International Journal of Computer
Trends and Technology

Research Article | Open Access | Download PDF

Volume 68 | Issue 10 | Year 2020 | Article Id. IJCTT-V68I10P110 | DOI : https://doi.org/10.14445/22312803/IJCTT-V68I10P110

Porter`s Competitive Forces Model and SWOT Analysis To Payments

Deepak Tomar

Received Revised Accepted
16 Sep 2020 24 Oct 2020 26 Oct 2020

Citation :

Deepak Tomar, "Porter`s Competitive Forces Model and SWOT Analysis To Payments," International Journal of Computer Trends and Technology (IJCTT), vol. 68, no. 10, pp. 56-59, 2020. Crossref, https://doi.org/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.

Keywords

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

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