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【English Market Research Report】Global Market for NFC Payment Devices

Global NFC Payment Devices Market

An NFC payment device is a contactless payment system that uses near-field communication technology to exchange data between a reader and a payment device. NFC-enabled devices require a distance of less than 4 cm to initiate a connection. The increasing demand for wearable devices, the expanding adoption of contactless payment solutions, and the rising global internet penetration rate are key factors accelerating market growth.

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