Security News > 2016 > May > Contactless payment market to reach $17.56 billion by 2021 (Help Net Security)
2016-05-23 12:45
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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