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7 Digital Payment Trends to Watch for in 2021
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Worldwide B2B Payment Industry and Trends 2021 Report - Featuring FAB, HSBC Bank and LayerX Among Others
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Row of order desks with computer screen and card payment terminal in fast food restaurant At least 122 million Americans are at risk of digital exclusion due to a drop in cash use, including the elderly, homeless and mentally ill, research shows.
– Global Payment Trends reveals the financial and societal impact of ceasing to use cash, which has been accelerated as a result of the Covid-19 pandemic.
– The latest data shows that the use of cash as payment for online orders has dropped by 75% in the last year, now accounting for just 1% of all transactions.
– 567,715 people are estimated to be homeless in America, while a further 55.9 million Americans may struggle to use digital payments due to old age.
Digital Consumer Payment Trends in the United States - COVID-19 Pandemic Pushes Digital Commerce into Overdrive
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