Digital Payments

Digital Payment Innovations After COVID: How Forex Can Benefit

COVID-19 has had an unprecedented effect on the world, leaving many businesses struggling to keep up with the ever-changing landscape. As consumer behaviour shifted to online purchases to minimise contact, digital payments have become a popular alternative to traditional payment methods. Post-COVID, the global shift towards digital payments has been accelerated, with innovations such as Contactless Payments, Digital Wallets and Mobile Money creating new opportunities for businesses to take payments. These new digital payment solutions enable businesses to reduce human contact, improve security, reduce fraud and offer customers greater convenience. As digital payments become the new norm, businesses must make sure they are keeping up with the latest payment technologies and trends in order to ensure they have the capability to remain competitive.