Product Code: ETC5533347 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The contactless payment market in Fiji is rapidly expanding as more consumers and businesses adopt digital and contactless transaction methods. The popularity of tap-and-go payments using credit cards, mobile wallets, and wearable devices has grown significantly in recent years. This market growth is driven by consumer demand for quicker, more secure transactions and the push towards a cashless society. As mobile banking and digital payment platforms become more integrated into daily transactions, the contactless payment market in Fiji will continue to evolve.
The contactless payment market in Fiji is driven by the increasing adoption of mobile payment technologies and digital wallets. With consumers seeking faster, more secure, and convenient payment options, contactless payment methods are gaining popularity in both retail and online transactions.
Fiji`s contactless payment market faces challenges related to low adoption of digital payment methods and limited infrastructure for supporting contactless transactions. While some urban areas have started to implement contactless payment systems, many rural areas still rely heavily on cash transactions. The slow rollout of point-of-sale (POS) terminals and limited consumer awareness about contactless payment options hinder the growth of this market. Additionally, security concerns and the need for widespread education on the technology may impede its acceptance.
The government promotes digital payment systems to enhance financial inclusion. Policies ensuring cybersecurity and interoperability of contactless payment platforms are critical drivers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Fiji Contactless Payment Market Overview |
3.1 Fiji Country Macro Economic Indicators |
3.2 Fiji Contactless Payment Market Revenues & Volume, 2021 & 2031F |
3.3 Fiji Contactless Payment Market - Industry Life Cycle |
3.4 Fiji Contactless Payment Market - Porter's Five Forces |
3.5 Fiji Contactless Payment Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Fiji Contactless Payment Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Fiji Contactless Payment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Fiji Contactless Payment Market Trends |
6 Fiji Contactless Payment Market Segmentations |
6.1 Fiji Contactless Payment Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Fiji Contactless Payment Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Fiji Contactless Payment Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.4 Fiji Contactless Payment Market Revenues & Volume, By Services, 2021-2031F |
6.2 Fiji Contactless Payment Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Fiji Contactless Payment Market Revenues & Volume, By Retail, 2021-2031F |
6.2.3 Fiji Contactless Payment Market Revenues & Volume, By Hospitality, 2021-2031F |
6.2.4 Fiji Contactless Payment Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 Fiji Contactless Payment Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.2.6 Fiji Contactless Payment Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.2.7 Fiji Contactless Payment Market Revenues & Volume, By BFSI, 2021-2031F |
7 Fiji Contactless Payment Market Import-Export Trade Statistics |
7.1 Fiji Contactless Payment Market Export to Major Countries |
7.2 Fiji Contactless Payment Market Imports from Major Countries |
8 Fiji Contactless Payment Market Key Performance Indicators |
9 Fiji Contactless Payment Market - Opportunity Assessment |
9.1 Fiji Contactless Payment Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Fiji Contactless Payment Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Fiji Contactless Payment Market - Competitive Landscape |
10.1 Fiji Contactless Payment Market Revenue Share, By Companies, 2024 |
10.2 Fiji Contactless Payment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |