The growth of contactless payments in the world is due to many factors
Due to the global COVID-19 epidemic, the volume of contactless transactions worldwide is expected to increase significantly. This is mainly due to people’s desire to reduce the number of contacts with cash. Despite the low probability of infection with coronaviruses via paper bills, regulators in all countries recommend that cashless payments be preferred.
Ingenico, the maker of POS terminals and payment solutions, has introduced infographics showing the impact of coronavirus on contactless payments in the world.
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