Are Contactless Payments Finally Poised for Adoption?

Abstract: Two types of contactless payments, near-field communication (NFC) and quick response (QR) code, have seen a boost from the COVID-19 pandemic.

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

JEL Classification: E42;

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Payments System Research Briefing

Publication Date: 2021-04-14

Pages: 6