Visa to let merchants accept contactless payments on Android NFC phones

Visa has unveiled Tap to Phone, a new software-only solution that enables merchants to accept contactless payments on Android NFC mobile phones, without the need for any additional hardware. The solution is currently undergoing pilot testing in seven countries with five more to be added “over the next several months”. “Today, billions of people expect the convenience of being able to pay with their cards wherever they shop,” Visa says.