Wells Fargo Launches New Contactless Cards
Wells Fargo & Company has recently announced the release of tap-to-pay contactless consumer credit and debit cards. Wells Fargo cardholders are already familiar with the advantages of digital wallets and are involved in paying for purchases and initiating ATM transactions by means of their mobile phones, while tap-to-pay cards are something new.
The first contactless cards appeared in 2007 and allowed people to avoid inserting cards to pay for things or services. Owners of such cards just need to tap the card near the contactless symbol on the merchant’s checkout terminal.
Beverly Anderson, head of Wells Fargo Cards and Retail Services, referring to a Visa study, notes that 78% of U.S. merchants accept the tap-to-pay payment method and this number is supposed to increase in the nearest future. This also applies to major transit systems such as Portland’s TriMet and Chicago CTA which are starting to put contactless payments to use on buses and trains. New York Metropolitan is also going to join them later this year.
Contactless cards greatly simplify and speed up the purchase payment process for both merchants and purchasers. “At Wells Fargo, our goal is to make the payments experience as seamless as possible for our customers, which is why we are so pleased to launch contactless credit cards for simple tap-to-pay checkouts,” Beverly Anderson also stated.
Some of Wells Fargo updated cards with the contactless feature are already in use. Currently consumers are able to apply for new tap-to-pay credit cards. Those who already have a Wells Fargo credit card, will automatically get a contactless one when their current card expires. Contactless debit cards will become available this summer for both new cardmembers and old ones whose cards have to be reissued.
According to the official press release on the Wells Fargo website, the financial services company is also preparing to launch the contactless access to more than 13,000 ATMs all over the country with their debit cards starting this fall.
Latest Credit Card Issuers News
The digital environment is becoming increasingly common these days. This also applies to the credit sector. Most likely, you use credit card apps or at least visit your issuer’s website from time to time. Indeed, online accessibility is highly important for customers. Considering this fact, issuers seek not only to provide high-quality service but also to design a user-friendly mobile app and site interface that will help cardholders quickly find the necessary information or solve an issue.
Dog-lovers can get checks or credit cards printed with pictures of adorable pups. If you’d rather be at the beach, you can carry a credit card picturing the waves and sand. And now sports fans can order a new credit card with the logo of their favorite teams and players.
Loyal JetBlue customers have another reason to use Chase credit cards: the banking giant and credit card issuer has announced that the JetBlue TrueBlue loyalty program is the newest Chase Ultimate Rewards partner, and cardholders will now be able to redeem their reward points for travel on the airline.
Good news for American Express Platinum cardholders who live or travel in the Denver area: American Express has just announced plans to add a Centurion lounge to the Denver International Airport (DIA). And it will be huge—over 14,000 square feet—making it the second-largest Centurion lounge location.
The Walt Disney Company and Chase Card Services recently announced that they will continue their longstanding relationship, extending their co-branded Disney Visa Card, Disney Premier Visa Card and Disney Visa Debit Card programs in a multi-year agreement.
