India Real Time Payment Market is projected to witness robust growth by 2024, owing to increasing online payments and digital transactions in the country. Growing consumer preference of digital payments that are fast, secure and reliable as compared to other modes of payment are expected to drive the growth of the Real Time Payment market in India during the forecast period. Moreover, if value and volume in terms of transactions is calculated, the market will be huge. Instead of lining up at a bank or nearby payment offices, customers can make payments from anyplace sitting anywhere in the world, 24/7/365, which is likely to have a positive effect on the growth of market in coming years. Additionally, shift towards instant fund transfer and ease of reconciliation offered by banks for digital transaction is further anticipated to propel the growth of Real Time Payments in India. This is further backed by increasing number of smartphones and demand for such platform from merchants is anticipated to drive the growth of the market in the next five years. Moreover, with advancing mode of digital payment like Near-Field Communication (NFC Based Payments) & Wearables device-based payments coupled with support from FinTech companies will ensure robust growth of the market during the forecast period. Some of the leading players in the India Real Time Payment Market are ACI Worldwide, Capgemini India, NEC Technologies India Private Limited, The Clearing House Payments Company, Montran corporation (India) Ltd, among others. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=3208 For More Information Visit: https://www.techsciresearch.com/report/india-real-time-payment-market/3208.html

Global Real Time Payment market is expected to grow at a robust CAGR of around 30% during the forecast period. The global real time payment market is driven by the growing number of mobile phone users and increasing traction for instant payment transfers among population. Additionally, increasing cashless transactions, and increasing popularity of internet and mobile banking among the population is further projected to propel the growth of market during the next five years. The major players operating in the Real Time Payment market are ACI Worldwide, Inc., Mastercard Incorporated, Visa Inc., PayPal Holdings, Inc., Fiserv, Inc., Fidelity National Information Services, Inc. (FIS Inc.), Wirecard AG, Worldpay, Inc., Montran Corporation, Volante Technologies Inc. and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, In August 2018, ACI Worldwide partnered with SPAN Enterprises, a cloud-based software company, to boost payments and enhance the customer experience in the transportation industry by deploying ACI’s Official Payments, an IRS tax payment system. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=3145 For More Information Visit: https://www.techsciresearch.com/report/real-time-payment-market/3145.html