Payment card reader integration with online banking
No online banking or transaction is complete without payment cards. The increasing adoption of payment cards across the globe has fueled the payment card reader market. A payment card reader is a device that allows businesses to accept payments from customers using debit cards, credit cards, or even contactless payments through Apple Pay or UPI. It helps businesses process payments quickly, enhance customer experience, and reduce the risk of fraud. It is widely used in industries such as retail, transportation, banking, hospitality, healthcare, and e-commerce. According to a Consegic Business Intelligence report, Payment Card Reader Market The size is expected to increase from US$17,414.53 million in 2023 to US$61,771.27 million in 2031, and is expected to grow by US$20,090.45 million by 2024, at a CAGR of 17.1% between 2024 and 2031. The integration of payment card readers with online banking platforms is a transformative development in the financial sector. It guarantees convenience, security, and efficiency. Also read: Online Banking Trends:…
Payment card reader integration with online banking
No online banking or transaction is complete without payment cards. The increasing adoption of payment cards across the globe has fueled the payment card reader market. A payment card reader is a device that allows businesses to accept payments from customers using debit cards, credit cards, or even contactless payments through Apple Pay or UPI. It helps businesses process payments quickly, enhance customer experience, and reduce the risk of fraud. It is widely used in industries such as retail, transportation, banking, hospitality, healthcare, and e-commerce. According to a Consegic Business Intelligence report, Payment Card Reader Market The size is expected to increase from US$17,414.53 million in 2023 to US$61,771.27 million in 2031, and is expected to grow by US$20,090.45 million by 2024, at a CAGR of 17.1% between 2024 and 2031. The integration of payment card readers with online banking platforms is a transformative development in the financial sector. It guarantees convenience, security, and efficiency. Also read: Online Banking Trends:…