Is India Ready For A Contactless Payment Revolution?

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SUMMARY

Tap-to-pay refers to a form of payment using a credit, debit, or gift card on a point-of-sale system equipped with adequate technology

Contactless payments can significantly reduce the operational costs of handling cash and traditional card payments

The widespread adoption of contactless payments fosters greater financial inclusion

Have you ever been asked, ‘does tap work on your card?’ while standing at the supermarket checkout?  In a world defined by convenient and secure financial transactions, the phrase…



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Is India Ready For A Contactless Payment Revolution?


SUMMARY

Tap-to-pay refers to a form of payment using a credit, debit, or gift card on a point-of-sale system equipped with adequate technology

Contactless payments can significantly reduce the operational costs of handling cash and traditional card payments

The widespread adoption of contactless payments fosters greater financial inclusion

Have you ever been asked, ‘does tap work on your card?’ while standing at the supermarket checkout?  In a world defined by convenient and secure financial transactions, the phrase…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Team SNFYI
Hi! This is Admin.

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