NEW YORK, Nov. 4, 2015 /PRNewswire/ -- Global Emerging Payment Means: A Worldwide Review is a report and interactive profile viewer about the rapid and on-going evolution of consumer payments occurring at a global level. The study is based on data gathered about 120 of the most significant emerging payment means worldwide, over a half of which have been launched since the beginning of 2012.
Finaccord has developed this study as a result of the rapid growth that has occurred in both the number of available emerging payments means and their key business metrics in recent years. As a result of rising internet and mobile usage around the world, the global volumes of both online and mobile payments have increased strongly with respective compound annual rates of growth of 15.9% and 61.0% estimated for the period from 2011 to 2015. Companies such as Alibaba, American Express, MasterCard, PayPal, Rakuten, Visa and Vodafone have benefited from these trends and there are now numerous other providers of emerging payment means around the world that are seeking to develop in their wake.
But what are these emerging payment means, who owns them, what do they offer, where do they operate and how sizeable / fast-growing do they appear to be? Moreover, what are the implications for organisations such as banks, mobile network operators, retailers and payment-related technology firms that can partner with such providers or develop their own payment means, and can insurance or assistance firms hope to distribute their products through this channel?
This report seeks to answer all of these questions by means of comprehensive research covering 120 of the most innovative providers of emerging means worldwide carried out between April and September 2015.
Key features of this research include:
- coverage of 120 of the world's most significant emerging payment means including 20 that are active across multiple regions, nine that operate across multiple countries in a single region and the remaining 91 that are present in a single country;
- presentation of relevant background data including worldwide trends in financial inclusion, internet penetration, mobile penetration and growth in online and mobile payments generally;
- discussion of implications for organisations such as banks, mobile network operators, retailers and payment-related technology firms that can partner with providers of emerging means or develop their own payment services, and analysis of whether there is an opportunity for insurance and assistance firms to distribute their products through this rapidly-growing channel;
- provision of an accompanying interactive profile viewer in Excel format that allows users to view a summary of the service offered by each emerging payment means plus its website URL, identity of ultimate holding company, year launched, country of origin, countries in which active and key business metrics (where available / disclosed).
Read the full report: http://www.reportlinker.com/p03363044-summary/view-report.html
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