The digital payments market has been growing exponentially over the last decade or so. This phenomenal growth can be attributed to several factors including but not limited to – improved internet penetration in underdeveloped and developing countries, increased education and awareness about the benefits of using digital payment methods, the growing interest of micro, small, and medium-sized business entities, the globalization of business operations, the improved knowledge base about the concept of digital payments, and much more. These factors and several others have enabled the growth of this market and it is expected to continue this trajectory at a remarkable CAGR during the forecast period from 2022–2029.
At Payment Porte, we had anticipated the growth potential of the digital payments space back in 2018, when we set out to develop a niche fintech platform that can address the existing pain points in this space. In this context, over the last four years, we have been working towards developing a platform that can bridge the gap between traditional payment solutions and the upcoming modern ones. Throughout this process, we have leveraged cutting-edge technologies like the blockchain and have set our foundation on a robust backend infrastructure powered by Stellar.
As we continue to evolve, we are thrilled to announce that Payment Porte has been featured in the Top 40 Digital Payment Players by Verified Market Reports. An exclusive coverage by the World of Reports is icing on the cake. It is a privilege to have been featured alongside some of the most established players in this space including Hitachi Digital Payment Solutions Ltd., Mastercard, Alliance Data, Polaris Consulting, BAE Systems, and several others.
At Payment Porte, our sole aim is to leverage the power of blockchain technology and use Stellar’s robust infrastructure to offer fintech solutions that can address and solve major pain points in cross-border payments, cross-border trade, logistics, and supply chain for micro, small, and medium-sized businesses globally.
We are grateful for the recognition of being one of the Top 40 digital payment players globally and will work towards realizing our ultimate vision.
You can download the full report titled “Global Digital Payment Market Size By Type (Payment Gateway Solutions, Payment Wallet Solutions), By Application (MNOs, Financial Institutions (Banks)), By Geographic Scope And Forecast” and have a look at our feature – https://bit.ly/3zqtbV7
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