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by Editorial Team Contactless Payments Are Here to Stay in 2021, With Only 16% of Consumers Planning to Revert to Pre-Pandemic Ways to Pay January 13, 2021 – SAN FRANCISCO–(BUSINESS WIRE)–As the one-year mark of the Covid-19 pandemic approaches and digital payments play a larger role in daily life around the world, there will be no reverse gear on consumer behavior as we head into 2021. In the third edition of its global research study, the “Visa Back to Business Study – 2021 Outlook,” Visa (NYSE: V) found that the continued small and micro business (“SMB”) shift towards digital commerce will evolve in the New Year and bring an increased focus on areas such as security and fraud prevention, and more emerging payment tools such as ‘buy now, pay later’ and mobile payment acceptance.

United statesHong kongUnited arab emiratesKevin phalenHong kong smbsEditorial teamWakefield researchVisa incPayments are hereWith onlyConsumers planningPre pandemic waysBusiness studyNew yearPayments are here to stayMeet consumers where they are