BPC：2025年新一代收单系统：数字化转型重构支付收单研究报告（英文版）

When it comes to payments, the second waveof the digital revolution will be characterized bythree phenomena: a rapid increase in the numberand types of merchant accepting electronicpayments,vast growth in the different ways

consumers and businesses can pay, and anincreased regulatory focus on transaction andsystem security to guard against new forms ofraud arising in the online world