Payments Industry Emerges as Unquestioned Leader in Financial Technology Space
In 2022, the payments sector dominated the fintech industry, capturing one-third of its global earnings with a staggering $126 billion in revenue, highlighting a major shift towards digital transactions. As detailed by Payments Dive, this growth is driven by companies like PayPal and Stripe, which are capitalizing on the surge in e-commerce and mobile commerce, setting a new standard for efficient, seamless payment solutions.
Ivy Tran