Too Long; Didn't Read
The race is on for using blockchain-based solutions for accelerating payments. Visa and MasterCard are vying for supremacy with the likes of PayPal, constantly looking for advantages and new technologies to bolster their performance. The number of transactions carried out by all of the main payment providers is growing. A recent review by Statista shows that the number of purchase transactions worldwide in 2019 topped the 400 billion mark. Visa has surpassed the 185 billion mark, followed by MasterCard at 131 billion. American Express closes the trio with 8.8 billion transactions in 2019.