Contactless payments key to getting, keeping customers

According to a Visa report published earlier in 2021, contactless card payments increased 30% year over year, and some consumers refuse to shop at businesses that do not offer such payment methods. “The shift to digital payables and receivables is expected to be permanent, and companies that have accelerated adoption during the pandemic are likely to have a competitive advantage,” said Linda Cascardo of Wells Fargo’s Global Treasury Management.