877-527-0383

Digital NFC Payment Rising

iphone-6-watch-amex-300-1.jpegNFC Payment Rising

This article originally appeared in CSP Daily News by Angel Abcede

The use of contactless payment and near-field communication (NFC) technology is expected to push digital payments worldwide to $3.66 trillion, up 20% from 2015, according to a recent study.

Tap-and-pay plastic cards, cellphones with NFC technology and e-commerce options on laptops and desktop devices are fueling the trend, reported Digital Transactions News, which cited a recent study from Juniper Research, Basingstoke, U.K.

Though laptop and desktop devices dominate e-commerce spending today, the research predicted smartphones and tablets will overtake those devices for share of purchases by 2019, with ongoing introductions of Apple Pay and Samsung Pay happening in more countries.

Continue reading here

Author Credits: 

By Angel Abcede, Senior Editor/Content Development Coordinator, CSP

3565 Piedmont Road, NE Building 1 Suite 430 Atlanta, GA 30305 877-527-0383

Disclaimer

You are leaving the Patriot Capital website. Patriot Capital is not responsible for and has no control over the subject matter, content, information or graphics when viewing links attached to Patriot Capital’s website.

You are leaving the Patriot Capital website and will be redirected to SNL Financial, our Investor Relations provider. Please be aware that privacy policies and security standards of a third party site may differ from those of Patriot Capital.

Close

Interested in what your monthly payment could be?

Complete the information below and we'll let you know.

No Thanks