Contactless Payments

Written by Sky, June 6, 2024

When a merchant requests you to tap, just bring your card or any other device that can be used to pay within just a few inches of the Contactless Symbol on the terminal. Depending on the terminal, you could be asked to tap either the top or bottom of the screen. The transaction will be processed in a few seconds and your receipt will be displayed on the screen of the point of sale or card terminal.

The use of contactless payment has increased dramatically in recent years as well, with Visa reporting in the middle of 2020 that spending on contactless cards has increased by more than 100% year-overyear. Thousands of merchants, including supermarkets, restaurants as well as vending machines and pharmacies have terminals with contactless technology that you can swipe to pay for products or services. You can also connect your Visa contactless cards to a smartphone, or a digital wallet service like Apple Pay or Android Pay. This allows you to pay with a single touch.

The security of transactions through contactless is because every tap generates a secure, unique code. This code is nearly impossible to copy or duplicate, making it very difficult for thieves to make fraudulent purchases. If your card is lost or stolen, the fraud departments of the card issuer can identify and reverse any fraudulent purchases.

As with any new technology, scaremongering stories do arise, but it’s important to keep in mind that contactless cards are as secure as your traditional chip card. The fraud departments at your card issuer remain in place to safeguard you, and should something go wrong, your card is backed by Visa’s Zero Liability Policy.

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