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News Digital wallets eclipse cash globally at POS for first time during pandemic, FIS study finds Thursday 25 February 2021 13:05 CET | News Global consumers made increasing use of mobile wallets and other alternative payment methods in 2020 during the pandemic, a new report released by FIS has revealed. According to the press release, the annual Global Payments Report by Worldpay from FIS examines current and future payment trends across 41 countries. Findings from the 2021 report show that lockdowns, shelter-in-place orders, and personal safety measures during the global health crisis accelerated the shift toward digital payment methods in every area of consumer spending. Furthermore, regarding in-store payment trends the FIS report found:

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