Briefing

How the COVID-19 Pandemic May Reshape the Digital Payments Landscape


Abstract: Despite an increase in payments made via online or mobile channels in recent years, many consumers have not yet adopted digital payments. The COVID-19 pandemic may be shifting more consumers toward digital payments, along with industry and legislative initiatives designed to facilitate broader access.

Keywords: Pandemic; Digital Payments; Payments; COVID-19;

JEL Classification: E42;

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File(s): File format is application/pdf https://www.kansascityfed.org/documents/7581/psrb20tohtran0624.pdf
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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Payments System Research Briefing

Publication Date: 2020-06-24

Pages: 10