THE FUTURE OF THE DIGITAL PAYMENT SYSTEM IN A GLOBALIZED ECONOMY
Dr.Dilshad Ahmad Ansari, Dr.Mohd Naseem Siddiqui, Dr.Mahendra Pratap Singh
1. Amiruddaula Islamia Degree College, Lucknow, 2. Mumtaz Post Graduate College, Lucknow, 3.Shri Ramswaroop Memorial College of Management, Lucknow, Uttar Pradesh
Abstract
The world of virtual bills is evolving quickly, pushed by way of technological improvements, moving consumer expectations, and new policies. Globally, the virtual payments market is predicted up to date attain $17 trillion in 2024, and preserve an annual growth price of 15.seventy one% over the next five years.
Accelerating the boom of virtual bills is the fast adoption of virtual wallets and different contactless charge strategies that have offered up to date greater efficiency, flexibility and protection. on the equal time, synthetic intelligence and machine up-to-date are reshaping how monetary transactions are conducted on a worldwide scale.
Up-to-date this fast-paced surroundings, corporations up to date stay beforehand of technological adjustments and be bendy enough up to date conform updated new rules and up-to-date desires. making an investment within the up-to-date payment technology and prioritizing protection are key for groups updated aggressive and beef up up-to-date believe.
Keywords: E-Evolving Q-Quickly V-Virtual P-Payments M-Market S-Synthetic I-Intelligence S-Surroundings, C-Corporations
Journal Name :
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EPRA International Journal of Agriculture and Rural Economic Research (ARER)
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Published on : 2025-12-06
| Vol | : | 13 |
| Issue | : | 12 |
| Month | : | December |
| Year | : | 2025 |