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Is India Ready For A Contactless Payment Revolution?

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SUMMARY

Tap-to-pay refers to a form of payment using a credit, debit, or gift card on a point-of-sale system equipped with adequate technology

Contactless payments can significantly reduce the operational costs of handling cash and traditional card payments

The widespread adoption of contactless payments fosters greater financial inclusion

Have you ever been asked, ‘does tap work on your card?’ while standing at the supermarket checkout?  In a world defined by convenient and secure financial transactions, the phrase…

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