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(USGovernment-News.Com, August 29, 2018 ) The Contactless Payments Industry is expected to increase at high growth rates during the forecast period (2018-2023). The Contactless Payments Industry is supported by various growth drivers. Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near field communication for making secure payments.
The embedded chip and antenna enable consumers to wave their card, fob, or handheld device over a reader at the point of sale terminal. Contactless payments are made in close physical proximity, unlike mobile payments which use broad-area cellular or WiFi networks and do not involve close physical proximity.
There are 3 key segments covered in this report: geography segment, end use/application segment and competitor segment. For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023.
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For end use/application segment, this report focuses on the status and outlook for key applications. End users also can be listed.
For competitor segment, the report includes global key players as well as some small players.
Furthermore, years considered for the study are as follows:
Historical year – 2013
Base year – 2018
Forecast period – 2018 to 2023
The companies include:
Visa Inc., Giesecke& Devrient GmbH, Heartland Payment Systems, Verifone Systems Inc., Ingenico Group SA, On Track Innovations (OTI) Ltd, Oberthur Technologies Morpho, Thales Group, Wirecard AG et al.
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