Nov 22, 2023
Consumers have more choices than ever before when it comes to paying for goods and services.
Convenient, Safe, and Innovative: The New Payment Trends for Retailers.
Consumers are embracing innovative payment methods, with 60% open to digital shopping options. The pandemic has permanently shifted payment habits for 70% of consumers, diminishing the use of cash. Retailers respond with 1/3 planning new payment options. From digital wallets to QR codes, these trends reshape payments. Cashless methods prevail, constituting 75% of transactions. Retail is evolving towards secure, convenient, and tech-driven transactions.