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Mobile Payments Market Next Big Thing | Mastercard, Paymentwall, Visa
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IQST - iQSTEL Prototypes IoT Solution Based On Its Award Winning Technology For Fortune 500 Client
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Global Financial Cards and Payments Market Size, Share & Analysis, By Product By Application, And By Region Forecast To 2027
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NEW YORK, March 17, 2021 /PRNewswire/ iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced its telecommunications subsidiary, SwissLink, is moving forward on a plan to implement network interconnection in Switzerland.
The network interconnection in Switzerland will effect an operating cost reduction and improve quality of service. While Switzerland is not a member of the European Union, it still enjoys special treatment for international telecommunications traffic in Europe.
The SwissLink operations is one of iQSTEL s top gross margin contributors and the network interconnection in Switzerland is anticipated to increase its gross margin contribution.
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ResearchAndMarkets.com s offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global lending and payments market as it emerges from the COVID-19 shut down.
The global lending and payments market is expected to grow from $6708.1 billion in 2020 to $7662.19 billion in 2021 at a compound annual growth rate (CAGR) of 14.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $9770.89 billion in 2025 at a CAGR of 6%.