Contactless Payment Market
Contactless Payment Market : Restraints
The initial installation cost , government limitation to number of contactless payment transactions per day and the amount limitation that can be transacted per day are few shortfalls of contactless payment which are hindering the contactless payment market growth . Risk of spyware , malware and virus attacks due to usage of numerous systems is limiting the adoption of contactless payment globally . Low awareness of this mode of payment , especially across Asia Pacific and Latin America , is further restricting the contactless payment market growth .
Request For TOC @ http :// www . futuremarketinsights . com / toc / rep-gb-3112 Contactless Payment Market : Segmentation
Contactless payment market can be segmented on the basis of type , mode of payment , end user , technology and region . On the basis of type , contactless payment market can be segmented into hardware and software . Hardware can be sub-segmented into smart-cards , point of sale ( POS ) terminals and smart-card readers . The software segment can be sub-segmented into smartcard reader drivers , POS software , application programing interface ( API ), software development kit ( SDK ) and mobile applications . On the basis of mode of payment , contactless payment market can be segmented into smart card , smart wearable , smartphone and others . On the basis of end user , contactless payment market can be segmented into Banking , Financial services and Insurance ( BFSI ), retail , public sector , transportation and logistics , hospitality , and others . On the basis of technology , contactless payment
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