The world of finance has been transformed by digitalisation and this will be the
way forward. Indeed, computerised payment
gateways are trending right now and this market is expected to expand at a
compound annual growth rate of 13.7 percent between 2021 and 2026. This was
advanced by ReportLinker. What will
bring about these changes? Consumer demands because of the convenience of e-payments,
favourable government policies and evolving consumer behaviour are primary
reasons. Let’s not forget the Covid-19 disruption. It is expected that
financial transactions conducted via just smartphones
will exceed $2 trillion globally by 2023.
Photo credit: Geralt from Pixabay
Digital payments will keep growing
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