Contactless payments are transactions made by tapping either a contactless chip card or payment-enabled mobile or wearable device over a contactless-enabled payment terminal. Cards, phones, watches and other devices use the same contactless technology.
Contactless payments can both improve the checkout experience and may also increase cardholder satisfaction. Because your institution engages directly with Visa cardholders across multiple in-branch and online touchpoints, you play a critical role in helping create a positive contactless payment experience.
Haven’t issued contactless chip cards yet? Check out the links below to learn how your cardholders can tap to pay with a payment-enabled mobile or wearable device: