Introduction
With modern technology and innovations, businesses' have no limits. Even a small shop can go global using an eCommerce platform and third-party payment solutions. The biggest challenge for online businesses is accepting payments. Transferring money requires a FinTech solution, combining multiple solutions into a single website payment processing platform.
eCommerce payment processing is a modern necessity now. So, when the customers get the facility to buy something with a touch of a finger sitting at home, the business gets tremendous benefits. The transaction volume of the online transaction has multiplied 2000 times in the last couple of years. Volume-wise it has increased more than 41 times. This highlights the growing penetration of online payment across the globe.
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