QR code payment

India's Real-Time Payment Transactions to Triple by 2027, Driving Asia-Pacific's Digital Payment Transformation

Retrieved on: 
Tuesday, November 7, 2023
Online, Digital, Purchasing, OEM, Online and offline, Quantity, B2C, Security, INR, Attitude, QR code payment, E-commerce, Digital wallet, QR code, Generation, Consumer, Digital goods, Online shopping, Satellite navigation device, Bank, Cryptocurrency, Mobile phone, Retail, Cardboard, Growth, USD, Checkout

Key Takeaways of Asia-Pacific Online Payment Methods, September 2023

Key Points: 
  • Key Takeaways of Asia-Pacific Online Payment Methods, September 2023
    Overview of the Online and Mobile Payment Trends, September 2023
    Preferred Online Payment Methods For B2C e-Commerce Purchases, in % of Adults, June 2022
    Value of Contactless Card Transactions, in USD trillion, 2022e & 2027f
    Value of Digital Wallet Transactions, in USD trillion, 2023e & 2028f
    Total Number of OEM Pay e-Commerce Transactions, in USD billion, Growth in Transactions, in %, & Average Transaction Volume Per OEM Pay User, in USD, 2026f
    Share of OEM Pay e-Commerce Transactions Stemming From Purchases of Digital Goods, in %, 2026f
    Top Reasons Why Respondents Are Likely to Abandon Checkout, in % of Adults, June 2022
    Most Accessible vs Most Preferred Online Payment Method, in % of Adults, June 2022
    Share of Consumers Agreeing With the Following Statements Related to Security of Online Payments, in %, April 2023
    Share of Consumers Agreeing With the Following Statements Related to Digital and Mobile Wallets, in %, April 2023
    Top Consumer Expectations at Checkout When Making Online Purchases, incl.
  • "Payment Methods", in % of Respondents, October 2022
    Preferred Payment Method When Shopping Online, in % of Respondents, October 2022
    Overview of the Online and Mobile Payment Trends, September 2023
    Share of Smartphone Payment Users, in % of Internet Users, February 2022 & February 2023
    Breakdown of Attitude Towards Future Use of Mobile Payments, in % of Internet Users, February 2023
    Breakdown of Smartphone Payment Service Use, by Number of Services Used, in % of Internet Users, January 2023
    Breakdown of Smartphone Payment Use, by Amount of QR Code Payment and Contactless Payment Services, in % of Internet Users, January 2023
    Top 5 QR Code Mobile Payment Services, in % of QR Code Mobile Payment Users, January 2023
    Top 5 Contactless Mobile Payment Services, in % of Contactless Mobile Payment Service Users, January 2023
    Share of Shoppers Using a Mobile Wallet For Last Physical Purchase, in %, Q3 2022
    Breakdown of Digital Wallet Use Frequency Among Adults, in %, May 2022
    Breakdown of B2C e-Commerce Payment Methods, in %, 2022
    Share of Population That Made a Digital Payment, in %, 2022
    Number of Real-Time Payment Transactions, in billions, 2022 & 2027f
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Share of Shoppers Using a Mobile Wallet For Last Physical Purchase, in %, Q3 2022
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Share of Adults That Made a Digital Payment, in %, 2022
    Share of Adults That Used a BNPL Service, in %, Q3 2022
    Share of Shoppers Using a Mobile Wallet For Latest Physical Purchase, in %, Q3 2022
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Number of Proximity Mobile Payment Users, in millions, 2022e-2026
    Proximity Mobile Payment User Growth, in % of Y-o-Y Change, 2022e-2026f
    Number of Online Payment Users, in millions, and Penetration, in % of Internet Users, June 2021 & June 2022
    Online Payment User Penetration, in % of Internet Users, June 2022
    Number of Real-Time Payment Transactions, in billions, 2022 & 2027f
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Breakdown of Digital Wallet Use Frequency Among Adults, in %, May 2022
    Mobile Wallet Ownership and Usage, in % of Adults, Q2 2022
    Share of Online Shoppers Who Prefer Payment Cards for Online Payments, in %, 2022
    Share of Online Shoppers Who Prefer to Use Cash for Online Payments, in %, 2022
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Breakdown of Most Preferred Online Payment Methods, in % of Internet Users, Q3 2022
    Number of Real-Time Payment Transactions, in billions, 2022 & 2027f
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Number of Real-Time Payment Transactions, in billions, 2022 & 2027f
    Number of Digital Payment Transactions, in billions, FY 2022-23 & FY 2026-27f
    Value of Digital Payment Transactions, in INR trillion, FY 2022-23 & FY 2026-27f
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Breakdown of Digital Wallet Use Frequency Among Adults, in %, May 2022
    Digital Payment Platform Use, by Digital Payment Platform Type, in % of Internet Users, H1 2022
    Digital Wallet and Mobile Banking Use, by Generation, in % of Respondents, H1 2022
    Number of Proximity Mobile Payment Users, in millions, 2022e-2026
    Proximity Mobile Payment User Growth, in % of Y-o-Y Change, 2022e-2026f
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Share of Online Payments Making Up Total Payment Transactions, in %, 2023e
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Number of Proximity Mobile Payment Users, in millions, 2022e-2026
    Proximity Mobile Payment User Growth, in % of Y-o-Y Change, 2022e-2026f
    Share of Adults That Made a Digital Payment, in %, 2022
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Share of Adults That Used a BNPL Service, in %, Q3 2022
    Number of Proximity Mobile Payment Users, in millions, 2022e-2026
    Proximity Mobile Payment User Growth, in % of Y-o-Y Change, 2022e-2026f
    Share of Adults Who Own a Mobile Wallet and Have Used It in the Past Year, in %, 2022
    Number of Proximity Mobile Payment Users, in millions, 2022e-2026
    Proximity Mobile Payment User Growth, in % of Y-o-Y Change, 2022e-2026f
    Breakdown of Online Payment Methods, in %, 2022e
    Number of Proximity Mobile Payment Users, in millions, 2022e-2026
    Proximity Mobile Payment User Growth, in % of Y-o-Y Change, 2022e-2026f

