Finance Minister predicting big rise in digital cash payments
Digital wallet systems like Samsung Pay, Google Pay and Apple Pay which preceded the COVID-19 outbreak held a low percentage of market usage when compared to other digital payment set-ups. But according to recent statistics the pandemic has seen usage of these forms of payment rise by more than 50%, and financial forecasters are predicting an even bigger rise as the pandemic continues. “In the developed world, pre-COVID, people use …