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The NFC Payment market is a subset of the Mobile and Contactless Payments industry. It is based on Near Field Communication (NFC) technology, which enables two devices to communicate with each other when they are in close proximity. NFC Payments allow users to make payments with their mobile devices, such as smartphones and smartwatches, by simply tapping their device against a payment terminal. This technology is becoming increasingly popular due to its convenience and security.
NFC Payments are used in a variety of industries, including retail, hospitality, transportation, and banking. They are also being used in a growing number of countries around the world.
Some of the major players in the NFC Payment market include Apple Pay, Google Pay, Samsung Pay, PayPal, Visa, Mastercard, and American Express. Show Less Read more