At an events space by New York’s Union Square, Visa and Chase last week created a pop-up party venue to celebrate — of all things — contactless payments. There was a tap-to-pay , brightly colored tap-to-pay vending machines and a wall-mounted display that let you tap to pay to get someone behind a curtain to hand you a tote bag.
Executives there were predictably psyched about what they saw as the transformative power of this technology.
“It’s just a really exciting time,” Dan Sanford, Visa’s global head of contactless payments, told a small group of reporters. “It’s fast, it’s secure, and it’s seamless for the customer.”