07 August, 2016

2015 Third-party Payment Industry Report—Global and Chinese Market Scenario

A report titled “2015 Third-party Payment Industry Report—Global and Chinese Market Scenario” was recently added by Prof Research, that presents an in-depth market survey on global and Chinese third-party payment industry. It explains the basic information such as classification and applications of third-party payments, as well as the manufacturing technology involved in it. It examines the major drivers, opportunities, developments, restraints, and challenges faced in the industry. For the period of 2011–2016, the report analyzes the company profiles and statistics of various global and Chinese manufacturers in the market. It does this by gauging the main economic parameters of the industry in terms of product specification, production value, and market share.

An e-commerce business deal involving a buyer, a seller, and a third party is called a third-party transaction. These transactions allow money transfers and payments to be made through the internet. The fee charged by these businesses usually depends on the currencies in question, payment options that are utilized, the country involved, and the amount of money in the transaction. Some of the most popular methods of third-party payments are online payments, mobile payments, and phone payments. Sectors such as online shopping, e-commerce, online funds, telecom recharging, flight travel, and online gaming actively avail third-party payment options. China’s third-party payment market size contributes to nearly 25.72% of total transaction scale of third-party payment global market.

Companies like PayPal, AliPay, Braintree, Ant Financial Group, and WeChat Pay are some of the key processors in third-party payment industry. The 2015 Third-party Payment Industry Report gives an insight into various company profiles and explains how the market sees a fierce competition between the main players in this industry. There is huge growth and potential waiting to be tapped in the third-party payment industry, since there is an increase in the number of users for online payment options. Business and individuals are opting for online payment processing because it is easy, saves a lot of time, helps manage different accounts, and the different pricing policies available for customized options. The 2015 Third-party Payment Industry Report also covers the aspects of market cost & profit, supply & consumption, and import & export of third-party payment in the global and Chinese markets.

The research helps familiarize the interested parties with the global and Chinese economic impact on third-party payment industry. The 2015 Third-party Payment Industry Report analyzes the market dynamics and policies influencing the industry chain. The study estimates the market development trends for the period 2015–2020 and will provide proposals for new projects that will be feasible in the third-party payment processing industry. The entire report highlights the current market trends and growth rate, and the supporting statistics will benefit the interested business and users with the updated information.


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