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Contactless payment in retail are set to pass $1 Trillion by 2019

Over the next few years contactless payment to retailers via cards, mobile and wearables will reach $1.3 trillion globally by 2019, over double the amount predicted for this year. According to Juniper Research based in Hampshire, cards will contribute the most in total contactless transactions, accounting for 80 percent of payment in 2019 and will account for more than $2 trillion worldwide by 2021.