Increase cash conversion
Contactless chip cards have proven effective in converting cash to card-based payments1.
1Transaction Lift Analysis of Tap to Pay Active Cardholders, VisaNet Data, January 2019 – January 2020
Contactless chip cards have proven effective in converting cash to card-based payments1.
1Transaction Lift Analysis of Tap to Pay Active Cardholders, VisaNet Data, January 2019 – January 2020
Cardholders can tap to pay in seconds with no contact, allowing for an easy and touch-free experience at checkout.
As contactless continues to gain global momentum, contactless chip cards offer consistency, providing your cardholders with the same experience at merchants around the world.
Cardholders can pay with a contactless card by holding the card flat and tapping it at a contactless-enabled checkout terminal. The payment is processed using the same dynamic security technology as with chip card payments, and the transaction time takes seconds.
Look for the Contactless Symbol that signifies a contactless-enabled checkout terminal.
The chip plate on a contactless chip card is visible on the front of the card. A contactless chip card can also be referred to as a “dual interface” card – simply referring to the fact that it support contactless payments in addition to contact payments (e.g. swipe or dip).
Inside the card, the chip and antennae communicate with the point of sale terminal to send transaction data.