The global instant payments market where transactions are completed within 10 seconds will reach US18 trillion in value in 2025 - up from just US$3 trillion in 2020, according to a new study.
Mobile business messaging traffic is forecast to reach 2.7 trillion this year, up from 2.5 trillion last year, driven primarily by growth in the retail sector during the COVID-19 pandemic.
The value of transactions processed by smart checkout technologies, where the fixed checkout process is replaced by a frictionless model, will reach US$387 billion in 2025, up from just $2 billion in 2020, according to a new study commissioned by Juniper Research.
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