Digital Payment Solutions Market, By Type (Payment Gateway Solutions, Payment Wallet Solutions, Payment Processing Solutions, and Others (Payment Security & Fraud Management Solutions and POS Solutions), By Application (MNOs, Financial Institutions (Banks), Payment Network, Intermediaries, Merchants, and Customers), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

The market for digital payment solutions was valued at US$ 59.50 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 19.80% to reach US$ 356.80 billion by 2030.

The transfer of value from one payment account to another via a digital device, such as a computer, mobile phone, or point of sale (POS), or via a digital channel of communications, such as mobile wireless data or SWIFT (Society for the Worldwide Interbank Financial Telecommunication), is referred to as a digital payment, sometimes known as an electronic payment. Pay Core Digital Payment solutions facilitate the seamless adoption of digital payments in compliance with global payment standards for banks, processors, telecom providers, and retailers. The Solution provides an integrated platform that oversees the whole life cycle of digital cards. It manages credential provisioning and safe management, starting with the enrolling procedure. Issuers and repair providers can offer their services over the platform in their wallets or through third parties. The transfer of value from one payment account to another via a digital device, such as a computer, mobile phone, or point of sale (POS), or via a digital channel of communications, such as mobile wireless data or SWIFT (Society for the Worldwide Interbank Financial Telecommunication), is referred to as a digital payment, sometimes known as an electronic payment. Pay Core Digital Payment solutions facilitate the seamless adoption of digital payments in compliance with global payment standards for banks, processors, telecom providers, and retailers. The Solution provides an integrated platform that oversees the whole life cycle of digital cards. It manages credential provisioning and safe management, starting with the enrolling procedure. Issuers and repair providers can offer services over the platform in their wallets or through third parties.