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The video discusses the global ecommerce boom's impact on fintech firms, highlighting Audion's strategies and competitive landscape. Audion competes with major online payment providers like World Pay and Ingenico, as well as companies like Alibaba and Amazon. Audion differentiates itself by offering streamlined payment processing, data analysis tools, and handling multiple currencies, making it easier and cheaper for merchants to process payments.

What is one of the major factors boosting fintech firms globally?

• The rise of cryptocurrency

• Increased government regulations

• The decline of traditional banking

• The global e-commerce boom

Which companies are considered Audion's main competitors?

• World Pay and Ingenico

• Google Pay and Apple Pay

• PayPal and Stripe

• Visa and Mastercard

How does Audion differentiate itself from its competitors?

• By partnering with local banks

• By focusing on cryptocurrency payments

• By providing a streamlined payment process

• By offering lower transaction fees

What additional services does Audion offer to merchants?

• Data and analysis tools

• Custom website design

• Loyalty programs

• Free advertising

What advantage does Audion have in handling payments?

• It offers the fastest transaction speeds

• It has the largest network of merchants

• It supports more currencies and payment types

• It provides the highest security standards