Contactless payment market is anticipated to grow at a considerable CAGR of 20.1% during the forecast period (2023-2030). The market is expected to increase due to the increasing usage of innovative payment technologies such as host-based card emulation (HCE) and near field communication (NFC) for contactless payments. Additionally, a huge surge in digitization and e-commerce […]
Tag Archives: Contactless Payment Market
Contactless Payment Market size is expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2027, at (CAGR) of 11.7% during the forecast period. The main benefit of contactless payments is that customers can complete transactions instantly with the tap of a card. This speed up transactions and makes contactless payments […]
The Contactless Payment Market size is expected to grow at an annual average of 5% during 2021-2027. Contactless payment is a way for users to pay with credit and debit cards that are truly inaccessible to others. This is done with the help of near field communication or radio frequency identification technology. The most common […]
Contactless payment is a way for users to pay with credit and debit cards that are truly inaccessible to others. This is done with the help of near field communication or radio frequency identification technology. The most common method is to tap a card on a PoS terminal, but smartphone manufacturers have created NFC-based systems […]
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