Visa Micro Tag: Contactless payment device from Visa

Filed in archive Contactless Payment Systems on September 28, 2007

I think you need this. Use it as a key ring and even make payments using it easily. This is the Visa Micro Tag which is the latest key fob payment device from Visa using the Visa payWave technology. Using it one will be able to make payments easily by just waving Visa Micro rather than bother to take out your card and swipe it at POS.




For payments below $25 one need not undertake signatures and this would offer both convenience and quick transaction for merchant and customer. The technology is similar to that of PayPass from MasterCard. It comes along with the assurance of company with respect to security since it can only be read when it's brought very close to a reader and a unique digital Watermark is submitted to the Visa payment network for every transaction. These tags only have the Visa logo and not your account number so there is no need to fear and one can use it as a keychain too. I think we should now throw away our cards and move towards this new form of payment after all its easy, quick and safe too.

Via geekzone