Contactless Payments Market, By Device Type (Smart Cards, Smartphones, POS, NFC Chips, and Others), By Component (Solution and Services (Consulting, Integration and Deployment, and Support and Maintenance)), By Vertical (Retail, Hospitality, Energy & Utilities, Transportation & Logistics, BFSI, and Others (Government, Telecommunication, and Education)), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
In September 2022, Paycor HCM, Inc., a Human Capital Management software providing company, introduced, Paycor wallet, through this wallet employees were able to access earned wages and also able to access pay card information.
In March 2021, Thales Group, a provider of innovative and secure digital solutions, introduced Contactless Payment method through wearable’s to AXIS Bank through this customers were able to perform transactions reliably and seamlessly. This innovation is expected to increase the growth of Contactless payments market.