The recent outbreaks of the coronavirus have led many people to question whether they should use cash or credit cards for payment. The answer is, neither. This is because both are vulnerable to contamination with the virus which can be transmitted via contact with money and touchscreens respectively. If you want to avoid any risk of picking up this nasty infection, then it’s best not to handle your money or swipe your card at all – just pay by another means entirely such as PayPal! In the wake of these infections, many small businesses have turned to other kinds of payments methods. In fact, according to a recent survey from Paypal, 80% of Canadians are more open to using PayPal for online transactions than they were before the coronavirus outbreaks. This is because it’s an easy way to avoid coming into contact with cash or a card that could potentially be contaminated. Moreover, PayPal is a digital payment method so you don’t need to worry about touching your very germ-prone smartphone screen either!
1. The Rise Of Digital And Cashless Payments Amid Coronavirus Fears
Recently, many consumers have been shying away from using cash in fear of the coronavirus. The fear is mostly caused by the hard-to-control virus being transmitted through contact with money and touchscreens. This situation led to the increase of using Online Payment Gateway options, as a form of precaution against the virus itself. If a consumer wants to avoid picking up this nasty infection, they should not handle their money or swipe their card at all. The best way for them to do so is to use another payment method such as PayPal. For many consumers, the coronavirus has made them more open to using PayPal over other forms of payment. According to an article on CBC News, 80% of Canadians are more likely to use PayPal now than before. This is because PayPal is a digital payment method that gives consumers the ability to avoid contact with cash and touchscreens.
2. Why Cash Is Not The Safest Form Of Payment
There are a number of reasons why cash is not the safest form of payment, but there are two that stand out the most. The first is that cash transactions have been found to be a major mode for transmitting contagious diseases such as coronavirus, influenza, and tuberculosis. The second reason is that you don’t know who has handled the money beforehand. No matter where or how it’s been used, you have no way of knowing if it’s contaminated with germs so going up to a cash register and handing your money over to someone else puts you at risk of catching something.
3. Ways To Avoid Contamination With The Virus, Including Paying By Paypal Or Another Means Entirely
One way to stay safe from coronavirus when you’re making transactions is by using cashless methods of payments. One example of a cashless method is paying with your credit card. Credit cards are a safer option than cash because the risk of contamination is less likely when you hand them to someone else. In addition, there’s no risk of touching a contaminated touchscreen when you’re entering your card information into the machine. Another way to avoid contagion is by going digital and using PayPal or another prepaid debit card that doesn’t require a pin number or signature. Both these types of payment methods are quick and really convenient for consumers because they allow consumers to make purchases without having to carry around large amounts of cash in their wallets.
4. Even Small Businesses Are Turning Towards Digital And Cashless Payment Options
Some small businesses have started to avoid the cash-only payment system. They have turned to other methods that do not require cash, such as credit cards and PayPal. In addition, retailers are using wireless card readers so customers can pay with a debit or credit card at checkout without touching anything. This is a much safer way for both the customer and the retailer when avoiding spreading infection from being transmitted through money or touchscreens. Although cashless payments are becoming popular for retail, restaurants, and other small businesses, there are still some people that would prefer to not pay by credit card. For example, if you’re using a service only once or twice a year then having to get a credit card just for that one time is annoying. However, some people believe that they can use cash for these types of transactions because it’s less traceable than paying by credit card.
If you’re looking for new ways to be more efficient with your money, cashless payments are a convenient option. The reason that many consumers have turned towards digital and cashless payment options is that it allows them to avoid contact with money or touch screens which can transmit the coronavirus. To protect yourself from this nasty infection, you should use other forms of payment methods such as PayPal or credit cards when possible. This way, you’ll never need to worry about picking up germs on your hands again!