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Visa Inc. New Year, New Habits: Contactless Payments Are Here to Stay, With Only 16% of Consumers Planning to Revert to Pre-Pandemic Ways to Pay Thursday, January 14, 2021 10:36AM IST (5:06AM GMT)
San Francisco, United States:
Third edition of global Visa study highlights top areas of payment technology investment for small businesses in 2021 Study reveals 82% of SMBs have adopted new digital technologies as more than half of consumers used contactless payments whenever possible in the last three months
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.
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.