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Indian Contactless Payment Market Growth, Size, Industry Report & Forecast to 2025

Indian Contactless Payment Market Size, Share & Trends Analysis Report by Device (Smartphones, Smartcards, Point of Sale Terminals and Others) By End-User (Retail, Transportation, BFSI and Others ) Forecast period (2019-2025)<br>

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Indian Contactless Payment Market Growth, Size, Industry Report & Forecast to 2025

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  1. Orion Market Research Indian Contactless Payment Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our Report on Indian Contactless Payment Market: https://www.omrglobal.com/request-sample/indian-contactless-payment-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404

  2. Indian contactless payment market is anticipated to grow at a CAGR 17.4% during the forecast period. India is transforming into a digital nation with the adoption of internet services in the sectors of automotive, healthcare and manufacturing. With the service sector being the major contributor to the country’s economy, software services are playing a crucial role in the growth of the service sector. According to IBEF (India Brand Equity Foundation), India’s IT industry is growing exponentially with a growth rate of 30% annually. Request a Free Sample of Our Report on Indian Contactless Payment Market: https://www.omrglobal.com/request-sample/indian-contactless-payment-market India has promising opportunities in the fin-tech sector and the growth is substantially high due to increasing cyber threats in the country. India is considered a potential market for the fintech sector due to the availability of large untapped informal economy and the government is also pushing the investments in the fin-tech sector in order to boost the contactless payment transactions. A Full Report of Indian Contactless Payment Market is Available at: https://www.omrglobal.com/industry-reports/indian-contactless-payment-market Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) launched the National Payment Corporation of India (NPCI) in collaboration for payment and settlement infrastructure. Collaboration has launched BHIM (Bharat Interface for Money), an UPI (United Payments Interface) app for financial transactions. The major companies that are active in the market include Gemalto NV, Giesecke & Devrient GMBH, Heartland Payment Systems, IBM CORP., Infineon Technologies AG, Valitor HF, Verifone Systems, INC, VISA, INC. and Wirecard AG. Secondary Sources Include •Financial reports of companies involved in the market. •Whitepapers, research-papers, and news blogs. •Company websites and their product catalog. Market Segmentation Indian Contactless Payment Market by Device •Smartphones •Smart Cards

  3. •Point of Sale Terminals •Other Indian Contactless Payment Market by End-User •Retail •BFSI •Transportation •Others For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/indian-contactless-payment-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404

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