Are Contactless Payments the Future of Transactions?

The Contactless Payment Market is booming. In 2019, the market was valued at USD 9.12 billion. It is expected to reach USD 21.76 billion by 2027. This growth represents a compound annual growth rate (CAGR) of 10.61% from 2020 to 2027.

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In recent years, payment methods have evolved dramatically. One of the most significant changes is the rise of contactless payments. This technology allows users to make quick and secure transactions without physical contact. But what does this mean