The Rise of Virtual Cards: A Game Changer for the Payment Industry (Forecast 2021-2030)
The global Virtual Cards market is expected to reach USD 65.0 billion by 2030, at a CAGR of 21% during the forecast period 2021 to 2030. The increasing demand for Virtual Cards systems designed specifically for food to identify products with incorrect labels and low-quality products drives the market’s growth over the forecast period. However, the Virtual Cards system is highly expensive, restraining the market’s growth.