Explain various contactless payment business models

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1. Briefly explain the technology associated with "Contactless Smart Card.

2. Explain various "Contactless Payment" business models.

3. Discuss the implementation challenges associated with "Contactless Payments" for the U.S. Mass Transit industry.

4. Discuss barriers to consumer adoption of contactless payments.

5. Discuss various benefits to consumers and transit operators with the use of contactless payment.

Reference no: EM131148166

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