Swipe, Tap, or Scan? The Future of How We'll Pay
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Fintech is going through a rollercoaster of technological changes in recent times, and this is all that the masses are talking about, as per reports by Google Trends . Remember the days when you’d hand over a note from your pocket to your vegetable vendor? Now, it’s just a quick scan of a QR code, and you’re done! Cash is no longer the king in 2024, as cashless digital transactions have taken over. The days of digging into your purse and wallet for cash have ended. Speed, security, and ease of payment are what most fintech companies are battling around, trying to provide consumers like you with the most convenient financial services possible. In the following article, we will uncover the historical shift from cash-based to cashless transactions and what the future might look like for the payment industry. Rise of Contactless payments Contactless payments have made it really easy to finish digital transactions in a snap! All you have to do is tap your card and pa...