Starting Nov. 18, cardholders from participating banks can add their Visa or Mastercard cards to Google Wallet and use their phones or smartwatches to tap and pay at any contactless terminal.
A combination of technology maturity, consumer popularity, familiarity with contactless payments, and the unique external phenomena of Covid-19 is accelerating today’s market adoption of contactless technologies.
Activity and heightened interest from issuers in countries including the Philippines will likely result in an increase of contactless issuance as early as Q4 2018.