The Global Payment Processor Market size is expected to grow from USD 50.87 billion in 2023 to USD 84.57 billion by 2028, at a CAGR of 10.70% during the forecast period (2023-2028). The market growth can be attributed to the rising global prevalence of the internet and smartphones.
New York, Aug. 11, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Payment Processor Market Size & Share Analysis – Growth Trends & Forecasts (2023 – 2028)” – https://www.reportlinker.com/p06484182/?utm_source=GNW The Global Payment Processor Market size is expected to grow from USD 50.87 billion in 2023 to USD 84.57 billion by 2028, at a CAGR of 10.70% during the forecast period (2023-2028).
The market growth can be attributed to the rising global prevalence of the internet and smartphones. Because of the ease of access to the internet, the use of digital payment processing has increased, resulting in the expansion of the payment processing solutions business.
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