India Contactless Payment Market Trends, Share, Growth and Demand Forecast 2024
Increasing smartphone penetration and integration of contactless cards with the existing cards are boosting the growth of the contactless payment market in India. According to TechSci Research report, “ India Contactless Payment Market By Component, By Device Type, By End User, By Region, By Company, Competition, Forecast & Opportunities, 2024 ” , India contactless payment market is expected to grow at a formidable rate over the forecast period on the back of increasing penetration of internet coupled with rising implementation of contactless payment solutions and services across the country. In addition, the contactless payments are reliable and safe to use, which is further fueling their use in India. Rising awareness about the technology along with growing investments by private and public capital holders in the research and development activities is anticipated to improve the service, thus propelling the growth of India contactless payment market thro...