Almost every sector of society has been impacted by the current COVID-19 crisis – from school to work to social gatherings. The retail and hospitality industries are no exception, with many businesses scrambling to change how they accept payments from customers.
Even before the pandemic, cash was already on the decline – with an estimated 33% of Americans no longer carrying paper money. With new social distancing guidelines and less in-person shopping, businesses are even more incentivized to offer contactless payment options that help minimize physical interaction between employees and customers.
Read moreThe Future of Shopping and Payments in a Post-Pandemic World
