Cards & Payments Segment Expected To Boom In The Lending and Payments Market, Says TBRCÂ’s Report

(MoneyNewsWire.Net, September 03, 2018 ) The lending and payments market comprises all establishments engaged in lending and payments related activities such as lending, payments and transferring service. The lending and payments industry is categorized on the basis of the business model of the firms present in the industry.

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The lending and payments market has shown high growth in the past years with a CAGR of about 6%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the lending and payments market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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The cards & payments segment had the second highest CAGR of 2.2% during 2013-2017; this segment is expected to grow at a CAGR of 6.8% during 2017-2021. Strong forecasted growth for cards & payments can be attributed to increasing initiatives by developing countries such as India to promote digitalization of payments.

TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

Companies included in the report are Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, JP Morgan and Wells Fargo.

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