As the global payments industry continues to grow, global payment revenues are expected to increase by almost 9.5% (year-on-year) in 2022. By 2031, the revenue is projected to reach $3.3 trillion. As such, revolving credit card balances are expected to comprise a large portion of the revenue. To maximize their profits, many merchants rely on […]
source https://paymentdepot.com/blog/straight-through-processing/
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