Is Contactless Checkout Here to Stay?

Is Contactless Checkout Here to Stay?

Contactless payment took off in 2020 during the COVID-19 pandemic. It looks to be maintaining its momentum for the future. According to a study by Visa, just 16% of consumers said they would revert to traditional methods of payment after the pandemic. Also, 65% of consumers said they’d prefer to use contactless technologies after a vaccine is available.1 Among small to medium businesses, just 20% offered contactless payments for the … Continue reading “Is Contactless Checkout Here to Stay?”

How the Pandemic Is Completely Changing How We Pay

How the Pandemic Is Completely Changing How We Pay

Contactless payment options are surging in the wake of the coronavirus pandemic. Forecasts for the digital payments market are robust; it’s currently projected to grow at a compound annual growth rate of 13.7% between 2021 and 2026.1 It’s not only because people are more often shopping online. Governments are welcoming contactless solutions to fight counterfeit currency and reduce the cost of printing currency. The overall effect has been a rapid … Continue reading “How the Pandemic Is Completely Changing How We Pay”