Blog - Payreto

Payreto

How is payment processing transforming in a digital era?

2023/02/01

The global health crisis of COVID-19 bought about an economic downturn along with a change in consumer behaviour towards payments. A major shift took place with the decline of cash usage following hygiene concerns, with cash payments having declined by 16% globally in 2020, according to the 2021 McKinsey global payments report. Consumer payments migrated […]