Global Market Insights Inc.’s Post

𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐌𝐨𝐧𝐞𝐲 𝐓𝐫𝐚𝐧𝐬𝐟𝐞𝐫𝐬: 𝐓𝐡𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐏2𝐏 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 "Person to Person" (P2P) payments have transformed the way we transfer money, allowing users to send funds from their bank account or credit card to another person's account via the Internet. This innovative technology, modeled after the success of PayPal, relies on trusted third-party vendors to securely connect accounts and facilitate transactions. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: In 2023, the global P2P payment market was valued at $ 2327.5 million. By 2030, it is projected to soar to $ 4687.1 million, witnessing a robust CAGR of 10.3% from 2024 to 2030. 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐏2𝐏 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: PayPal, Tencent, Square, Circle, clearXchange, SnapCash, Dwolla, Wise, CurrencyFair, One97 Communications Limited. #P2PPayment #FinTech #MarketGrowth #DigitalPayments #InnovationInFinance #SecureTransactions #TechTrends 𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐭𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐯𝐢𝐬𝐢𝐭: https://lnkd.in/eBaHujCW

🚀 Big news in the fintech world! Senior Mizuho analyst Dan Dolev maintains an outperform rating for PayPal after Adyen, a top Dutch payments firm, partners to offer Fastlane—a game-changing checkout tool from PayPal. With a total addressable market potential of $3 trillion, this partnership signals Fastlane's strength, even among competitors. 💸 What do you think? Could this partnership redefine the payments landscape and boost PayPal's future growth? 🔮 #PayPal #FintechRevolution #DigitalPayments #Fintech #tech #technology #Finance

Here's a new report out of the Javelin Strategy & Research Digital Lending practice: A market scan by Javelin Strategy & Research found that few banks and credit unions are active in embedded lending, leaving fintechs such as Affirm, Afterpay, Apple, Klarna, and PayPal to dominate a market that Javelin has previously forecast will grow at a 19.5% compound annual growth rate through 2027. But a Consumer Financial Protection Bureau decision in May could rebalance the playing field, opening the door for traditional financial institutions to take a more aggressive stance, particularly in six specialized markets. https://lnkd.in/gUUjGBMh #lending #embeddedlending #banking

In an already competitive landscape of cross-boarder payment, HSBC launches ZING, challenging fintech like Wise, PayPal, Remitly and others. The space is getting interesting. At the end of the day, will the competition make end user cheaper to transfer money ? #crossborderpayments

"The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal protections as users of credit cards." That means the industry — currently dominated by fintech firms like Affirm, Klarna and PayPal — must make refunds for returned products or canceled services, must investigate merchant disputes and pause payments during those probes, and must provide bills with fee disclosures." You can read more in the links below but needless to say, the usual carry on about how unfair it is and credit cards are outdated pours out of the PR machines. In many respects, this is all redundant given the monoline BNPL's are all morphing into credit cards anyway. Here are some links 👇👇👇👇 https://lnkd.in/gWH5sRXh 👇👇👇👇 https://lnkd.in/gGkPQh2q 👇👇👇👇 https://lnkd.in/gichHXju #payments #bnpl #buynowpaylater

What do PayPal, Venmo, and Apple Wallet all have in common? Integrated #payments. 💳 Integrated payments are a silent and common participant to our daily lives. And when optimized, they can create lucrative opportunities for everyone in the payment ecosystem. 📈 We’re diving deep into the rise of integrated payments in our next blog. Stay posted for Wednesday! #Ecommerce #Paytech #Slyce360 #Fintech #Finance

In less than one minute, Timmy Nafso, EVP at Fortis, will tell you how X is revolutionizing payments. ⏱️ In late 2023, X announced it will begin rolling out a peer-to-peer payment service similar to Venmo or PayPal later this year. The push into payments could help X diversify its business and open more opportunities for commerce. Does this new payment feature fit what you're looking for? Click here to watch the full video and gain more insights: https://lnkd.in/gPYVTxiM #P2P #Fintech #DigitalFinance #MobilePayments #Business #PaymentNews

Another week went by, and plenty of fintech events took place to write a fintech post   💳 Un (precedented, believable, imaginable) shift in the payment world. Visa and Mastercard have settled with US merchants, lowering credit card interchange rates in a deal that could save the merchants $30B. The settlement in question is a 0.04 percentage points decrease from a 3% max interchange fees in the US for credit cards. Is it a big deal? Europe’s fintech ecosystem lives with a 0.30% interchange cap. In fact, it looks like a hit on fintech leveraging the Durbin amendment, which is a significant number of businesses in the US. The fee reduction for merchants can look good, but eventually, it’s all about consumer comfort. I believe the supply should pay for the demand’s needs, so further lowering the interchange and implying more surcharges can damage the credit card-amassed economy of the US. IMHO   🏹 Golden swipe. Robinhood issues a golden credit card (yes, it’s really made of gold) that offers benefits, including 5% interest on uninvested cash and a 3% match on IRA contributions. X1 acquisition plays out now. The product looks sweet for consumers, as 5% is a good saving rate, and 3% cashback looks very big. However, it looks strange at the same time, 3% cashback can be maintainable     #fintech #payments #cards #interchange  

The line chart below shows the quarterly revenue of payment processors from 2020 to 2023 PayPal is still leading with quite a huge revenue based on the brand's popularity over the years #paymentprocessors #payment #fintech #finfan

Let’s have a look at the Key Trends among publicly traded Payment Processors from the latest earnings season: Looking at full-year revenue, PayPal is inevitably in the lead, with almost double the FY 2023 revenue of Fiserv, the next largest player on this metric. Beyond this, however, there are some interesting developments. While on an extremely similar revenue line to Worldline and Worldpay, Square has pulled ahead for the last two years and is now moving closer to Global Payments, the third-largest player in terms of revenue. Adyen, meanwhile, is for the first time slightly ahead of Paysafe, while emerging markets-focused dLocal is closing the gap on both players. Read more interesting info in the complete FXC Intelligence source article by Lucy Ingham and Callum Tyndall: https://lnkd.in/ejTP9-hR Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] #payments #paytech #digitalpayments #paymentproviders #paymentindustry #fintech #fintechindustry #financialtechnology #fintechnews