Mobile contactless payment market to surge to US$2.5 trillion in 2021

Mobile contactless payment market to surge to US$2.5 trillion in 2021

The Edge Markets - Technology·2021-05-19 15:03

KUALA LUMPUR (May 19): Global demand for mobile contactless payment options has been on a steep uptrend in recent years, gaining additional impetus from the pandemic in 2020.

According to research data analysed and published by online trading portal Comprar Acciones yesterday, the total transaction value is estimated to be US$2.489 trillion (about RM10.27 trillion) by the end of 2021 or 24% higher than the US$2.01 trillion recorded in the previous year.

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