The Rise and Risks of Digital Payments: A Double Edged Sword The digital payments revolution has been gaining momentum over the past decade, transforming the way businesses operate and consumers make transactions.
Online shopping, mobile wallets, contactless payments, and cryptocurrencies are just a few examples of how digital payment systems have become ubiquitous.
According to a recent report, global digital payments are expected to reach $14 trillion by 2025, up from around $6 trillion in 2020.