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Re: stervc post# 142897

Saturday, 04/10/2021 12:47:06 AM

Saturday, April 10, 2021 12:47:06 AM

Post# of 227871
Plastic payment cards, for decades a default mode of payment, are being passed over for electronic payments made with digital wallets held in proximity to point-of-sale terminals. Contactless payments, which include digital wallets and contactless cards, surged 40% in the spring of 2020, as people sought to avoid touching germ-carrying cash or payment terminals.*



*CNBC, Contactless payments jump 40% as shoppers fear germs on cash and credit cards, Mastercard says,” by Kate Rooney, April 29, 2020



https://www.cnbc.com/2020/04/29/mastercard-sees-40percent-jump-in-contactless-payments-due-to-coronavirus.html

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