Juniper Research: Contactless Payments Transaction Values To Surpass $10 Trillion Globally By 2027; Catalysed By Growing Mobile Payment Adoption

BASINGSTOKE, England, Sept 12 (Bernama-BUSINESS WIRE) — A new study from Juniper Research has found that the value of contactless payment transactions will reach $10 trillion globally by 2027; from $4.6 trillion in 2022. It anticipates that investment in the underlying contactless payments ecosystem, such as contactless‑enabled POS (Point-of-Sale) terminals and device-level support, will be the key driver of contactless transactions value growth over the next 5 years.

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