As a society we are continuing to transition from physical cash to various digital payment methods. As this develops many new trends will appear and disappear. From a business perspective it is highly convenient to collect payments via digital or mobile technology instantly when a product or service is sold. It provides a fast, secure, encrypted and is very convenient for the customer. Security in the area of digital and mobile payments is a key priority for all parties. Consumer and business convenience must go hand in hand with creating secured authentication of payments. The presences of machine learning is
Digital and mobile payment trends in 2020
