Finance & Economics

Chase teamed up with Visa to popularize contactless payments

Chase customers will speed through checkout with a tap of their Visa credit card at millions of places where contactless payments are accepted

contactless payments

Chase teamed up with Visa to popularize contactless payments. Source: shutterstock.com

The leading credit card issuer in the U.S. Chase is teaming up with Visa to bring tap to pay to the industry’s largest portfolio of credit cards. In the coming months, millions of Chase customers will be able to complete a transaction with a single tap.

Starting later this year, Chase customers will receive new contactless Visa cards on an ongoing basis as their cards are up for renewal or when they open a new account. Chase Freedom Unlimited and Chase Slate customers will be among the first to receive their new cards. All Chase Visa credit cards, including all co-brand cards, will have tap to pay functionality by the first half of 2019. Chase debit cards will offer the tap to pay feature in the second half of 2019.

The contactless checkout process is simple and secure: a customer taps their card on the reader at millions of places that feature the Contactless Symbol, and the reader confirms payment, often with no signature required.

SEE ALSO: UnionPay expanded its contactless service on the new market

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