Increasing e-Commerce Sales Worldwide a Huge Bonus for Exploding Digital Payment Market
The market is expected to benefit from the high adoption rate of smartphones, rise in e-commerce sales, and improved internet penetration globally.
- The market is expected to benefit from the high adoption rate of smartphones, rise in e-commerce sales, and improved internet penetration globally.
- Increasing e-commercesales worldwide is also one of the major factors driving the market growth in recent days.
- A report from Grand View Research said that "The global digital payment market size was valued at USD 58.30 billion in 2020.
- Various retailers and restaurants adopt the point of sales mode of payment for enhancing customers' payment experiences.