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Coronavirus has caused an unprecedented surge in the demand for contactless payment, but the U.S. is unlikely to stop using cash anytime soon.
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The Covid-19 pandemic is expected to cause a drastic decline in cash usage due to the risk of contamination. “Over the past six to eight months, we’ve seen the use of cash decline even further, and that’s a trend I think that we’re going to see continue,” said Jodie Kelley, CEO of Electronic Transactions Association….
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