Crowdfund Insider: Visa Tap to Phone Adoption Reportedly Increases 200% YoY Globally Visa (NYSE: V) announced that Tap to Phone has experienced “a 200% increase over the past year, supporting millions of sellers of all sizes.” In the highest Tap to Phone countries – the U.S., UK, and ... Phone Scoop: Samsung Wallet Will Let You Tap Phones to Pay a Friend A 3-year-old technology enabling merchants to accept contactless payments using a regular smart phone with no special hardware has bloomed with a global year-over-year growth rate of 200%. That rate ...

Understanding the Context

Later this month, an update to Samsung Wallet will enable direct peer-to-peer (P2P) cash payments between Samsung phones. The feature requires that both phones have a Visa or Mastercard debit card ...