Virtual Card Spend Driven by API-based Issuing to Reach $13.8trl by 2028
By 2028, global virtual card spend will have increased by 355%; from $3.1 trillion in 2023. The key driver will be the adoption of API-based virtual card issuing platforms, a new study by Juniper Research, revealed. Virtual cards use randomly generated and generally temporary card numbers linked to a payment account, which are used to […]
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