The cashless payment system is growing exponentially with evolving payment methods, increasing use of e-commerce, improved broadband connectivity and the advent of new technologies. Can the increasing incidence of cyber-attacks and spam hamper the growth of the online payment market, or will it continue to grow at a rapid pace? The global digital payments industry is expected to reach the $6.6 trillion mark in 2021, seeing a roughly 40% jump in two years. Cashless payment methods are evolving rapidly thanks to disruptive innovations such as mobile wallets, peer-to-peer (P2P) mobile payments, real-time payments and Online payment gateways in Bangladesh cryptocurrencies. In the growing digital age, many payment technology companies are partnering with traditional financial institutions to meet the latest consumer and merchant preferences. Thanks to widespread broadband connectivity, growing mobile commerce, the emergence of new technologies such as virtual reality, artificial intellige