Despite COVID-19 has hit the Belgian economy hard, it should give the hospitality sector and the payments industry boost

Pandemic accelerates m-commerce in Belgium – forecast. Source: pixabay.com
According to GlobalData, m-commerce is expected to be one of the beneficiaries of the pandemic in Belgium, as bars and restaurants are reopening.
The report forecasts a compound annual growth rate of 19.4% in transaction value up to 2023 and a growth of 26.3% in 2020, as consumers look for contactless payment methods.
We’ve reported that Coca-Cola Freestyle dispensers will allow consumers to buy a drink by instructing a machine to pour it for them using a phone. The company eliminates the need for signing up for a membership or downloading an app.
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