Porter`s Competitive Forces Model and SWOT Analysis To Payments

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© 2020 by IJCTT Journal
Volume-68 Issue-10
Year of Publication : 2020
Authors : Deepak Tomar
DOI :  10.14445/22312803/IJCTT-V68I10P110

How to Cite?

Deepak Tomar, "Porter`s Competitive Forces Model and SWOT Analysis To Payments," International Journal of Computer Trends and Technology, vol. 68, no. 10, pp. 56-59, 2020. Crossref, 10.14445/22312803/IJCTT-V68I10P110

Abstract
This article aims to apply Porter`s forces model and the SWOT analysis to the Payment Industry and the Technology so that Organization can improve Technology infrastructure considering all five forces and improve strategy using SWOT models that provide strengths, weaknesses, opportunities, and threat. This paper focuses on different quadrants involved in the Payments and considers analyzing these stakeholders and factor these from Time to Time to improve and thrive in business. This analysis of the data we can collect from these models can drive major strategy shifts.

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Keywords
Porter Analysis, SWOT analysis, Payment Industry, Payment Processor, Buyer, Supplier, Cryptocurrency