Abstract
With the rapid advancements in technology and changing consumer preferences, the world of payments is undergoing a profound transformation. Next-Gen payment systems are emerging as the driving force behind this revolution, enabling seamless, secure, and efficient transactions across various channels. This research article explores the evolution of payment systems, discusses key characteristics and benefits of Next-gen payment systems, analyzes emerging trends and technologies shaping the industry, and examines the potential challenges and opportunities in their implementation. By shedding light on the transformative impact of Next-gen payment systems, this article aims to provide insights into the future of transactions and their implications for businesses, consumers, and society at large.
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