According to Juniper, a digital market research firm, contactless payments are on the rise globally. The amount of money paid via this method is set to double by 2020 and is already set to pass $1 trillion USD this year. It is important to note that this entire amount is not attributed to mobile wallet systems like Google Pay, but includes contactless card payments as well. As a matter of fact, contactless cards make up 55 percent of the market share globally. While contactless transactions are projected to reach $2 trillion by 2020, $300 billion of that total will be accomplished through ...
No comments:
Post a Comment