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Survey: 40% of merchants need to be equipped for contactless payments to take off

The tipping point for consumers to begin using contactless payments technologies will be when at least 40% of merchants are equipped with compatible POS terminals, according to a survey by First Data which also found that banks are the trusted and preferred provider for mobile wallet solutions.

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Survey: 40% of merchants need to be equipped for contactless payments to take offSurvey: 40% of merchants need to be equipped for contactless payments to take off

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