Gross payment value growth on US digital commerce platforms will slow this year, increasing only 9% compared to 25% last year, according to a projection by Insider Intelligence/eMarketer.

By 2025, the gross payment value will be $363.28 billion, more than doubling what it was in 2020.

According to the forecast, US digital commerce platforms will handle 57.7% of their retail e-commerce sales on behalf of their merchants in 2023.

Insider Intelligence/eMarketer anticipates that digital commerce platforms will extend their payment processing offerings in the future due to this tremendous revenue-generating potential.


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