2nd Quarter 2023

Payment Processing Market Update

Payment Processing
Capital Advisors

Cashless transactions have reduced reliance on physical currency, enabling growth in the payment processing industry. The payment processing solutions industry witnessed meaningful growth during COVID-19 due to consumers’ rising preference for digital payments through online shopping. In addition, eWallets have fueled demand for online payments globally, driving industry growth. Meanwhile, competition in the space has driven investor and strategic appetite.

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