UK contactless payment market is anticipated to grow at a CAGR 15.0% during the forecast period. UK contactless payment market has held the major market share due to high adoption and awareness. Due to modernization trend, adoption is also growing in UK at a high rate. UK is leading the market with the value of $460 million in 2018 and is estimated to reach about $1.2 billion till 2025. UK is one of those countries which is rapidly transforming from conventional to contactless payment methods and digital technology is emerging as one of the supporting pillars for rapid transformation of financial services.
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