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Businesses and Consumers Adopting Contactless Payments The crisis caused by the coronavirus has resulted in behavioral changes in how we pay for goods and services. The psychological factor of people deeming cash “unsanitary” — coupled with the perceived higher risk of spreading germs when handing over cards and receipts or touching screens and buttons — has business owners searching for solutions that limit physical interactions.
READ MOREThere is a lot of information being thrown at U.S. business owners and operators right now. Despite the amazing efforts of these groups to quickly adapt so they can continue to serve their communities and customers in the wake of this pandemic, there is more to be done.
READ MOREWhat is a Contactless Payment and Why is it Trending? Pre-COVID-19, few people thought much about how they paid for goods and services. The choices were binary: “cash or card,” “debit or credit,” “insert or tap.” But once the coronavirus pandemic hit, everyone avoided touching anything that could spread germs, and how we pay suddenly shifted.
READ MOREIn 2015, the United States saw a major shift in consumer payment methods from traditional magstripe cards to EMV-chip cards. This transition is referred to as the EMV liability shift. With the majority of U.S. consumers now paying with chip cards, the next wave of technology has rolled out and adoption is rising: contactless payments.
READ MOREEditor’s Note: This post was originally published in November 2019 and has been updated to include helpful information about features of the ZeroTouch Terminal that eliminate unnecessary touch points between customers and employees in the wake of the COVID-19 crisis.
READ MORECOVID-19 has forced us all to evaluate social interactions, and has underscored the importance of washing our hands and sanitizing surfaces to reduce chances of transmission.
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