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⍰ ASK What impact did the growth of the gig economy have on the adoption of electronic payments in the U.S.?

The gig economy, with jobs like Uber and Lyft, made electronic payments super popular in the U.S. Gig workers liked getting paid quickly and securely through apps, so they didn't need to deal with cash or checks.

As more people joined the gig economy, they wanted easy and flexible ways to get paid, and companies made sure to provide that. Using electronic payments on digital platforms became a must for gig workers, creating a world where fast and simple transactions were the norm.

The gig economy's love for electronic payments not only changed how people earn money but also influenced everyone else to use digital payments more. Now, electronic payments are a big part of the gig economy, showing how things have changed in how people get their earnings in the U.S.
 

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