Digital Payments
Electronic transfers of value using digital channels, replacing cash.
What is Digital Payments?
Digital payments include mobile wallets, cards, and apps, with global volumes projected at $114 billion in Southeast Asia by 2025. Trends feature AI for fraud detection and blockchain for security, with 86% penetration in China.
In digital assets, they leverage stablecoins and CBDCs for instant cross-border transfers, reducing costs by 40%. Statistics show 38.3% global adoption, driven by e-commerce.
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