Digital Payment Services in India to 2020
The digital payment gateway services industry can broadly be segmented into two categories: payment gateway and mobile wallet
Urbanisation, high penetration of smart phones leading greater accessibility and convenience are among the factors fuelling the growth of digital payment gateway services in India
With the rise of e-tailing and greater adoption of online recharge, this industry has witnessed revenue multiplying within a short span of time and is expected to witness an upward trend going forward as well
Innovation (such as improved user payment experience, integrated service offerings etc.) are expected to further increase the acceptability and penetration of digital payment services among Indian consumers
The competition in this segment is expected to further intensify with the increase in number of players from different domains, such as banking, telecom, e-tailing firms etc.
At this interesting juncture, ‘Digital Payment Services in India to 2020’ report offers a comprehensive guide to the size and structure of the market. This report allows you to identify the factors driving growth, competitive landscape prevailing in the industry and also analyse potential business opportunities. Essentially, this crisp report offers strategic analysis of key factors influencing the market and forecasts till 2020 to illustrate how the market is expected to change.
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