KEY POINTS
  • Amid the coronavirus crisis, Americans are abandoning cash almost entirely in favor of “tap and go” transactions.
  • Experts say that the growing trend of contactless payments is here to stay even when the pandemic is over.

Not wanting to touch anything is having a dramatic impact on consumer habits.

Amid the coronavirus crisis, Americans are abandoning cash almost entirely in favor of "tap and go" transactions and have finally embraced contactless and digital payment methods after years of reluctance.