All you need to know about NFC payments

Over the years we have seen some tremendous technological advancements in the field of finance and payments. The intervention of technology has totally changed the way we make payments today. With internet banking, mobile banking, and mobile wallet payments, we no longer are dependent on cash.

With time, we are witnessing new technologies being used to make the payment experience better than ever. And one of these technologies is NFC.
NFC payments which are also known as contactless payments have gained immense popularity throughout the world. In 2015, the global NFC market size was valued at $ 4.80 billion and it’s about to increase 10 times by the year 2024 with an estimated valuation of $50 billion.

Original Source : All you need to know about NFC payments

Location: United States

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