© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - How Contactless and Other Modern Payment Methods Can Fight the Spread of COVID-19
Posted 30th March 2020

How Contactless and Other Modern Payment Methods Can Fight the Spread of COVID-19

Physical contact is the primary culprit behind the unmitigated spread of COVID-19, also known as the novel coronavirus. This is why authorities all over the world are scrambling to lessen overall person-to-person contact in people’s day-to-day interactions.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

How Contactless and Other Modern Payment Methods Can Fight the Spread of COVID-19

How Contactless and Other Modern Payment Methods Can Fight the Spread of COVID-19

Physical contact is the primary culprit behind the unmitigated spread of COVID-19, also known as the novel coronavirus. This is why authorities all over the world are scrambling to lessen overall person-to-person contact in people’s day-to-day interactions. Citywide quarantines, curfews, lockdowns, and social distancing measures have become commonplace as the entire world struggles to contain COVID-19, which has already claimed lives in the thousands.

Further compounding this problem is the fact that the virus can survive not just in the human body, but on a variety of surfaces as well, any number of which can become contact points for people to contract the disease. Research has shown that some strains of COVID-19 can stay alive on inanimate metal or plastic surfaces at room temperature for up to 9 days. Meanwhile, different studies on Medical News Today suggest that the virus is also able to survive on paper surfaces for anywhere between 3 hours to 5 days. Healthcare workers and those on the frontline in the fight against the virus also warn that it’s possible for some carriers to not show any symptoms at all. While this means that not everyone is susceptible to getting sick or dying from COVID-19, it also means that anyone can transfer it to another person or surface, whether or not they have symptoms.

All of these facts pose a big problem for a world that’s dependent on the exchange of physical currency. The good news is that the solution could already be in the palm of our hands. As heard previously from Jared Jesner, CEO of WeSwap comments that completely cashless transactions have been slowly becoming the norm in society even before the unprecedented spread of COVID-19.

The use of cash and cash machines have decreased in general as people veer towards comparatively more secure and much more convenient plastic or digital methods of payment. FIS Global indicates how portable card machines today not only accept payments through services such as Samsung Pay, Android Pay, and Apple Pay, but can also be connected through Bluetooth or Wi-Fi. These features have only become more valuable now in the time of the COVID-19 pandemic. As financial ‘safety and security’ take on a whole new viral meaning, contactless and other modern payment platforms are stepping up to enable regular commerce while still adhering to social distancing and other disease-fighting measures.

In fact, some businesses and services in the city of London are already enforcing card-only payment only methods to reduce instances of physical contact and possible transmission. In Ireland, the Minister of Finance has already requested banks to raise limits for contactless payments to €50 (£45), and the Banking Payments Federation Ireland has already taken measures to implement raised limits across the board. If you want to do your part to mitigate the spread of COVID-19, Business Insider released a comprehensive guide on how Google Pay, Apple Pay, and other contactless payment platforms can be used for a variety of daily transactions. By switching to any one of the more convenient digital payment methods available today, you could be protecting yourself, your family, and your neighbourhood from this deadly pandemic.

Categories: Finance


You Might Also Like
Read Full PostRead - Eye Icon
Poll Reveals Most UK Workers Are Putting IT Networks At Risk
Leadership
12/12/2019Poll Reveals Most UK Workers Are Putting IT Networks At Risk

Nearly half of working Brits are visiting sites or opening email attachments that could cause a virus, malware or ransomware attack, according to a new UK-wide study commissioned for strategic IT consultancy, Aura Technology*. The anonymous poll of 2,000 offic

Read Full PostRead - Eye Icon
Manufacturing Growth Going Steady
Finance
24/03/2015Manufacturing Growth Going Steady

Activity in the manufacturing sector remained broadly steady in March, according to the CBI's latest Industrial Trends Survey.

Read Full PostRead - Eye Icon
10 Simple Ways Small Companies Can Gain Control Over Business Costs
Finance
01/12/202510 Simple Ways Small Companies Can Gain Control Over Business Costs

10 Simple Ways Small Companies Can Gain Control Over Business Costs Running a small company is not easy. Costs keep going up, and you feel them in every part of the business. When you do not watch your money, it starts to walk away on its own. The good news is

Read Full PostRead - Eye Icon
Two Decades of Endless Success
News
26/07/2022Two Decades of Endless Success

A company that is relentless in its devotion to customer service, innovation, and conservation, Lucion Services, in its 20 years of operating, has become a frontrunner in its industry.

Read Full PostRead - Eye Icon
Driven by Success: Auto Europe Group – Imad Khalidi CEO of the Month: USA
Leadership
05/07/2016Driven by Success: Auto Europe Group – Imad Khalidi CEO of the Month: USA

For over half a century, Auto Europe has been a leader in worldwide car rental services.

Read Full PostRead - Eye Icon
CEO of the Year, UK
Leadership
18/03/2016CEO of the Year, UK

CEO of the Year, UK

Read Full PostRead - Eye Icon
Steps You Can Take to Prevent and Mitigate Cybercrime in Your Company
Innovation
21/10/2022Steps You Can Take to Prevent and Mitigate Cybercrime in Your Company

In 2022, the war on cybercrime is continuing as criminals get savvier and continue to seek new ways to exploit businesses and the public online. Back in 2016, we noted here at Acquisition International that cybercrime was a looming threat. It's therefore no su

Read Full PostRead - Eye Icon
Investors: Act On ‘Double Edged Sword’ Strong Dollar Environment
Innovation
19/01/2015Investors: Act On ‘Double Edged Sword’ Strong Dollar Environment

Despite the Swiss Franc grabbing the headlines recently, the US dollar will continue to make gains over other major currencies in 2015, says deVere Group strategist

Read Full PostRead - Eye Icon
Kosmos Energy Makes Significant Gas Discovery Offshore Mauritania
Strategy
27/04/2015Kosmos Energy Makes Significant Gas Discovery Offshore Mauritania

Kosmos Energy announced today that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a significant, play-opening gas discovery.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow