“The digital wallet that allows contactless payment is rapidly becoming the payment method of choice thanks to its greater convenience. No self-respecting Millennial or GenZ consumer would be without one. Cowen Equity Research found that 70% of consumers surveyed last year planned to use more digital payment offerings post Covid-19. But it’s not just younger consumers. Everybody is leaning into the contactless payment lifestyle due to pandemic-induced heighten awareness of touching dirty surfaces.”
PayPal Is Moving Aggressively To In-Store Contactless Payments Tapping A $19B Opportunity
Forbes
