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


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…


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