Payment industry has undergone a huge transformation with more consumers and businesses opting for digital transactions. The key to success for any payment company is its responsiveness to the changing regulations and customer preferences. Data in the payment sector is defined by its complexity in the environment and prospect of reaching millions of users globally resulting in huge volumes.
The stakeholders here are not just the merchants and customers, but banks, acquirers, payment processors, etc. The digital payment options must remain efficient and ensure that every single transaction is safe.