Press release
Asia-Pacific Contactless Payment Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/asia-pacific-contactless-payment-market
Contactless payment is one such advanced technology, emerging economies are eyeing upon. Over the last decade, the contactless payments have witnessed dramatic changes with the rise of digital payments. The accelerating growth makes contactless payments an expanding and increasingly important component of the banking sector. Various financial institutions are continuously working with tech giants to develop contactless payment based platforms in order to reduce potential threats of cyber-attacks. Growing demand of contactless payment technology in financial services is rapidly taking the payment method from a buzzword to mainstream business. Though, the US and Europe are development centers for contactless payment technology due to presence of tech giants in these regions; Asia Pacific is testing ground for contactless payment due to its complex and penetrable financial infrastructure.
Moreover, the region is advancing towards contactless payment technology to encourage its competitiveness and to create a potential business market in order to attract huge amount of investments. The growth of the payments component also points to the imperative for financial institutions to develop and continually refresh sound payments strategies in order to remain competitive in market, being reshaped by technology, new competition, and customer demands. The major players that are active in the market include Giesecke & Devrient GMBH, GEMALTO NV, VISA, INC., Wirecard AG, Verifone Systems INC, VALITOR HF, IBM CORP., Heartland Payment Systems and Infineon Technologies AG.
Asia-Pacific Contactless Payment Market Segmentation
By Device
Smartphones
Smart Cards
Point of Sale Terminals
Other
By End-User
Retail
BFSI
Transportation
Others
A full report of Asia-Pacific Contactless Payment Market available @ https://www.omrglobal.com/industry-reports/asia-pacific-contactless-payment-market
Regional Analysis
Asia-Pacific
India
China
Japan
Rest of Asia-Pacific
Company Profiles
GEMALTO NV
GIESECKE & DEVRIENT GMBH
HEARTLAND PAYMENT SYSTEMS
IBM CORP.
INFINEON TECHNOLOGIES AG
VALITOR HF
VERIFONE SYSTEMS, INC
VISA, INC.
WIRECARD AG
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Email: anurag@omrglobal.com
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Company Name: Orion Market Research
About Orion Market Research
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