U.S. credit card and debit card issuers are hopping on the tap-and-pay bandwagon. Contactless payments are typically speedier than transactions in which you insert a card into a chip reader. All newly issued and renewed Chase Visa consumer credit cards now have contactless-payment capability. Chase Visa debit cards will carry the technology starting in the second half of 2019. Capital One added
contactless technology to its Quicksilver, Savor and Venture credit cards last year. Among U.S. merchants that accept Visa payments, 78 of the top 100 (ranked by number of transactions) can now handle contactless transactions. Target announced that it would soon take contactless payments; other merchants accepting them include Costco Wholesale, CVS Pharmacy and McDonald’s. [Kiplinger]
Read More.. Source Forbes