Top 14 Digital Payment Companies Worldwide 2023 | IMARC Group
Digital payment represents the process of transferring money from one account to another using various digital devices, including mobile phones, computers, points of sales (POS), etc., via the internet. Based on payment mode, it can be categorized into bank cards, digital currencies, net banking, digital wallets, and other types. These digital payment solutions are extremely convenient as they reduce dependency on cash and increase the speed of transactions. They even provide high transparency and security with improved traceability and accountability and lower the risk of money theft. Digital payment systems are processed by secure gateways and enhance financial inclusion by improving access to numerous financial services, which include savings accounts and insurance and credit products. Consequently, they find extensive applications across several sectors, such as media and entertainment, automotive, retail, healthcare, transportation, education, etc. The global digital payment marke...