The e-commerce
industry is constantly evolving. Nowadays, customers can benefit from diverse payment solutions.
This growth is being driven by a significant consumer adoption on a global
level. As such, financial firms are
waging a war of dominance. They are all positioning themselves to provide the most
convenient service in this rapidly growing industry. New technologies have led
to the emergence of various competitors. For instance, fintech
startups are implementing remittance methods that offer cheaper transaction
fees, faster settlements and enhanced security.
The
fintech industry is very competitive
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