PayNet Banks On AI-Driven Network by Juniper Networks to Drive Expansion of Malaysia’s National Payments Infrastructure

Retrieved on: 
Tuesday, October 17, 2023
Telecommunications, Internet, Hardware, Electronic Design Automation, Artificial Intelligence, Technology, Mobile, Wireless, Security, Cloud, Partnership, ATM, NYSE, Television, IBG, Artificial Intelligence for IT Operations, Collaboration, QR code payment, MYR, Automation, JNPR, EVPN, Juniper Networks, System, FPX, Juniper, Ecosystem, Growth, Longevity, Internet of things, Highways Agency CCTV, Network, Mobile phone, Bank

Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that Payments Network Malaysia (PayNet) , Malaysia’s national payments network and shared central infrastructure for its financial markets, has selected Juniper’s campus solutions driven by Mist AI™ .

Key Points: 
  • Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that Payments Network Malaysia (PayNet) , Malaysia’s national payments network and shared central infrastructure for its financial markets, has selected Juniper’s campus solutions driven by Mist AI™ .
  • As Malaysia’s national provider of financial market utilities, PayNet processed MYR$1 trillion in consumer, business and financial market transactions in 2022 alone.
  • Furthermore, PayNet was able to integrate the buildings’ various IoT devices, such as CCTVs and smart TVs, into the new network.
  • As PayNet gears up for local and regional expansion, they look forward to achieving further integration with Juniper’s Mist AI solutions.

Alipay+ Partners With PayNet to Promote Seamless Payment for Inbound and Outbound Malaysian Travellers

Retrieved on: 
Tuesday, August 29, 2023
Banking, Technology, Electronic Commerce, Professional Services, Digital Cash Management, Digital Assets, Other Travel, Digital Marketing, Payments, Travel, Apps, Applications, Marketing, Other Technology, Communications, Retail, Finance, Online Retail, Fintech, Alipay, Partnership, Tourism, KakaoPay, TrueMoney, QR code payment, Multimedia, QR, MOU, Ant Group, GCash, Growth, System, Merchant services, Cryptocurrency, Online shopping, ASEAN

The partnership will enable all Malaysian e-wallets supported by PayNet to be accepted by Alipay+ merchants network globally in 2024.

Key Points: 
  • The partnership will enable all Malaysian e-wallets supported by PayNet to be accepted by Alipay+ merchants network globally in 2024.
  • Beyond payments, Ant Group and PayNet will also collaborate on joint digital marketing efforts to enhance visibility of businesses directly within the users’ e-wallets.
  • Dr Cherry Huang, General Manager of Alipay+ Offline Merchant Services, Ant Group, said: “Alipay+’s collaboration with PayNet is a significant development for regional travellers.
  • As for PayNet, this would be yet another successful cross-border collaboration after Thailand, Indonesia, and Singapore.

