Contactless Payments Market: Secure Transactions at Your Fingertips
The contactless payments market has emerged as a transformative force in the realm of financial transactions, offering a secure alternative to traditional payment methods like cash and card swiping. Contactless payments utilize near-field communication (NFC) technology, which enables users to complete transactions by simply tapping their cards or smartphones.The global contactless payments market was valued at US$ 22.4 billion in 2022 and expected to grow US$ 90.6 billion in 2032. Between 2023 and 2032,this market is estimated to register CAGR of 15.4%.
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