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What percent of Americans used contactless payments during the Covid-19 pandemic in 2020?

ngpf.org 3/22/21

Q:

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QUESTION OF THE DAY

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A:

QUESTION OF THE DAY

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Over half! [51%]

Source: CNBC

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FOLLOW-UP QUESTIONS

  1. Have you used your mobile phone to make contactless payments at stores this year? Why or why not?
  2. Digital wallet transactions account for over 10% of global digital transactions. What do you think that figure will be in 10 years? Why?
  3. Recent research suggests that those using digital wallets often exhibit riskier financial behavior. Why do you think this is the case?