Global E-Invoicing Market Foreseen to Grow at CAGR of +18% During Forecast Period 2018-2023
A key factor driving the growth of the market is the convenience and easy accessibility of mobile payment systems. Mobile commerce simplifies banking, commercial transactions, and bill payments through mobile applications. However, mobile commerce payments require e-billing/e-invoicing in banking, telecommunications, and e-commerce sectors. Mobile commerce vendors are partnering with telecommunication service providers to offer payment services as a built-in function which is further driving the market.
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