Digital Payment Market Report Overview:
The term "Digital Payment Market" describes the electronic money transfers that take place between people, companies, or other entities in place of actual cash or checks. It involves starting, approving, and finishing transactions using digital or electronic devices including laptops, cellphones, and other internet-enabled gadgets. A digital transaction typically involves multiple parties: the payer (consumer), the payee (merchant), and the payment network, which consists of the banks that the payer and the payee use.