We hail from an era that has made tremendous technological advancements in every sector, whether that’s healthcare, fashion, food, sports, financial, etc. However, we will mainly focus on the massive advances made in the financial sector when the whole payment system shifted rapidly to digital mode..
Gone are the days when we used to check our wallets twice before leaving home. All we need is our mobile phone to make digital payments, or smartwatches can also do the work. Digital payment has attracted billions globally, even before the pandemic scenario. However, it acted as a turning point from 2020 where people wanted to make contactless payments and maintain social distance..