Future Of digital pay in 2021
In a single term, 2020 could be defined as "contactless." Because of how far we've come in technology, mankind rapidly adjusted to the new standard as the spread of COVID-19 began to turn the planet upside down. As we cope with massive disruptions in our environment, various developments have been made in every walk of life to make it contactless in some way. To keep up with this contactless way of working, every company and transaction had to undergo a digital transformation. Payments had to suit companies as they moved online. Surprisingly, there were over 779 billion digital transactions in 2020, and this number is projected to rise at a rate of 13% in the coming years. By 2022, cash is predicted to be the least common payment form on the planet. It'll be fascinating to see what the future of payment looks like as the security of digital wallets improves with each passing day. Will it continue to grow as studies expect, or was it just a blip brought on by the pan...