Amazon made a series of announcements that illustrate their strategy to expand access to consumers through Alexa Auto.
| | | | FEATURED CHART CONSUMERS ADVISED TO USE CONTACTLESS PAYMENTS AMID THE CORONAVIRUS OUTBREAK: The World Health Organization (WHO) has suggested that people use contactless payments instead of cash when possible to help curb the coronavirus outbreak, per Finextra. This could help limit the spread of the coronavirus via cash, which has been found to carry hundreds of species of microorganisms in the past, according to Time.
The coronavirus outbreak could lead consumers to make more contactless transactions and have a lasting impact on their payment habits. If consumers are concerned about the spread of the coronavirus and consider the WHO’s advice, they may make more payments with contactless cards and devices until the outbreak subsides. And it’s possible that consumers who start regularly making contactless payments will continue to do so after they’re no longer concerned about the coronavirus, either out of habit or preference. Because of this, the coronavirus outbreak has the chance to popularize contactless payments — even in markets that have been slow to adopt the option, like the US — and accelerate many markets’ shift away from cash. | | | Like What You're Reading? Stay on top and join Payments & Commerce Pro today to receive:
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