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Usability.gov The team at WebsiteBuilderExpert has put together this infographic and a detailed accompanying article on How to Choose A Color for Your Website that’s extremely thorough. Almost everyone dreads downloading yet another app as they sit down for dinner at a restaurant. As Covid-19 drove the need for contactless ordering and payments, app fatigue became a secondary symptom. Bluetooth technology is set to streamline these financial transactions by allowing touchless payments at long ranges, leveraging existing apps to do so. A recent study explained how the pandemic significantly accelerated the adoption of digital payment technologies.
4 out of 10 US consumers have switched to contactless cards or mobile wallets as their primary Fax Lists payment method since Covid-19 hit. PaymentsSource and American Banker But how does Bluetooth technology measure up against the advances in other contactless payment technologies such as QR codes or near-field communication (NFC)? It’s simple: Consumer empowerment. Gender, income, and community all influence how willing a consumer is to use mobile payment technology., it offers promising prospects for diversifying payment methods and has the potential to reach diverse populations. Here’s how Bluetooth is opening up new frontiers for financial inclusion. Democratizing Contactless Payments Covid-19 radically changed consumers’ attitudes towards contactless payments as less physical contact at Points of Sale (POS) became a necessity. And there’s no going back – the accelerated adoption of digital payment technologies is here to stay. Let’s take the situation with the shortages of microchips that have already severely affected supply.

It means cards will disappear before cash and, in turn, that would have an adverse impact on people’s access to bank accounts. Therefore, there’s a real urgency to improve payment processes before this happens. Then, even with cryptocurrency, there’s a strange dichotomy. We have a digitally stored value of currency, yet all of these crypto exchanges and wallets still deploy and issue cards. The tech behind this currency is digital, so it seems incomprehensible that there isn’t a method to make digital payments. Is it the expense? Inconvenience? Or down to mistrust? While a financial institution is always looking at ways to deploy merchant services, they can’t seem to get their hands on terminals. That’s where alternative methods are needed to deliver positive experiences at the front-end. It is Bluetooth technology that gives merchants and customers accessibility, flexibility, and autonomy in the way they choose to exchange value with one another.
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