Belgium Payments Market Growth, Trends & Forecast (2022-27

 

Market Overview:

From 2022 to 2027, the Belgian payments market is anticipated to grow at a CAGR of 8.3%. The region’s market is expanding primarily due to strong E-commerce growth and an increase in contactless payments, among other things.

In Belgium, acceptance of digital payments is rising. Mobile payments using a smartphone and contactless (card) payments are gaining popularity. These methods of paying for goods and services were proof of a steady transition to digital payments prior to the COVID-19 pandemic.

Scope of the Report:

The study tracks key market metrics, underlying growth influencers, and significant industry vendors, supporting Belgium’s market estimates and growth rates throughout the anticipated period. The study looks at COVID-19’s overall influence on the Belgium payment ecosystem

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