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Contactless payments are as secure as chip and pin as they are transmitting transactions using the same card reader technology. However, it is been derived that some of the US consumers are not convinced that tap and pay are as safe as it is. With the increasing number of digital payments, fraud cases have reported an increase. Risk of cyberattacks has increased which as a result is decreasing the demand for a robust, secure platform for financial services. Cyber-attacks have reported the growth due to the absence of a secured system and decrypted form of data available on the global network of the internet.
A full report of US Contactless Payment Market available @ https://www.omrglobal.com/industry-reports/us-contactless-payment-market
• Market Coverage
• Market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
The US Contactless Payment Market by Device
o Smartphones
o Smart Cards
o Point of Sale Terminals
o Other
The US Contactless Payment Market by End-User
o Retail
o BFSI
o Transportation
o Others
Company Profiles
o Bank of America Corp.
o Garmin Ltd.
o Glance Technologies Inc.
o Heartland Payment Systems
o IBM Corp.
o PayPal, Inc.
o Setomatic Systems Inc.
o Square Capital LLC
o Thales Group
The Report Covers
• Comprehensive research methodology of the US Contactless Payment market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US Contactless Payment market.
• Insights about market determinants which are stimulating the US Contactless Payment market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
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