Sending a text to pay for a bus ticket in France, using a QR code to buy groceries in China, tapping a sales terminal with a mobile phone in the US, or carrying out an international payment through an app in Thailand.
Even before Covid-19, these ways of paying for goods and services were evidence of a steady shift to digital payments – a shift that might ultimately lead to an increasingly cashless global economy. Global cashless payment volumes are expect to grow by more than 80% from 2020 to 2025, from about 1 trillion transactions to almost 1.9 trillion, and to almost triple by 2030, according to analysis by PwC.
But what will be driving this process? As 2023 is approaching, Qorus decided to take a look at the some of the main payment trends that will be shaping sales over the months and years to come – read on for valuable insights!
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