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SmartCard Marketing Systems Inc. (OTCQB:SMKG) The Global PaaS market size was valued at USD 60.12 billion in 2021 and is anticipated to register a compound annual growth rate (CAGR) of 19.3% from 20
SmartCard Marketing Systems Inc. (OTCQB:SMKG) The Global PaaS market size was valued at USD 60.12 billion in 2021 and is anticipated to register a compound annual growth rate (CAGR) of 19.3% from 20.
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[{"type":"text","content":"SmartCard Marketing Systems Inc. (OTCQB:SMKG) The Global PaaS market size was valued at USD 60.12 billion in 2021 and is anticipated to register a compound annual growth rate (CAGR) of 19.3% from 2022 to 2028Sept 06th, 2022 New York, Ny USA Noteworthy; The company’s Fintech, Paytech and Embedded payments technology solutions are offered as white-label platforms for Banks, Telecoms and Enterprises to meet the needs of implementing and managing marketplaces - meeting the needs of Paas and PPaas. SMKG:OTCQB meets the growing demand in Paas & PPaas platforms combined. The global PaaS market size was valued at USD 60.12 billion in 2021 and is anticipated to register a compound annual growth rate (CAGR) of 19.3% from 2022 to 2028. PaaS is a cloud service that provides a virtual environment to the developers for software development. The rising need to reduce the cost and time to market (TTM) of application development across the enterprises is one of the major factors that boost the market growth during the forecast period. Along with this, the rising adoption of cloud services among enterprises across the globe and the growing number of enterprises is fueling the growth of the market. However, the rising number of data breaches increases the privacy and security concerns that are projected to hinder market growth.Source link: PaaS Market Size & Share Report, 2022 - 2028 (grandviewresearch.com) The Future Of Embedded Payments: What The Consumer-Centric Approach Means For Banks And Businesses - PPaasNow, as embedded payments become the norm in our personal lives, a report from IDC predicts that 74% of digital consumer payments globally will be conducted via platforms owned by nonfinancial institutions by 2030. As the industry evolves, I see two major trends to watch in the market: the growth of embedded B2B payments and the opportunity for financial institutions to work with fintech partners to support growing demand.Source link: The Future Of Embedded Payments: What The Consumer-Centric Approach Means For Banks And Businesses (forbes.com)Massimo Barone the CEO of SMKG stated “These segments of business are an integral part of what we do and offer to our clients and partners. Our strategy is being reinforced by industry leaders that are bringing forward these models...