The Shift To A Contactless World

From sheltering at home to toilet paper shortages it is no understatement to say that COVID-19 has changed our world. The current pandemic has had a great impact on not only what is being purchased but how they make purchases. With the increase in being socially distant, contactless payment methods are being used more than ever before. In fact, 51% of Americans are using some form of contactless payment methods. It is also expected to increase by 800% between 2020 and 2024. For more information about contactless payment options check out the infographic below.

Infographic created by Clover Network, a point of sale software provider

Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.