18.12.19
Knowledge Content
E-commerce growth is brisk. According to the e-Commerce Foundation, global B2C ecommerce sales touched $2.1 trillion in 2018. Likewise, CapGemini and BNP Paribas state digital transaction volume (“non-cash transactions”) will top 725 billion by 2020, representing a gross processing value of USD 5.4 trillion. As the digital payments’ evolution continues, payment processors need to extend the value proposition beyond payment processing. FSS analyzes emergent trends shaping the market that would help acquirers stay ahead of the curve.
