Mobile wallet transaction volumes overtake cash payments in stores

Contactless in-store payments made with a mobile wallet worldwide exceeded in-store cash payments for the first time during 2020, new research reveals. Overall, cash usage fell by 10 percentage points, accounting for 20% of all face-to-face payments globally, the Worldpay from FIS Global Payments Report 2021 states, while the number of contactless digital wallet payments […]

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