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Visa is going all in on 'tap to phone' payment options


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  Print publication without navigation Published in Business and Finance on by Fortune

'People love to tap.'

Visa is expanding its tap-to-phone payment options globally, allowing merchants to accept contactless payments using only their smartphones, without the need for additional hardware. This initiative, which began in 2021, has now been rolled out to over 150 countries, aiming to simplify transactions for small businesses and individual sellers. The technology leverages near-field communication (NFC) capabilities in smartphones, enabling quick and secure payments by tapping a card or another smartphone on the merchant's device. Visa's move is part of a broader trend towards digital and contactless payments, spurred by the need for safer transaction methods during the global health crisis and the ongoing shift towards a cashless society.

Read the Full Fortune Article at:
[ https://fortune.com/2025/03/04/visa-tap-to-phone-payment-options/ ]

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