Global Proximity Mobile Payment Market to Reach US $57.9 Bn over 2017-2022 - Propelled by Rising Smartphone Use
Proximity mobile payment is payment carried out via wireless methods through smartphones or other mobile devices. Proximity mobile payment can be conducted in various ways and has become a standard in numerous sectors due to the convenience it provides to customers as well as proprietors in carrying out cashless transactions smoothly and quickly. Proximity mobile payment technology requires extensive installation of accompanying infrastructure, making it too expensive for a number of enterprises. However, the steady rise in the adoption of...
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