Cryptocurrencies are already accepted in more than a thousand establishments in Brazil

Retrieved on: 
Tuesday, July 4, 2023
Central bank, Mobile, Central Bank of Myanmar, Blockchain, QR code, Stock exchange, Stock Exchange of Mauritius, Multimedia, Investment, QR code payment, BDM, CAMPO, Cryptocurrency

CAMPO GRANDE, Brazil, July 4, 2023 /PRNewswire/ -- Although the main use of cryptocurrencies in Brazil is for investments (according to the Central Bank), the use of digital assets as a means of payment has grown in the country in recent months. Data from a recent survey show that around 25% of Brazilians are willing to use cryptocurrencies to make payments at commercial establishments. In Brazil, more than a thousand companies already accept digital currencies as a payment method, according to the CoinMap platform. Globally, that number jumps to almost 30,000 commercial establishments.

Key Points: 
  • Data from a recent survey show that around 25% of Brazilians are willing to use cryptocurrencies to make payments at commercial establishments.
  • In Brazil, more than a thousand companies already accept digital currencies as a payment method, according to the CoinMap platform.
  • An example of this is BDM Digital, a blockchain-based payment method that offers an alternative payment method to traditional credit and debit cards.
  • And he points out: People are starting to look at cryptocurrencies as a substitute for official money and notes printed on paper.

Asia-Pacific Real-Time Payment Market Report 2023: Real-Time Payments Gradually Gaining Popularity as a Preferred Payment Method - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 11, 2023
Technology, Retail, Online Retail, Payments, Fintech, BNPL, QR code payment, NPP, UPI, QR, LankaClear, Growth, New Payments Platform, Online shopping, Cryptocurrency, Zengin

Thus, the shift of buyers away from the conventional methods of payment led to the growth of digitalized ways of payment such as real-time payments, BNPL, and one-click payments.

Key Points: 
  • Thus, the shift of buyers away from the conventional methods of payment led to the growth of digitalized ways of payment such as real-time payments, BNPL, and one-click payments.
  • Real-time payments are not a completely new concept and came into existence with the launch of Zengin, the real-time payment system in Japan.
  • The successful launch of the Japanese real-time payment method prompted countries such as India, Singapore, Thailand, Australia, among others to implement their own instant payment systems.
  • As real-time payment is picking up pace in Asia-Pacific, nations such as Sri Lanka, Malaysia, and Philippines have advanced in the development of their own real-time payment systems
    With the growth of real-time payments as a preferred payment method, Malaysia, Sri Lanka, and Philippines also made their presence felt in the real-time payment ecosystem.

Asia-Pacific Real-Time Payment Market Report 2023: Featuring Dana, DuitNow, JustPay, LankaQR, LinkAja, Ottocash, PayNet, PayNow, PayTo & ShopeePay

Retrieved on: 
Tuesday, April 11, 2023
Fintech, BNPL, QR code payment, NPP, UPI, QR, LankaClear, Growth, New Payments Platform, Online shopping, Cryptocurrency, Zengin

DUBLIN, April 11, 2023 /PRNewswire/ -- The "Asia-Pacific Real-Time Payment Market 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, April 11, 2023 /PRNewswire/ -- The "Asia-Pacific Real-Time Payment Market 2023" report has been added to ResearchAndMarkets.com's offering.
  • Real-time payments are not a completely new concept and came into existence with the launch of Zengin, the real-time payment system in Japan.
  • The successful launch of the Japanese real-time payment method prompted countries such as India, Singapore, Thailand, Australia, among others to implement their own instant payment systems.
  • While UPI in India is the front-runner in terms of adoption and usage of real-time payment systems, other countries in Asia-Pacific are also catching up.

UK Mobile Payment Market Report 2022: Favorable Government Initiatives for Digitalised Payments Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, September 19, 2022
Data Management, Banking, Technology, Professional Services, Payments, Telecommunications, Software, Internet, Fintech, Mobile, Wireless, Finance, Transfer, Transport, Observation, Consumer electronics, Porter's five forces analysis, Merchandising, Sales (accounting), Risk, Mobile payment, QR code payment, COVID-19, E-commerce, Digital wallet, NFC, Growth, Ansoff Matrix, New Zealand Media and Entertainment, Market development, Travel, USD, Investment, Adoption, BFSI, Electronics, International Money Transfers System Leader, Payment, Health care, SWOT, Near-field communication, Medicine, CAGR, Online shopping, Mobile phone, Retail, Risk management, Industry, Automotive industry, Others

The UK's Mobile Payment Market is segmented based on Pay Option, Purchase Type, Payment Type, and Industry.

