Contactless Smart Cards, RFID, Payment, Transit and Security

Report looks at future of payments

Thursday, June 12, 2008 in News

Market research group Business Insights has made available a new report examining the future of the payment industry as it moves toward the long-awaited “cashless” society. The report considers the current global market for payments technologies and provides an analysis of how the sector could evolve.

Among the areas examined are the security issues surrounding contactless payments, and what makes this type of transaction appealing to both merchants and consumers, with a focus on the benefits of contactless payments’ speed. The report also outlines what Business Insights’ analysts believe is needed to further the success of contactless payments.

For more information go here[end] 

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