PayThink Cash’s decline creates new roles for EMV specifications
DATE: Fri, Aug 15, 2025
PUBLICATION: PaymentsSource
Perhaps the most significant trend for face-to-face payments during the pandemic has been the increasing reduction in cash usage. Consumers have shifted from cash to card payments, a method that many retailers prefer during this time. This shift falls in line with guidance from global public health bodies for consumers to use alternatives to cash where possible.