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Contactless payment market to reach $17.56 billion by 2021

Discussion in 'Help Net Security' started by RSS, May 23, 2016.

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    RSS New Member Member

    The contactless payment market is expected to grow from USD 6.70 Billion in 2016 to USD 17.56 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 21.2%, according to new MarketsandMarkets research. The major drivers of this market include reduction in queuing and transaction time, increased convenience in making low value payments, ease of technology integration with existing cards, increased average transaction value, better customer insights, improved service delivery, and increased revenue opportunity. … More →

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