As another impact of COVID-19, some Chick-fil-A shops are not accepting cash payments. Medical reports have appeared indicating that currency bills can carry and retain the novel coronavirus. Food store employees are already working under precarious conditions and don’t need one more thing to worry about regarding their safety, so QSR chains like Chick-fil-A may…
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Don’t miss another episode of Truth In Data! Click on the red bell in the lower left corner of your screen to receive notifications as soon as the episode publishes. Data for today’s episode is provided by Mercator Advisory Group’s report – ATM Banking: It’s Not Just About Cash Withdrawal Anymore. Consumers report that their…
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1. Added security Almost one-third of consumers and business owners agree that new technology will lead to safer payments with 31% of business owners admitting they feel safer using new payment tech, as it means they have less cash on their premises. “To the consumer, the main demands of any payment process are that it…
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Artificial intelligence, the so-called internet of things and self-driving cars are just a few examples of technologies that have migrated from science fiction to our everyday lives. Yet the lifeblood of society, money, has until recently largely been stuck in the realm of slips of paper and chunks of metal. The payments landscape has, however,…
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A new generation of bank customers is bypassing physical branches and banking via the web almost entirely in favor of completing transactions and accessing services from their mobile devices. The same goes for payments — mobile wallets, peer-to-peer payments apps and social media payments have taken the payments industry by storm. Research shows that the…
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