Contactless Payment Market to Hit USD 7058.4 Billion by 2030 20% CAGR Growth Forecast

Krajput06 Mar, 2025News

Contactless Payment Market Poised for Rapid Growth, Projected to Reach USD 7058.4 Billion by 2030 Market Estimation Definition The U.S. remains at the forefront of contactless payment adoption, driven by an advanced digital infrastructure and high consumer preference for mobile payments. The presence of leading FinTech firms, extensive use of credit and debit cards with NFC capabilities, and growing merchant acceptance have contributed to strong market penetration. Additionally, partnerships between banks and payment service providers are accelerating innovations in fraud prevention and security measures.

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