{"id":14918,"date":"2020-05-15T13:37:40","date_gmt":"2020-05-15T13:37:40","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=14918"},"modified":"2020-05-15T13:37:40","modified_gmt":"2020-05-15T13:37:40","slug":"could-the-covid-19-pandemic-ignite-a-mobile-payment-movement","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/could-the-covid-19-pandemic-ignite-a-mobile-payment-movement\/","title":{"rendered":"Could the COVID-19 pandemic ignite a mobile payment movement?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">While the COVID-19 pandemic has been a boon for many services (e.g. remote work apps, e-learning tools and e-commerce solutions), the mobile payments industry has seen a huge plunge in numbers due to lockdowns, physical distancing measures and people reducing their discretionary spending. At the same time, retailers that have remained open are encouraging consumers that are making physical purchases to do so using mobile payment solutions as this reduces transmission risks. This has brought to light additional benefits of going cashless for many consumers, especially the ease with which it is to not deal with cash. Going forward in a post-pandemic world, we may very well see retailers implement cashless policies or create incentives for consumers to use such payment methods, kickstarting a larger-scale movement toward mobile payment technology in the long term.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-14918 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Amazon partners with Bank of America for lend-tech leap'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/amazon-partners-with-bank-of-america-for-lend-tech-leap\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/two-confident-business-man-shaking-hands-during-a-meeting-in-the-office-success-dealing-greeting-and-partner-concept_1423-185-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9878\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9878'>\n\t\t\t\tAmazon partners with Bank of America for lend-tech leap\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Infographic: the benefits of a central bank digital currency'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/infographic-the-benefits-of-a-central-bank-digital-currency\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/10\/infogr_01_en-1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15398\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15398'>\n\t\t\t\tInfographic: the benefits of a central bank digital currency\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Central bank digital currency projects aim to complement cash, not replace it'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/central-bank-digital-currency-projects-aim-to-complement-cash-not-replace-it\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/10\/bcd667f6-a195-4d75-8ab4-f43e5cf2b4391-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15453\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15453'>\n\t\t\t\tCentral bank digital currency projects aim to complement cash, not replace it\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>While the COVID-19 pandemic has been a boon for many services (e.g. remote work apps, e-learning tools and e-commerce solutions), the mobile payments industry has seen a huge plunge in numbers due to lockdowns, physical distancing measures and people reducing their discretionary spending. At the same time, retailers that have remained open are encouraging consumers &hellip;<\/p>\n","protected":false},"author":12,"featured_media":14919,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[49,477],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14918"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=14918"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14918\/revisions"}],"predecessor-version":[{"id":14920,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14918\/revisions\/14920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/14919"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=14918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=14918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=14918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}