Visa brings Tap to Phone contactless payment service to the United States

Visa brings Tap to Phone contactless payment service to the United States
Visa has announced the expansion of its Tap To Phone mobile point of sale (POS) system in the United States as it seeks to help SMBs recover from the effects of the pandemic. The payments giant is launching the service in the United States first through a six-city tour that will highlight the positive impact these point-of-sale technologies can have on Black and women-owned businesses. Visa initially launched Tap to Phone in more than 30 countries last October following a surge in demand for such contactless payment services in the face of the global pandemic, with small and micro-businesses eager to turn their attention to technology to keep up. float.

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"It's all about empowering enablers ... and giving them an edge," Mary Kay Bowman, Visa's director of global buyer and seller solutions, told TechRadar Pro. “We know that SMEs are among the most resilient and disjointed companies in the market; what we're trying to do is make sure they have access to the technology and services they need to thrive. " The company will partner with minority-owned smartphone company ZmBIZI for the implementation, as well as its current payments technology acquirer, Global Payments, giving 50 Washington DC SMEs a taste of the new system. ZmBIZI will provide to SMEs its Android-powered Z1 device (although Bowman indicates that Visa may eventually expand it to iOS devices in the future) which will be equipped with an app that should allow businesses to start using the service and accepting payments right away. they will act as a mobile POS terminal, with no additional hardware required, and contactless EMV security protection is included as standard.

Point of sale Visa Tap to Phone

(Image credit: Visa) Bowman notes that the launch could be crucial for SMBs considering how to approach the post-pandemic world, especially with cash payments rapidly declining in markets around the world. He points out that in addition to being easy to get and set up, Tap To Phone can help businesses quickly improve their cash flow and, more importantly, keep their customers happy. “A lost sale can be a lost customer,” Bowman says, noting that saying no to a customer due to a lack of proper equipment could be crucial in today's markets. After its initial launch in six US cities (Atlanta, Chicago, Detroit, Los Angeles, Miami and Washington DC), Visa expects to expand Tap to Phone across the country, with updates expected in the coming months.