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The Payment Processing Solutions Market is projected to grow from USD 103.2 billion in 2023 to USD 160.0 billion by 2028, at a CAGR of 9.2%. This growth is driven by the increasing prevalence of smartphones and mobile applications, as well as the convenience and flexibility of credit cards. The market is expected to be heavily influenced by partnerships, governmental reforms, IoT payments, biometric authentication, and IoT payments.
