“Visa says 50% of its face-to-face transactions happened at contactless-enabled merchant locations as of June, meaning the merchant’s point-of-sale equipment was enabled, and not just capable, of conducting a contactless card payment. Unlike mobile payments, in which consumers use smart phones to make tap-and-go payments with digital versions of cards, contactless credit and debit card payments are generally characterized as those made with a plastic card.”
Visa Begins a U.S. Contactless Payments Push Again. This Time the POS Hardware Is in Place
Digital Transactions News
