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Digital Payment Options Thrive in a Time of Social Distancing

2/19/2021

NEW YORKFeb. 18, 2021 /PRNewswire/ -- The financial industry is rapidly becoming more and more reliant on new technology. With the emergence of online platforms, digital payment solutions have rapidly evolved throughout recent years. Typically, most payment providers look to advance their systems to send or receive funds quicker while providing top-line security. Most payment solution providers also offer a variety of features which include new currencies, mobile payment apps, HTML payment buttons, and even security technology. Real-time payments are a type of digital payment solution that allows for the quick transfer of funds through a secured payment gateway. The technological infrastructure that real-time payments are built on allows for immediate transfers between a consumer and a vendor. And, according to data presented by Finaria.it, the global digital payments industry is expected to hit a value of USD 6.6 Trillion in 2021, a 40% increase in two years. XTM, Inc. (CSE: PAID) (OTC: XTMIF), Synchrony Financial (NYSE: SYF), Global Payments Inc. (NYSE: GPN), StoneCo Ltd. (NASDAQ: STNE), PayPal Holdings, Inc. (NASDAQ: PYPL).

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