Friday, September 28, 2007
Visa Unveils New Contactless Payment Device..Visa Micro Tag
How much longer before this application is embedded in mobile phones.
Visa announced today the availability of the Visa Micro Tag, a new key fob payment device embedded with Visa payWave, Visa's contactless technology feature. The Visa Micro Tag is designed to easily attach to a key ring, and it allows cardholders to pay by simply waving their Visa Micro Tag in front of a contactless smart card reader without the need to physically swipe or insert the device into a point-of-sale terminal.
The Visa Micro Tag allows financial institutions to offer cardholders a companion smart card device to an existing Visa credit, debit or prepaid account. Designed to be small and durable, the Visa Micro Tag makes paying for purchases faster and more convenient.