Visa's Tap to Phone App Comes Pre-Installed on Some Devices
Daniel Johnson — February 5, 2020 — Business
Visa is expanding the number of people that can use contactless payment systems through its Tap to the Phone app. The expansion was accomplished through a collaboration with Samsung, as the Tap to Phone app will come pre-installed on Samsung's 'Galaxy XCover Pro.' Visa's partnership with Samsung marks the first time the app has been natively integrated into a device.
The app can offer a more streamlined POS experience than traditional payment methods, and it can eliminate the need for customers to wait in lines. Currently, the Tap to Phone app is being tested in 16 different locations across nine countries.
Mary Kay Bowman, the Head of Global Seller Products and Solutions for Visa, spoke about the potential of the Tap to Phone app, “For Visa, the goal is to use our technology to open the door to different commerce experiences across all kinds of sectors with a simple, efficient and secure solution.”
Image Credit: Visa
The app can offer a more streamlined POS experience than traditional payment methods, and it can eliminate the need for customers to wait in lines. Currently, the Tap to Phone app is being tested in 16 different locations across nine countries.
Mary Kay Bowman, the Head of Global Seller Products and Solutions for Visa, spoke about the potential of the Tap to Phone app, “For Visa, the goal is to use our technology to open the door to different commerce experiences across all kinds of sectors with a simple, efficient and secure solution.”
Image Credit: Visa
Trend Themes
1. Contactless Payment Systems - Visa's Tap to Phone app expands the use of contactless payment systems through pre-installation on Samsung devices.
2. Streamlined POS Experience - Visa's Tap to Phone app offers a more streamlined point-of-sale experience compared to traditional payment methods.
3. Mobile Commerce Solutions - Visa's Tap to Phone app opens the door to different commerce experiences across various sectors with a simple and secure solution.
Industry Implications
1. Retail - The integration of Visa's Tap to Phone app into Samsung devices disrupts the retail industry by offering a convenient and fast payment method.
2. Hospitality - The Tap to Phone app's expansion enables a seamless payment experience in the hospitality industry, eliminating the need for long queues.
3. Mobile Technology - The pre-installed Tap to Phone app showcases disruptive innovation in the mobile technology industry by transforming smartphones into contactless payment devices.
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