Visa Tap to Phone Adoption Soars: 200% Year-over-Year Growth Worldwide
Tap. Pay. Done. This simple, secure, and increasingly mobile action has transformed the shopping experience and unlocked opportunities for small businesses worldwide.
Visa 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 Brazil - adoption rates have surged, showing a combined growth rate of 234%1.
Tap to Phone expanded Visa’s tap capabilities with a technology that turns a smartphone into a point-of-sale (POS) device, simply by downloading an app.
With nearly 30% of Tap sellers being new small businesses2, this technology is helping to democratize access to commerce tools and empower microsellers and SMBs around the world to start accepting contactless payments by using their NFC-enabled smartphones.
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