Contactless payment system users, such as Apple Pay and Samsung Pay, are on track to hit 450 million by 2020, and Apple is going to account for half of them around the world. That’s according to a new report from Juniper Research.
Juniper Thinks Apple Pay Could Increase to 34% By 2022 Because Chip-and-PIN Sucks
While US card issuers haven’t yet made contactless a priority, the extremely positive response across Europe, both from merchants and consumers, suggests the US would see very rapid migration at POS if and when contactless cards become mainstream.
