The current pandemic has influenced many changes throughout our lives. One of the biggest changes taking place is the way businesses are accepting payment. The health of coworkers and customers have pushed for many payment methods to focus on contactless payment and omnichannel payment solutions. Mastercard has even reported that there has been a 40% jump in contactless payments. Seeing these types of payment methods trend, it can only propel the future to have these payment options more widely used. Make sure to check out the infographic below for more information about the future of shopping and payment trends.
Infographic created by First Data, a payment processing company