As we move towards a more digitized and cashless society, the future of payment methods is an important topic to consider. In my opinion, one payment method that will become increasingly relevant in the future is voice-activated payments.
Voice-activated payments, also known as voice commerce, allow users to make purchases or payments using their voice through virtual assistants like Amazon's Alexa or Google Assistant. With the rise of smart speakers and voice assistants, this technology has become increasingly popular and is expected to grow in the coming years. Voice-activated payments offer a hands-free and convenient way to make transactions, and they are highly secure, with advanced voice recognition and authentication technology.
Another payment method that will likely become more relevant in the future is instant payments. Instant payments allow users to transfer money almost instantly, 24/7, 365 days a year, and they are already widely used in many countries. This type of payment offers speed and convenience, especially for cross-border transactions, and it can be especially useful for small businesses and individuals.
Some may argue that contactless payments will be the most relevant payment method in the future. Contactless payments, which use near-field communication (NFC) technology to allow users to pay with a tap of their card or cryptocurrency trading platform, have already gained widespread acceptance and usage, and they are fast and secure.
Overall, I believe that voice-activated payments and instant payments will become increasingly relevant in the future, while contactless payments will continue to be widely used.