$GTCH Fortune Business Insights, "The global payment processing solutions market size is expected to showcase exponential growth by reaching USD 116.17 billion by 2027. This is attributable to the increasing adoption of value-added services by major fintech firms, along with the growing demand for payments through credit & debit cards that is leading the developers to introduce advanced payment solutions globally."

"The emergence of advanced technologies has led to a massive overhaul in the operations of several fintech firms and major banks globally. They are adopting modern technologies such as artificial intelligence (AI) and machine learning to provide their customers with contextual and customized payment solutions. This is driving the demand for advanced payment solutions to enable fast, simple, and secure business transactions. Furthermore, the surging use of credit and debit cards over cash is likely to boost the global payment processing solutions market growth in the forthcoming years."