Before the Covid-19 pandemic, many merchants in physical stores thought contactless payments were a fashion fly. Most saw no reason to implement contactless systems. After all, they were expensive to install and difficult to operate with little obvious return on investment. Then came the coronavirus. Everything was changed for contactless payments. Now consumers are unwilling … Read more Are QR codes an option for contactless payments?
Once excellent as the future never reached contactless payments mass popularity. Buyers preferred the familiar sweep, dip, PIN code and signature. The Covid-19 pandemic is likely to change that as consumers are now more aware of what they are touching. In this article, I will discuss NFC (near field communication), the technology that drives almost … Read more Covid-19, NFC, and the future of contactless payments