Source: Value of Visa research was commissioned by Visa, and conducted by an independent research firm, Ipsos Loyalty, using an online survey among credit, debit or prepaid cardholders in June 2017, based on the average Extremely Likely and Very Likely respondents in the Grocery, Retail, Restaurants and Travel/Entertainment categories combined. Lift is relative to absence of signage.
The future of fast, simple and secure payments at the point of sale
Quick Visa Smart Debit Credit (qVSDC) is a more secure way to accept contactless payments than Magnetic Stripe Data (MSD) contactless.
Contactless benefits table
Follows the traditional magnetic stripe data storage of information with static data for every transaction.
Extra security – with every transaction, a one-time use transaction code (token) is passed.
Only supported by cards issued in North America.
Global support – can be used with contactless cards around the world.
Average approval rate is 87.5%.²
Average approval rate is 97.6%.²
Will sunset in April 2019.
Current technology for processing card transactions.
² TRA/MARS authorisation data for contactless cards, June - November 2017
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