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8 Top Digital Payment Trends for 2021

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alex joseph
8 Top Digital Payment Trends for 2021

Cashless payments appealed to billions of people across the globe even before the pandemic. But 2020 and the ‘new normal’ acted as a turning point where people wanted to make payments contact-free and follow social distancing rules. Contactless payment technology became the safer option for people allowing the global digital payments industry to hit $5.4trn value in 2020. It is expected that the entire segment of eCommerce, eServices, and digital media transactions or eTravel bookings will hit a $5.8trn by 2025 and grow by almost 40%.

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