The evolution of payment systems over the years has culminated in increased demand for instant transaction processing. Consumers are no longer content with slow interbank clearance processes that used to take from a few days for local payment processing to a week for international payments. There has been exponential growth in commerce worldwide, and with it, the increased need for reliable instant payment solutions. A report from PwC and PCI highlights that “the global digital payments market is expected to grow at a CAGR of 23.8% to reach $12.4 trillion in transaction value by 2025,” up from $3.7 trillion in 2019.
At MEDICI, we enable FinTech-at-Scale to create global economic impact. To make sure you keep getting these emails, please add [email protected] to your address book or whitelist us. Our postal address: MEDICI Global Inc. PO Box 473944, Charlotte, NC 28247
