Credit Card Industry Debt Articles

Soon You Will Be Able to Wave Your iPhone to Make Payment via Visa

A company, DeviceFidelity, is currently working in conjunction with Visa to incorporate Visa payWave into the case for an iPhone.

The Visa payWave product has been around for a number of years using a traditional card bearing the Visa logo. But the new iPhone cases will have a chip built into them to make them work the same way.

The reason why the credit card companies want you to use the PayPass or payWave products is they found out people are more likely to use their card more often if it is less hassle to process the transaction. More use leads to more fees for the banks and Visa. That makes them happy.

Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.


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Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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