The convenience of shopping online have simplified the traditional payment process over a period of time. The effortless means of payment processing market will change rapidly in India with the usage of smartphone and internet in the future. The flexibility and fraud protection mechanisms will further enable the growth of this industry.
There are a startups who are looking to venture into the payment processing space. One such study ResearchFox conducted to help one of the clients to understand the Payment Processing ecosytem in India.
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