Creating a universal payment protocol for all digital transactions
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%.