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WHITEPAPER

With 2023 approaching, mobile payments growth cannot seem to know an end: it is forecasted to grow 23% annually until 2025.

The development of mobile payment solutions offered to the consumer fuelled this growth over the years and the development and adoption of the Near Field Communication (NFC) technology. Since the launch of Apple Pay in 2014, several solutions were developed and are now available to consumers to pay using their smartphones NFC modules, from Google Pay and Samsung Pay on Android mobile phones on a global scale to other regional initiatives.

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