Contactless payments have been a popular payment method in other countries such as the U.K. and Australia for several years and it seems the U.S. may be catching up in this FinTech technology trend. According to a recent survey, 44% of U.S. adults feel that contactless payments will become a major form of payment within the U.S. in the next five years.

Contactless payments include the use of debit and credit chips cards, mobile phones, tablets, and other devices. With a contactless payment, there is no physical contact required between the payment device and the terminal. As U.S. consumers demand more convenient payment methods, the trend of contactless payments in the U.S. will continue to gain popularity. For all the latest industry news, visit us here: