Sample_U.S. Contactless Payment Market
Global Contactless Payment Market worth US$ 98.1 Billion 2029 with a CAGR of 24.0%
Global Contactless Payment Market worth US$ 98.1 Billion 2029 with a CAGR of 24.0%
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Drivers (1/3)<br />
Increased customer satisfaction and improved loyalty programs<br />
<br />
<br />
The major advantage offered by contactless payment is that customers can instantly complete transactions with the tap of a card.<br />
This increases the speed of transactions, making contactless payment even more efficient. With the increasing integration of<br />
contactless payment technologies in mobile handsets and smart phones, the demand for contactless payment solutions has grown<br />
tremendously across U.S.<br />
The rising adoption of contactless technology by the users or customers for small value transactions is expected to drive the growth.<br />
The continuous enhancement in payment security technologies and innovation in products and services is strengthening the market<br />
growth. <strong>Contactless</strong> payments enable transactions to be carried out without any physical connection between a consumer’s<br />
payment device and point-of-sale terminal.<br />
Source: Prophecy <strong>Market</strong> Insights<br />
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 37
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