Contactless payments to grow 21% as popularity increases

Contactless payments are increasing rapidly as merchants add payment terminals and customers use more smart devices. This year, the market is forecasted to reach $6.7 billion, according to MarketsandMarkets. In five years, the market will reach $17.6 billion, growing at a compound annual growth rate (CAGR) of 21.2%. Read more: www.prnewswire.com