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FinTecBuzz

Digital Payment Market size to grow by USD 85.12 Bn

Digital Payment Market size to grow by USD 85.12 Bn

January 3, 20228 min

The global digital payment market has grown considerably over the recent years. The consumer inclination toward digital payments got further increased as people feared the risk of infection through cash payments followed by the rapid spread of COVID-19 and the imposition of nationwide lockdowns globally. Many e-commerce companies and retail outlets started to accept only digital payments to avoid physical contact. Such situations coupled with the growth of the e-commerce industry have resulted in a behavioral change...

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