Payment platform revenue to surge to $158bn by 2024, with China accounting for half of global spend

New data from Juniper Research has shown that revenue from payment platforms that enables merchants to process payments will grow from $106 billion (€95.6 billion) in 2019 to $158 billion (€142 billion)

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Visa acquires Payworks to create a fully integrated payment acceptance solution

Visa announced it has acquired Payworks, a Munich-based provider of next-generation payment gateway software for the Point of Sale (POS).

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