Contactless payments jump 40% as shoppers fear germs on cash and credit cards, Mastercard says

Contactless payments jump 40% as shoppers fear germs on cash and credit cards, Mastercard says

Shoppers are increasingly paying in ways that don’t involve touching cash, or handing over a credit card, because of fears of the coronavirus, according to Mastercard. 

The credit-card giant reported a 40% jump in contactless payments — including tap-to-pay and mobile pay — during the first quarter as the global pandemic worsened.

Mastercard CEO Ajay Banga said the trend was being driven by…

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