The U.S. is finally embracing contactless payments, which will likely accelerate the move away from cash in favor of credit, debit and mobile wallets. And it's largely thanks to hurried commuters.
As early as this spring, New York City subways and buses will enable riders to tap a contactless bank card or their mobile wallet at turnstiles, according to the Metropolitan Transportation Authority, which runs America's largest urban transportation network.
"The ability to tap through the turnstile is going to be great," said Chris Reid, an executive vice president of cyber, intelligence and data services at Mastercard. "It drives a huge amount of efficiencies for the transit system."