Contactless Payments Are On the Rise — Are You Ready?

Contactless Payments Are On the Rise — Are You Ready?

Contactless payments are becoming increasingly popular among consumers. Spurred by the COVID-19 crisis, a growing number of consumers are deciding against physically inserting or swiping their credit and debit cards and instead paying via contactless cards and digital...
Cash Down, Credit and Electronic Payments Up

Cash Down, Credit and Electronic Payments Up

It appears that the COVID-19 pandemic had a significant impact on how people pay for goods and services. According to the Atlanta Fed’s 2020 Diary of Consumer Payment Choice, the use of cash for payments dropped substantially in 2020, offset by a rise in...