Increasing adoption of NFC, QR codes and biometrics drives growth across cardless ATM market

Increasing adoption of NFC, QR codes and biometrics drives growth across cardless ATM market

The global cardless ATM market will have increased in value by US$2.11bn by 2026, an expansion driven by the growing adoption of NFC- and QR code-enabled smartphones and the emergence of biometric ATM technology, according to a Technavio forecast. North America will account for more than half of the growth in market share (53%) owing to the increasing popularity of contactless payment services in the region, the researchers say. “The increased penetration of smartphones is driving market growth, especially in …