After the slow beginning stage, contactless smart card makes great success,amount of smart cards and volume of trading process in 2016 increased a lot. With new authority application of Visa and Master card, the popularity of contactless smart card and terminal will develop in high speed. According to RBR search report,it predicts that payment card statistic of 2020 will grow 8 times than 2014.
Issuer of contactless smart card thinks that contactless method could reduce dependence on cash, trading time cost while it is convenient to change cards to strengthen practical functions. RBR predicts that contactless smart cards published by Europe will grow 2 times amount to reach 700 million, which will take 40% of payment card.