9. Russia
6.3.9.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.3.10. Rest of Europe
6.3.10.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.4. Asia-Pacific Country level Analysis
6.4.1. Asia-Pacific Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Application, 2016 – 2028
6.4.2. Asia-Pacific Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Type of Purchase, 2016 – 2028
6.4.3. Asia-Pacific Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Transaction Mode, 2016 – 2028
6.4.4. China
6.4.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.4.5. India
6.4.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.4.6. Japan
6.4.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.4.7. Korea
6.4.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.4.8. Australia
6.4.8.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.4.9. Southeast Asia
6.4.9.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.4.10. Rest of Asia-Pacific
6.4.10.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.5. South America Country level Analysis
6.5.1. South America Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Application, 2016 – 2028
6.5.2. South America Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Type of Purchase, 2016 – 2028
6.5.3. South America Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Transaction Mode, 2016 – 2028
6.5.4. Brazil
6.5.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.5.5. Argentina
6.5.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.5.6. Colombia
6.5.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.5.7. Rest of South America
6.5.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.6. Middle East & Africa Country level Analysis
6.6.1. MEA Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Application, 2016 – 2028
6.6.2. MEA Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Type of Purchase, 2016 – 2028
6.6.3. MEA Person-to-Person Payment Market estimates and forecast with Growth rate analysis, By Transaction Mode, 2016 – 2028
6.6.4. GCC
6.6.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.6.5. South Africa
6.6.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.6.6. Rest of Middle East & Africa
6.6.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
Section 7: Company Profile - Person-to-Person Payment Market
7.1. PAYPAL PTE. LTD
7.1.1. Business Overview
7.1.2. Product & Service Offering
7.1.3. Overall Revenue
7.1.4. Strategic Outlook
7.2. SQUARE, INC.
7.2.1. Business Overview
7.2.2. Product & Service Offering
7.2.3. Overall Revenue
7.2.4. Strategic Outlook
7.3. TENCENT
7.3.1. Business Overview
7.3.2. Product & Service Offering
7.3.3. Overall Revenue
7.3.4. Strategic Outlook
7.4. CIRCLE INTERNET FINANCIAL LIMITED
7.4.1. Business Overview
7.4.2. Product & Service Offering
7.4.3. Overall Revenue
7.4.4. Strategic Outlook
7.5. SNAPCASH
7.5.1. Business Overview
7.5.2. Product & Service Offering
7.5.3. Overall Revenue
7.5.4. Strategic Outlook
7.6. clearXchange
7.6.1. Business Overview
7.6.2. Product & Service Offering
7.6.3. Overall Revenue
7.6.4. Strategic Outlook
7.7. DWOLLA, INC.
7.7.1. Business Overview
7.7.2. Product & Service Offering
7.7.3. Overall Revenue
7.7.4. Strategic Outlook
7.8. TransferWise Ltd.
7.8.1. Business Overview
7.8.2. Product & Service Offering
7.8.3. Overall Revenue
7.8.4. Strategic Outlook
7.9. One97 Communications Ltd.
7.9.1. Business Overview
7.9.2. Product & Service Offering
7.9.3. Overall Revenue
7.9.4. Strategic Outlook
7.10. CurrencyFair LTD.
7.10.1. Business Overview
7.10.2. Product & Service Offering
7.10.3. Overall Revenue
7.10.4. Strategic Outlook
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*Market size and forecast will be provided from 2016-2028, and forecast period would be 2021-2028
*Details on financial performance and strategic moves and developments may not be captured for unlisted companies
*List of companies profiled in this TOC is tentative and may change after detailed analysis
