Blogs

Contactless payments: Everything you need to know

Explore how contactless payments work and how you can offer this payment method to meet rising consumer demands.

August 1, 2024
 ·  4 minutes

Pop quiz: How often have you left your wallet at home and relied on your phone to pay at the supermarket or your favorite retail store? If it's pretty often, you're not alone. According to our Retail Report, 27% of consumers no longer carry a wallet. Instead, they rely on making contactless payments through their phones.

Indeed, contactless payments have been gaining traction for the past few years, and this is one trend that is set to grow in the near future.

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