Wells Fargo Latest to Announce Contactless Credit, Debit Cards

Wells Fargo(3)

SAN FRANCISCO—Wells Fargo announced it will begin rolling out contactless credit and debit cards.

The move supports what several analysts have told CUToday.info—2019 is the year for contactless plastic, technology that will eventually bridge consumers to more digital wallet usage.

As CUToday.info has noted, U.S. merchants are already equipped to accept contactless transactions. Seventy-eight of the top 100 U.S. merchants currently accept contactless payments through NFC technology, according to Visa.

Section: Standard
Word Count: 139
Copyright Holder: CUToday.info
Copyright Year: 2019
Is Based On:
URL: http://www.cutoday.info/Fresh-Today/Wells-Fargo-Latest-to-Announce-Contactless-Credit-Debit-Cards