Kwami Ahiabenu,II Knowledge Chief

Payment is a key function of our economy, allowing for the exchange of goods and services. Traditionally paper money and coins were the most dominant forms of payments, recently digital payments are making inroads.  The global  COVID-19  pandemic has had the unintended effect of accelerating the use of other forms of payments aside paper money and coins. This is because paper money and coins are said to be conduits for the transmission of COVID.  The World Health Organization (WHO) is known to have issued a warning at the beginning of the  COVID-19  pandemic that paper money could carry and spread the virus.  Though this assertion is not totally conclusive, there is no harm in reducing risks associated with contact-type payments. National public health officials have taken to advising that people make use of payment options that reduce contact with persons or devices, such as POS, since contactless payment opportunities make it safe for both consumers ...