Companies Covered 3D Secure Pay Authentication Market Process Are Visa Inc. (California, U.S.), Mastercard Incorporated (New York, U.S.), The American Express Company (New York, U.S.), Broadcom Inc. (California, U.S.), Modirum (Tallinn, Estonia), SIA S.p.A. (Milan, Italy), Fiserv, Inc. (Wisconsin, U.S.), Cardknox Development, Inc. (New Jersey, U.S.), Marqeta, Inc. (California, U.S.), ENTERSEKT (Stellenbosch, South Africa), Discover Financial Services (Illinois, U.S.)
Pune, India, Jan. 28, 2022 (GLOBE NEWSWIRE) — The global 3D secure pay authentication market size was USD 601.3 million in 2020. The market is projected to grow from USD 667.1 million in 2021 to USD 1,539.0 million in 2028 at a CAGR of 12.7% in the 2021-2028 period.
This information is provided by Fortune Business Insights, in its report, titled, “3D Secure Pay Authentication Market, 2021-2028.”
As per the research conducted by our expert analysts, the amount of online payment scams in the e-commerce industry are rising along with the surging online sales. Moreover, in order to aid e-commerce companies and merchants to fortify their assets from online scam rackets, vital players are unveiling 3-D Secure (3DS) online payment solutions.
Request To Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/3d-secure-pay-authentication-market-106283
COVID-19 Impacts:
Growth in Amount of Payment Scams amid COVID-19 Resulted in Sudden Market Progress
The COVID-19 pandemic disturbed each factor of the 3D secure pay authentication industry and led to high scams registrations by consumers. Furthermore, according to the Federal Trade Commission (FTC), customers in the U.S. lost USD 246.0 million in 2020 owing to online shopping scams. In order to alleviate such deceits, all online payment services firms functioning in Europe were compelled to integrate 3DS2 into their registers by the end of the year 2020.
To get to know more about the short-term and long-term impact of COVID-19 on this market,
Please Visit:https://www.fortunebusinessinsights.com/3d-secure-pay-authentication-market-106283
Report Coverage:
We have performed an exclusive research that contains information grounded on the famous bottom-up and top-down approach. Our analysts have conducted precise basic research as well as secondary research to validate the approximate size of the 3D secure pay authentication market. The data applied to portray shares for multiple segments at the national, domestic, and international levels is extracted from wide-ranging interviews with numerous professionals. Our analysts have also mined information from sponsored catalogues, industry newsletters, SEC filings, and several similar modes.
Segmentation:
Based on type, the market is classified into access control server, merchant plug-in, and others. Merchant plug-in (MPI) captures maximum market share.
On the…
Read More: 3D Secure Pay Authentication Market to Register CAGR of 12.7% during