Rise of Contactless Payments Transforming In-Store Retail

DATE: Fri, Aug 15, 2025
PUBLICATION: TechCo

Contactless payments via cards and mobile phones are transforming in-store shopping, with retailers racing to ensure they have the equipment needed to keep up with customer expectations.

According to research from Statista, by 2021, Near Field Communication (NFC) or other contactless payment technologies are projected to generate nearly $190bn in sales in the US, up from $113bn this year.