Cashless payments will nearly double by 2025

 

The introduction of new technologies such as direct operator billing has led to the emergence and popularity of cashless payments. Moreover, the coronavirus pandemic has further accelerated the adoption of these digital settlement services. In fact, the whole financial industry is being transformed. According to studies, these payment volumes across the globe are expected to almost double by 2025. They are going to reach 1.9-trillion transactions a year. Moreover, by 2030, the number of these financial operations per capita will be triple the current level.

The financial industry is changing © Royalty-free image