Contactless card transaction values will reach $2.5 trillion by the end of the year according to new research by Juniper.
The report suggested that global contactless card transaction values will rise from $1.7 trillion from last year to $2.5 trillion by the end of this year, with cards retaining the majority share of overall contactless transaction values at 79 per cent.
Juniper believes the pandemic has significantly accelerated the already existing contactless card usage trend and will continue to do so into the future.
