Europe digital payment market is projected to register a CAGR of 18.2% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.

Market Segmentation:

Europe Digital Payment Market, By Offering (Solutions and Services), Deployment Model (Cloud, On Premise), Organization Size {Large Enterprises, and Small & Medium Enterprises (SMEs)}, Mode of Payment (Payment Cards, Point of Sale, Unified Payments Interface (UPI) Service, Mobile Payment, and Online Payment), Mode of Usage (Mobile Application, and Desktop/Web Browser), Technology (Application Programming Interface (API), Data Analytics and ML, Digital Ledger Technology (DLT), AI and IoT, and Biometric Authentication), Use Case (Person (P/C), Merchant/ Business, and Government), End User (Commercial, and Consumer), Country (Germany, France, U.K., Switzerland, Italy, Russia, Spain, Netherlands, Belgium, Turkey and Rest of Europe) Industry Trends and Forecast to 2027

Some of the major factors contributing to the growth of the Europe digital payment market are:

• Growing need for automation in financial sector
• Increasing number of loan drawers
Market Players
The key market players for Europe digital payment market are listed below:
• ACI Worldwide, Inc.
• PayPal Holdings, Inc.
• Novatti Group Pty Ltd
• Global Payments Inc.
• Visa
• Stripe
• Google (A Subsidiary of Alphabet Inc.)
• Finastra
• SAMSUNG
• Amazon Web Services, Inc. (a subsidiary of Amazon.com, Inc.)
• Financial Software & Systems Pvt. Ltd.
• Sage Pay Europe Limited
• Adyen
• Apple Inc.
• Fiserv, Inc.
• FIS
• WEX Inc.
• Wirecard
• Mastercard