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Contactless Payments: Touch to Pay? Here’s What It Is

Stax

TL;DR Touch-to-pay is a payment method enabling customers to make a payment by tapping their phone, card, or wearable device to the payment terminal. Accepting touchpay at your business offers a myriad of benefits including faster checkouts, improved hygiene, and simplified cash management. What is Touch to Pay?

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Contactless payment options were already on the rise before Covid-19. Amazon has also been moving toward implementing contactless payment processes in its physical locations. In October 2019, robo-advisor Betterment introduced a series of cash-management products, including high-yield savings and checking with ATM.

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