Payment solutions other than credit or debit cards were most popular

 

In 2020, there was a massive change in the way consumers used payment solutions. While the fact remains that such services were growing in popularity in the last couple years, online buying facilities became considerably more convenient during the pandemic. Consequently, customers realised that mobile wallets and other digital settlement methods offer greater security. Thus, they were more inclined to opt for these alternative payment methods rather than credit or debit cards. Due to their convenience and increased safety, these financial services became more popular.

Alternative payment solutions are more convenient © Royalty-free image