near field communications

Banking and finance concept Hand of woman using payment terminal with mobile phone with NFC technology credit card reader

Global Mobile Card Reader Market to Increase Over 50% in Next Four Years

The global mobile card reader market is expected to grow at an impressive rate of 54% from 2017 through 2021, according to research from Technavio. The report also found people are mostly likely to pay with magnetic stripe, chip-and-PIN and near field communication (NFC) at mobile card reader terminals, and the magnetic stripe was the most