Trades up $SMME SmartMetric Says It's Contact And
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SmartMetric, Inc. (OTCQB:SMME): The Contactless Payment Market Global Forecast to 2025 report published by MarketsandMarkets 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.
This research report was compiled prior to the COVID-19 Pandemic. The question now being asked in the credit and debit card industry is how will this Pandemic effect consumer behavior going forward. Will there be an aversion en masse to the touching of doors, buttons such as in elevators as well as devices such as card keypads used to enter a PIN at the store or ATM?
https://www.barchart.com/story/stocks/quotes/...-19-future
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