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Americans are famous for their do-it-yourself attitudes, but there's one part of life where you might want to think twice before tackling a build-your-own option: namely, custom credit cards.
EMV contactless symbol used on compatible payment terminals. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for ...
The startup, which is out to give brands and tech companies a way to launch custom co-branded credit cards, has raised $40 million in a Series B funding round led by Activant Capital.
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Smart cards are considered to be the most convenient option among users for making payments in transit. Contactless cards accounted for 84% of the 2.6 billion smart cards and modules produced globally by SPA members and advisory council participants in 2022, up by 8% from 76% in 2021, according to the Smart Payment Association.
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