Contactless cards and Apple Pay are just catching on in the US

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Banks and card issuers have an incentive to make contactless more widespread. Research from A.T. Kearney suggests that banks could generate an estimated $2.4 billion in incremental card-related earnings over the next five years by introducing contactless cards. Consumers are most likely to use the payment method for small, frequent transactions in categories like groceries, fast-food restaurants and drug stores and pharmacies, the research…



Source cnbc.com

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