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Wireless

Contactless POS payments to approach USD 500 bln by 2017

Wednesday 21 September 2016 | 18:03 CET | News
The global value of contactless POS (point of sale) terminal transactions, conducted in-store via cards, mobile and wearables, will approach USD 500 billion per year by 2017, from an estimated 321 billion this year, according to a new study from Juniper Research. The low value nature of contactless payments means that their value will only represent 5 percent of the total value of all POS transactions in 2017.

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Categories: Mobile & Wireless
Companies: Visa
Countries: World
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