Ultimately, whatever options banks and fintechs deliver for this next phase of the pandemic must appease not only the merchants but their customers as well.
(TD Bank) Back to all News October 21, 2020 - COVID-19 > United States > 72% implemented enhanced delivery and online/mobile ordering in response
COVID-19 transformed payment offerings such as contactless, mobile and online payments from ‘nice to haves’ to ‘must haves. Although we have previously been behind other countries in the adoption of contactless payments and other merchant offerings, this may be the catalyst the U.S. needed to bring heightened awareness of the benefits of these products.
The No. 1 concern the businesses have is does the consumer feel safe?