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Blockchain Gains Value, Importance As Digital Payments Become Growing Trend

Dec 20, 2024 (MENAFN via COMTEX) --
(MENAFN - Investor Brand Network) NetworkNewsWire Editorial Coverage : The COVID-19 pandemic rattled every market imaginable worldwide, with some changes becoming permanent as they simply accelerated existing trends. The digital payments market certainly benefited as online transactions skyrocketed with some brick-and-mortar stores even refusing to take cash because of the threat of spreading germs. But don't confuse a truly cashless society - where cash and coins physically do not exist - with one where money is still around, just not used frequently. The world was already moving towards the latter, and the coronavirus sped up the process, which shines a spotlight on the opportunities in digital payments. Companies big and small are making the most of technology that serves as the backbone of the next generation of payment systems, such as GreenBox POS (NASDAQ: GBOX) (Profile ) , a provider of customized blockchain payment solutions that is leveraging acquisitions to grow its international footprint. Others enjoying rapid growth in the exploding market of financial technology, or fintech, including significant developments from the likes of ACI Worldwide Inc. (NASDAQ: ACIW) , NCR Corporation (NYSE: NCR) , Paysafe Limited (NYSE: PSFE) and Intuit Inc. (NASDAQ: INTU) to shepherd the industry...

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DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

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