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The Cashless Payment market within the context of Bank Cards is a rapidly growing sector of the financial services industry. It is a form of payment that allows customers to make purchases without the use of physical cash. Bank cards are the most common form of cashless payment, allowing customers to make payments with a debit or credit card. This type of payment is becoming increasingly popular due to its convenience and security.
The Cashless Payment market is also driven by the increasing availability of digital payment solutions. These solutions allow customers to make payments online or through mobile applications. This has enabled customers to make payments quickly and securely, without the need for physical cash.
The Cashless Payment market is also being driven by the increasing adoption of contactless payment technology. This technology allows customers to make payments with their bank cards without the need to enter a PIN or sign a receipt. This has made payments more convenient and secure for customers.
Some of the companies in the Cashless Payment market include Visa, Mastercard, American Express, PayPal, Apple Pay, and Google Pay. Show Less Read more