Digital Payment Update - Japan's Cashless Shift: Market Growth and Opportunities [Yahoo! Finance]
RAIFFEISEN BK IN UNSP/ADR (RAIFY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
grow from US$ 469.54 billion in 2024 to US$ 1.32 trillion by 2033, driven by key factors such as increased smartphone penetration, a strong push towards a cashless society by the government, and advancements in payment technologies. The surge in e-commerce also contributes to this growth, although challenges such as cultural preferences for cash and cybersecurity concerns remain. As Japan endeavors to build a cashless society, the interplay of technology, government policy, and consumer behavior will play critical roles in shaping the market's trajectory. Elsewhere in the market, Raiffeisen Bank International was a notable mover up 7.4% and ending trading at €31.14, hovering around its 52-week high. Don't miss our Market Insights article on Bitcoin ETFs, analyzing their rapid adoption and strategic investment significance amid the digital payment landscape. Best Digital Payment Stocks Visa finished trading at $349.84 up 1.1%. PayPal Holdings settled at $69.25 up 0.5%. SoFi
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