Debit Card Industry Boosted By The Reduced Use Of Cash And Increased Digital Payments einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Mobile Payment Technologies Global Market Report 2021: COVID-19 Growth And Change To 2030
The Business Research Company’s Mobile Payment Technologies Global Market Report 2021: COVID-19 Growth And Change To 2030
LONDON, GREATER LONDON, UK, April 22, 2021 /EINPresswire.com/ Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
The initiatives taken by governments to promote a cashless economy is a major driver for the growth of the mobile payment technologies market. A cashless economy is the one in which financial transactions are not done with banknotes or physical currency but via digital modes of payment. In this regard, government across the world along with the central banks are taking several initiatives to move towards a cashless economy, which ultimately leads to the growth of the global mobile payment market. According to a study conducted by
Digital Payments Global Market Report 2021: COVID-19 Growth And Change To 2030
The Business Research Company’s Digital Payments Global Market Report 2021: COVID-19 Growth And Change To 2030
LONDON, GREATER LONDON, UK, April 20, 2021 /EINPresswire.com/ Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
Contactless payments technologies are soaring high in the digital payments market. Many users are increasingly opting for contactless payments technology such as mobile wallets, contactless cards, and others as they are more secure and convenient to use. Contactless payment technology uses radio frequency identification (RFID) or near field communication (NFC) for transmission of selected amounts among users. Black Friday sales in 2019 had an 82% rise in the purchase made with mobile wallets compared to the year 2018.