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Card network VISA said that the company is betting on Near-field communication (NFC) technology to push digitisation in the country. VISA claims to be the market leader in NFC cards with over 20 million NFC cards against an industry estimate of 30 million cards.
The company said that the infrastructure for contactless card transactions is now building. “There are one million Point of Sale (POS) terminals, which are contactless-enabled, forming approximately 30 per cent of the total POS terminals in the country and the network really kicks in when you get this kind of scale,” said Murali Nair, Head of
