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How small retailers can manage the move to the new cashless payment era
After the coronavirus crisis, it seems clear that the future of in-store consumer sales transactions will be contactless payment. Companies that haven’t already adapted will have to invest. Alternative finance can help small retailers afford the shift. Contactless payment was already gaining significant traction, both in terms of contactless card and mobile wallet use, before the coronavirus hit, but the changes in consumer behaviours forced upon society by the crisis have accelerated its use across all population segments. The move to increase the contactless card limit to £45 per transaction is an indicator of this shift. The sea change in how consumers ... [Read More...»]
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