Postponement Notice
NEWS
Location:Home > News > Industry
COVID-19 impact on cash payment threatens industry viability
26
05
2020

With ‘dirty cash’ identified as a medium for transmitting COVID-19 the final curtain is slowly closing on cash payment. Though cash use was predicted to decline over the coming years, COVID-19 has catalysed an acceleration in this decline. For a long time cash has been king in the Vending market, however with innovation in contactless payment technology and corresponding growth in consumer adoption, momentum has steadily grown towards a time in the near future when the majority of vending machines only take contactless payment.

 

Source: vendinginternational-online

VIP Matching Meeting