Payment Security Market - SWOT Analysis, Competitive Landscape and Regional Trends By 2023
Market Highlights The global payment security market is expected to witness a high growth in the coming years. The payment security system is growing with the increasing numbers of e-Commerce and m-commerce transactions. Moreover, the tokenization technology is innovation to this market which improve payment security and provide a payment process. It provides the customer authentication without affecting the transaction’s security. The study indicates that the e-commerce allows the secure online payment solution, which generate unique virtual number. The online payment transactions is using digital signatures to ensure authentication of transactions. While, Secure Sockets Layer is the most commonly used protocol across the industry as it meets the security requirement such as authentication, encryption, integrity, non-reputability. The Global Payment Security Market is growing rapidly over ~17% of CAGR and is expected to reach approximately USD~ 27 Billion by the end of forecast period...