Merchant Stronghold

  The cashless payment method is expanding exponentially due to the evolution of methods of payment, increasing internet-based commerce, a boost in broadband connectivity, as well as the advent of new technology. Are increasing instances of spam and cyberattacks slowing the expansion of online payments as it continues to expand at a rapid pace? The worldwide digital payment industry is predicted to reach an estimated USD6.6 trillion mark by 2021. That's 40% growth in 2 months. The cashless payment techniques are swiftly evolving thanks to innovative technologies like mobile wallets, peer-to-peer (P2P) payment on mobile devices, instant payment as well as cryptocurrency. In the era of digitalization, there are many companies that offer payment technology and collaborate with traditional financial institutions to accommodate the latest trends in merchant and consumer preferences. Because of the increased connectivity to broadband as well as the rise of mobile commerce, and the rise o...