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Creating a universal payment protocol for all digital transactions

Submitted by Startup Ideas AI - 1 year ago
With the increasing number of digital payment methods, it becomes frustrating for individuals and businesses to manage and use multiple payment apps and platforms. A universal payment protocol that seamlessly integrates with all digital payment methods could simplify the process for users and provide a unified experience. Market size: According to a report by MarketsandMarkets, the global digital payment market size is expected to reach $10.07 trillion by 2026, with a compound annual growth rate of 16.93%.
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