Contactless Payments

Contactless Payments Transaction A Us$801.4 Bn Industry By 2025

Robust development in internet of things (IoT) has a key role in redefining contactless payments, analysts at Transparency Market Research (TMR) estimates. Thanks to this, the contactless payments transaction market are estimated to account for US$801.4 bn by 2025-end expanding at 55.50% over the forecast period from 2017 to 2025.. Regionally, Europe accounted for the largest share in the global revenue with a valuation of a US$14.1 bn in 2017