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Posted On: 04/28/2020 11:57:28 AM
Post# of 145202
$SMME says the global contactless credit/debit card payment market size is expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025. This is at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major advantage offered by contactless payments is that customers can instantly complete transactions with the tap of a card. This increases the speed of transactions, making contactless payments even more efficient stated the MarketsandMarkets report.
SmartMetric has announced that its biometric fingerprint secured and activated contact and contactless credit/debit cards are ready to ship to its partners in Europe at the end of the COVID-19 lock down.
"We are very excited with the continued reports of the very strong growth for the contactless credit and debit card market. Our biometric card with a built inside the card fingerprint scanner will be seriously advantaged by the continued strong growth in this market sector," said today SmartMetric’s President and CEO, Chaya Hendrick.
SmartMetric has announced that its biometric fingerprint secured and activated contact and contactless credit/debit cards are ready to ship to its partners in Europe at the end of the COVID-19 lock down.
"We are very excited with the continued reports of the very strong growth for the contactless credit and debit card market. Our biometric card with a built inside the card fingerprint scanner will be seriously advantaged by the continued strong growth in this market sector," said today SmartMetric’s President and CEO, Chaya Hendrick.
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