Key Points: 
  • The UK's Mobile Payment Market is segmented based on Pay Option, Purchase Type, Payment Type, and Industry.
  • Payment Type, the market is classified into Proximity Payment, Near Field Communication (NFC), QR Code Payment, Remote Payment, Internet Payment, Direct Operator Billing, Digital Wallet, and SMS Payment.
  • The report presents a detailed Ansoff matrix analysis for the UK's Mobile Payment Market.
  • The analyst analyses UK's Mobile Payment Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Japan Mobile Payment Market Report 2022-2027: Increasing Penetration of Internet and Smartphones and Rising E-Commerce Sector Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 1, 2022
Payments, Professional Services, Mobile, Wireless, Technology, Fintech, Transfer, Health care, International Money Transfers System Leader, Market development, Observation, Payment, NFC, Porter's five forces analysis, Travel, Adoption, Medicine, USD, QR code payment, New Zealand Media and Entertainment, BFSI, Consumer electronics, Ansoff Matrix, Investment, Mobile payment, Transport, Near-field communication, E-commerce, SWOT, CAGR, Electronics, Digital wallet, Risk, COVID-19, Sales (accounting), Growth, Merchandising, Online shopping, Mobile phone, Retail, Risk management, Industry, Automotive industry, Others

Japan's Mobile Payment Market is segmented based on Pay Option, Purchase Type, Payment Type, and Industry.

Key Points: 
  • Japan's Mobile Payment Market is segmented based on Pay Option, Purchase Type, Payment Type, and Industry.
  • Payment Type, the market is classified into Proximity Payment, Near Field Communication (NFC), QR Code Payment, Remote Payment, Internet Payment, Direct Operator Billing, Digital Wallet, and SMS Payment.
  • The report presents a detailed Ansoff matrix analysis for Japan's Mobile Payment Market.
  • The analyst analyses Japan's Mobile Payment Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

India Mobile Payment Market Report 2022-2027: Increase in Adoption of Automated Payment Options Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 31, 2022
COVID-19, Technology, Payments, Banking, Electronic Commerce, Telecommunications, Professional Services, Health, Retail, Online Retail, Transfer, Health care, International Money Transfers System Leader, Sales (accounting), Market development, Observation, Payment, NFC, Porter's five forces analysis, PayU, Bank of America, Travel, Vodafone, Adoption, Medicine, USD, QR code payment, New Zealand Media and Entertainment, BFSI, Consumer electronics, Ansoff Matrix, Amazon (company), Investment, Mobile payment, Transport, Nidec-Shimpo America Corporation, Near-field communication, E-commerce, SWOT, CAGR, Electronics, Digital wallet, Risk, COVID-19, Bank, Growth, Merchandising, JPMorgan Chase, Online shopping, Mobile phone, Retail, M-Pesa, Industry, Automotive industry, Others

India's Mobile Payment Market is segmented based on Pay Option, Purchase Type, Payment Type, and Industry.

Key Points: 
  • India's Mobile Payment Market is segmented based on Pay Option, Purchase Type, Payment Type, and Industry.
  • Payment Type, the market is classified into Proximity Payment, Near Field Communication (NFC), QR Code Payment, Remote Payment, Internet Payment, Direct Operator Billing, Digital Wallet, and SMS Payment.
  • The report presents a detailed Ansoff matrix analysis for India's Mobile Payment Market.
  • Increase in Adoption of Automated Payment Options - Direct Carrier Billing, Mobile Point of Sale (mPOS), Mobile Wallets, etc.

Decentral Life Launches New QR Code Application for Cryptocurrency Payment Solutions

Retrieved on: 
Friday, May 20, 2022
Software, Company, Private Securities Litigation Reform Act, Camping, QuickBooks, U.S. Securities and Exchange Commission, Payment, Golf, OTC, NetSuite, Association, Review, Code, New, Technology Business Incubator TBI-NITC, Technology Business Incubator, Industry, Blockchain, Forward-looking statement, Initial coin offering, Program, Donald Duck filmography, WDLF, Travel, Risk, QR code, NFT, News, QR code payment, Digital wallet, TBI, Social Life, CA, CEO, GLOBE, Cryptocurrency, Audit

I believe the QR Code add-on to be a critical feature for mobile customers paying retailers face-to-face, at trade shows, expos, and conferences.

Key Points: 
  • I believe the QR Code add-on to be a critical feature for mobile customers paying retailers face-to-face, at trade shows, expos, and conferences.
  • In a News Release on May 13th by HuntPost, one of Social Life Networks TBI Companies, the New QR Code add-on has officially launched to support retail mcommerce in the outdoor industry, through the HuntPost.com Digital Wallet and Payment Platform.
  • Decentral Life now provides as a service, tokenization and supporting software for public and private companies to conduct their own token offerings.
  • Now operating as Decentral Life, the TBI program will focus on blockchain, NFT and cryptocurrency companies to participate in its technology incubator program in 2022 and beyond.