Fears concerning health and safety amid the COVID-19 pandemic are driving many toward alternative payment methods, according to an article by Chloe Aiello from Cheddar.
Johnson said these new consumer preferences are good for innovation and have accelerated the adoption of cashless and cash-light payment options, even for cash-heavy industries like cannabis. Once consumers get used to paying with credit, debit, or contact-free digital payment apps like Hypur, Johnson said it’s hard to turn back.
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