FinTech Magazine March 2025 | Page 34

THE GROWTH OF CONTACTLESS PAY

70.08 57.85

US $ bn

2024 2025

The CONTACTLESS PAYMENTS MARKET will grow from US $ 57.85bn in 2024 to US $ 70.08bn in 2025 , at a CAGR of

21.1 %

Source : The Business Research Company

60 %+

By 2026 , about 5.2 billion people , or more than 60 % of the global population , are expected to use digital wallets

Source : Global Payments

THE GLOBAL EPOS INDUSTRY is projected to grow from US $ 467.8bn in 2023 to

US $ 847.4bn in 2030

Source : Square
34 March 2025