London Contactless Payment Launch To Test European Business Models ABI Research has announced results from a study of contactless payments adoption concluding "worldwide demand for contactless hardware, software, and services to support contactless adoption will reach more than $1 billion by 2012, up from just $260 million in 2007." ABI also commented that the success of the upcoming trial of contactless in London "will rest on [the banks' and card associations'] ability to convince both retailers and consumers of the value of contactless payments." check this interview with m/c http://www.contactless-intelligence.tv//retail_roundtables/17th_july/017_oliver/017_retail_interview_oliver_steely.mov
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