Contactless Payment Market 2017: Industry Size, Global Share, App Analysis and Forecast 2025
Contactless payment refers to purchase of goods/products and services through debit, credit and smart cards including smartphones and other mobile devices that use radio frequency identification technology (RFID), near field communication (NFC) and samsung pay (MST). Additionally, contactless payments are perceived to be faster than cash transaction thereby, reducing the queuing time.
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