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Korea Herald
4 days ago
- Business
- Korea Herald
"China's Development, An Opportunity for a Colorful World" International Exchange Week Launched in Zunyi, Guizhou, China
ZUNYI, China, July 15, 2025 /PRNewswire/ -- On July 15th, the "China's Development, An Opportunity for a Colorful World" International Exchange Week kicked off in Zunyi, Guizhou, China, with the theme of "High-Level Opening-Up Leads High-Quality Development of Distinctive Industries". Over 200 participants from more than 30 countries, including diplomats, scholars, international influencers, students, and business representatives, gathered at the event to experience the development of Guizhou's distinctive industries. David Blair, Senior Economist and Vice President of the Center for China and Globalization (CCG), noted that a colorful world should embrace broad and locally rooted development models to ensure prosperity reaches all regions and social groups. He emphasized that China has made significant progress in transformation, and with policy support, Zunyi could become a model of achieving a better life through vibrant local productivity and shared prosperity initiatives. Einar Tangen, Senior Fellow at the Taihe Institute and an expert in international politics and finance, highlighted how cultural exchange can drive trade. He pointed out that 10 percent of Guizhou's tourism-driven economic growth comes from cultural industries such as batik, village soccer matches, and Dong Grand Songs. Thai silk arrives in Guizhou via Ninja Van, Uzbek companies use Payme for payments, and Kenyan artisans integrate M-Pesa — all of these are supported by shared tourism data and smart digital development. This exemplifies how mutual learning fosters trade, and how trade contributes to peace. At the event, the Xufang International Media, CICG and the Trade Promotion and Exchange Center of the China Council for the Promotion of International Trade together launched the "Chinese Quality Products" Global Promotion Initiative (Zunyi). At the "Chinese Quality Products" Zunyi Exhibition, representatives from local specialty enterprises and products of intangible cultural heritage from Zunyi were showcased, including Meitan Cuiya, Zunyi chili peppers, Moutai, Kweichow Zhen, bamboo weaving, and embroidery. With live streaming on social media platforms, ambassadors and international influencers at the event share the quality products of Zunyi with global audiences.
Yahoo
28-02-2025
- Business
- Yahoo
Payment Processing Solutions Market Report 2025: A $162 Billion Revenue Opportunity by 2030 - Growth of BNPL Options and Alternative Financing Methods Accelerates Need for Flexible Payment Processing Solutions
Payment Processing Solutions Market Dublin, Feb. 28, 2025 (GLOBE NEWSWIRE) -- The "Payment Processing Solutions - Global Strategic Business Report" has been added to global market for Payment Processing Solutions was valued at US$79.6 Billion in 2024 and is projected to reach US$161.9 Billion by 2030, growing at a CAGR of 12.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth of the Payment Processing Solutions market is driven by several key factors, including the rapid adoption of digital payments, technological innovations, and globalization. One of the primary drivers is the increasing preference for digital and mobile payments, which has been further accelerated by the global shift toward e-commerce and mobile shopping. Consumers are seeking faster, more convenient ways to complete transactions, whether through digital wallets, contactless payments, or mobile apps. This shift has placed pressure on businesses to adopt payment processing solutions that can support a variety of payment methods while ensuring seamless important factor is the rise of cross-border commerce, which has expanded the need for payment processing systems that can handle multi-currency transactions and navigate complex international regulatory landscapes. As businesses increasingly look to serve global markets, they require payment systems that can support diverse payment preferences, offer efficient currency conversion, and ensure compliance with varying regional requirements. The ability to facilitate international payments without friction has become a competitive advantage for businesses, driving demand for advanced processing remains a major growth driver in this market. With cyber threats on the rise, businesses are investing in secure payment processing solutions that can protect sensitive customer data and prevent fraud. Technologies such as AI-powered fraud detection, encryption, and blockchain are helping businesses enhance security while maintaining the speed and convenience of digital transactions. Lastly, cloud-based payment processing platforms have made it easier for businesses of all sizes to access scalable, flexible payment solutions. The ability to scale services as needed, without requiring large infrastructure investments, has made cloud-based systems particularly attractive to small and medium-sized enterprises. As the market continues to evolve, the ability to adapt to changing consumer expectations, embrace new technologies, and support global transactions will be essential for sustained growth in the Payment Processing Solutions ScopeThe report analyzes the Payment Processing Solutions market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined Payment Method (Credit Cards, Debit Cards, eWallet); End-Use (Hospitality, Retail, Utilities & Telecom, Other End-Uses). Geographic Regions/CountriesWorld; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Insights: Market Growth: Understand the significant growth trajectory of the Credit Cards Payment Method segment, which is expected to reach US$67.3 Billion by 2030 with a CAGR of a 10.6%. The Debit Cards Payment Method segment is also set to grow at 11.6% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $20.4 Billion in 2024, and China, forecasted to grow at an impressive 16.3% CAGR to reach $38.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of major players such as PayPal, Fiserv, Global Payments, FIS, Square and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Why You Should Buy This Report: Detailed Market Analysis: Access a thorough analysis of the Global Payment Processing Solutions Market, covering all major geographic regions and market segments. Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies. Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Payment Processing Solutions Market. Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions. Key Questions Answered: How is the Global Payment Processing Solutions Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects? Some of the 72 major companies featured in this Payment Processing Solutions market report include: PayPal Fiserv Global Payments FIS Square Stripe MasterCard Visa Dwolla ACI Worldwide Adyen Paysafe Jack Henry & Associates Wirecard PayU Key Attributes Report Attribute Details No. of Pages 108 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $79.6 Billion Forecasted Market Value (USD) by 2030 $161.9 Billion Compound Annual Growth Rate 12.6% Regions Covered Global MARKET OVERVIEW Influencer Market Insights World Market Trajectories Global Economic Update Payment Processing Solutions - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS Increasing Adoption of Digital Payment Methods Spurs Demand for Scalable Payment Processing Solutions in E-commerce and Retail Rising Demand for Seamless Omnichannel Payment Solutions Drives Growth in Payment Processing Technologies Across Online and In-Store Channels Emergence of Real-Time Payment Systems and Instant Fund Transfers Significantly Propels Innovation in Payment Processing Infrastructure Expansion of Mobile Wallets and Contactless Payment Technologies Strengthens Business Case for Advanced Payment Processing Solutions Global Shift Toward Cashless Economies Expands Addressable Market Opportunity for Payment Processing Providers Advancements in Artificial Intelligence and Machine Learning Algorithms Enhance Fraud Detection and Risk Management in Payment Processing Growing Complexity of Cross-Border Transactions and Currency Conversions Spurs Demand for International Payment Processing Solutions Integration of Blockchain and Distributed Ledger Technologies Fuels Innovation in Decentralized Payment Processing Platforms Proliferation of Subscription-Based Business Models Creates Demand for Recurring Billing and Payment Processing Solutions Growth of Buy Now, Pay Later (BNPL) Options and Alternative Financing Methods Accelerates Need for Flexible Payment Processing Solutions Rising Adoption of Cryptocurrency Payments Expands the Scope for Crypto-Enabled Payment Processing Systems Expansion of Peer-to-Peer (P2P) Payment Systems and Digital Banking Propels Growth in Payment Processing Solutions for Consumer Transactions For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Payment Processing Solutions Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
