Visa Rolls Out Tap-to-Phone Contactless Technology

Dave Kovaleski, The Motley Fool
·2 min read
Visa Rolls Out Tap-to-Phone Contactless Technology
Visa Rolls Out Tap-to-Phone Contactless Technology

Visa (NYSE: V) today announced that it is officially rolling out its Tap to Phone contactless payment app in 15 markets, with plans to expand to the U.S. and other markets. Tap to Phone provides point-of-sale terminals without any additional hardware. Sellers download the Tap to Phone app on their Android smartphones or tablets, and they can start accepting contactless payments from buyers who just tap their Visa cards to the merchants' phone.