Visa (V) strengthens its position as a global payment facilitator in the contactless space via its new Tap to Phone product.

The Visa Contactless Mini Card is issued as a complementary card to a Visa credit or debit card. The card includes a small hole in the lower left corner so it can be easily attached to a key chain.

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 ...

Visa unveils prototype of contactless payment sunglasses from the Everywhere Lounge on March 13, 2017 in Austin, Texas. (Photo by Rick Kern/WME IMG/Getty Images for VISA) Getty Images for VISA.

According to Visa, 80% of Visa purchases are made with contactless Visa credit cards. Most major American credit card issuers are now sending contactless cards by default.

Visa said contactless payments have gone from nice-to-have for speed and convenience, to a must-have for safety reasons. Menu icon A vertical stack of three evenly spaced horizontal lines.

Visa Inc. V, a world leader in digital payments, is set to launch its “Tap to Ride” service across the entire Shanghai Metro ...

Still, Visa wasn't always an advocate of contactless technology in the U.S. Last April, for instance, a high-ranking Visa executive all but dismissed RFID payments, arguing they aren't any faster than ...

Contactless payments have proven to be highly popular since Visa introduced its first contactless card in 2005. Today, more than 30,000 merchant locations in the U.S. accept contactless payments, and ...

Visa has announced plans to start a pilot program to trial contactless payments using NFC-enabled sunglasses, of which fifty will be trialled by partners and influencers at the World Surf League ...

Though banks have issued roughly half as many Visa Contactless RFID-enabled credit and debit cards as they have MasterCard PayPass cards (5.5 million versus more than 10 million), Visa is pushing ...

Visa Inc. V has announced that its Tap to Phone product will now be available in more than 15 markets with plans to expand to the United States and the rest of the world.